Pension costs soar for Montgomery County schools

From The Examiner:
By: Rachel Baye 11/30/11 8:05 PM
Examiner Staff Writer

The Montgomery County school system will need to significantly increase its contributions to employee pension plans over the next two to three years, according to new findings by the County Council's Office of Legislative Oversight.

and:

To prevent repeat confusion, the report advises the County Council to request semiannual financial reports from the Board of Education, timed to prepare the council for the budget process.

Read the entire story here.

Note: Parents Coalition first posted the entire report this past Tuesday, for that story and to read the report, go here.