Hogan Releases Funds for State Employee COLA
Governor Larry Hogan today announced that $68 million would be released from the budget to maintain the 2 percent cost-of-living adjustment (COLA) for all state employees into the next fiscal year. Additionally, the governor issued a statewide proclamation announcing today as State Employee Recognition Day.
“State employees are the backbone of our government and it is an honor to serve the people of Maryland alongside them,” said Governor Hogan. “What I witnessed last week in Baltimore once again underscored their selfless dedication and commitment to our citizens. Despite the fiscal challenges we continue to face, I am proud to continue to provide our state employees with the pay increase they need and deserve.”
Prior to the Governor Hogan’s inauguration and under the previous administration, a COLA went into effect on January 1, 2015, but without a long-term funding mechanism in place, according to a release from his administration.