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.