Day: December 14, 2010

Pension commission delays decisions – but is told it can’t reduce COLAs

The commission examining changes to state retirement benefits put off any decisions until at least next week, but staff on Monday told the members that they couldn’t alter employee cost-of-living adjustments (COLAs) – one of the largest areas for potential savings.

Freezing or capping COLAs for current and future retirees for five to 15 years was one scenario suggested to the Public Employees’ and Retirees’ Benefit Sustainability Commission. But Michael Rubinstein, a legislative analyst staffing the commission, told the commission that “simply from a legal question that approach is not viable.”

Medical benefits administration needs better controls to protect against fraud, audit finds

Widespread lack of accountability may have led to millions of dollars wasted by the Medical Care Programs Administration of the Department of Health and Mental Hygiene, an audit released Monday found.

The medical administration spent $6.8 billion to provide low-income residents with health care benefits like Medicaid in the last fiscal year. The General Assembly’s Joint Audit Committee will review the audit this afternoon (Tuesday).

Support Our Work!

We depend on your support. A generous gift in any amount helps us continue to bring you this service.

Facebook