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Union Questions Baltimore County's Decision to Borrow $25 Million from Pension Fund for Recycling Facility
Baltimore Sun 
Aug. 2, 2012
"Baltimore County plans to borrow $25 million from its pension system to upgrade recycling facilities, a move some County Council members and union leaders are questioning.... The county plans to borrow the money at an interest rate of 7.875 percent and repay it within 15 years. But the Fraternal Order of Police Lodge No. 4 questioned the legality of the move, union president Cole Weston said. ...'The employee pension system has an obligation and responsibility to the people in the plan,' said Weston, who served on the pension system's board for more than a decade until his June retirement. 'And pension systems are not to be used as banks.'"
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