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Maryland Lawmakers Pessimistic on Teacher Pension Plan: Proposal Would Cost $500 Million
The Washington Post; subscription may be required Jan. 23, 2006
Excerpt: By the union's measure, teachers in Maryland who retire after 30 years receive annual pension payments that equal about 38 percent of their salary, compared with 60 percent in neighboring Pennsylvania and a nationwide average of 57 percent. But an analysis by a consulting firm hired by the legislature tells another story.
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