On Tuesday, October 29th, MPEC members traveled to Annapolis for the Joint Committee on Pensions hearing with Dept. of Budget & Management hoping to gain clarity on the implementation of SB946. Sadly, many walked away frustrated, perplexed and without answers. However, there were two things made clear that must be address 1. DBM has too much discretion in the implementation of this bill 2. The statement given by DBM representatives regarding the effects of the Dec. 31st deadline was intentionally misleading. Click here to read more about the October 29th hearing.
With all the calamity surrounding the prescription drug plan it is IMPOSSIBLE to make an informed life decision without adequate information and uncertainties. State employees should not be forced to decide on retiring before December 31st when:
a) drug coverage may or may not take effect in 2021
b) current legislation will possibly be amended further
c) litigation on SB 946 may continue for years
Let's stand together in solidarity to stop the December 31st deadline click here to SIGN THE PETITION