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Charles County Approves Pension Plan Amendment, Cutting $1.26M In Long-Term Costs - The BayNet

Summary by thebaynet.com
Photo Credit: Envato | AtlasComposerLA PLATA, Md. — Charles County has approved a new pension plan amendment that is expected to save the county more than $1.26 million by reducing long-term financial liabilities and aligning with Maryland’s state retirement rules.The change, Amendment 2025-1, was presented by Deputy Director of Human Resources Megan Donnick and Benefits Administrator Kim Pelczar during a public meeting on May 13. It introduces …
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thebaynet.com broke the news in on Tuesday, May 20, 2025.
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