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August 1, 2014, 2:47 am
970 WMAY News

Rutherford Blames Politics and Fear of Court Battle in Stalling Pension Reform


State Treasurer Dan Rutherford says politics may be keeping pension reform at bay and that’s not right.

 

The treasurer, who himself is running for higher office, says that some members of the General Assembly are running for reelection and that could play into whether there is a vote.

 

He also says worrying about lawsuits over pension reform shouldn’t keep reform from happening.

 

The chief fiscal officer of the state says bond ratings houses are closely monitoring the state’s action on pension reform and he hopes they can bring the nearly $100 billion issue back to the forefront when they return in November.

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