State Retirement and Pension System - Reemployment Earnings Limitations - Maximum Average Final Compensation

SB 693 State Retirement and Pension System Reemployment Earnings Limitations Maximum Average Final Compensation

Maryland 2025 Regular Session

State Retirement and Pension System - Reemployment Earnings Limitations - Maximum Average Final Compensation
SB-693


About SB-693

Clarifying that the maximum average final compensation that certain retirees of the State Retirement and Pension System is to be based on the minimum annual salary on the standard State pay scale as of January 1 of the preceding calendar year in order to be exempt from a certain reemployment earnings limitation; and adding an average final compensation reemployment exemption for the temporary suspension of a retirement allowance for disability retirees.

  

Bill Texts

Engrossed 03/11/2025

Introduced 01/30/2025

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Sponsors (2)

Votes

Third Reading Passed

03/12/2025

Yeas: 47 | Nays: 0
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History

Hearing 3/25 At 1:00 P.m.

03/19/2025

Referred Appropriations

03/13/2025

Third Reading Passed (47-0)

03/12/2025

Favorable Adopted

03/11/2025

Second Reading Passed

03/11/2025

Favorable Report By Budget And Taxation

03/10/2025

Hearing 2/13 At 9:00 A.m.

02/03/2025

Reassigned To Budget And Taxation

01/31/2025

First Reading Judicial Proceedings

01/30/2025

First Reading Judicial Proceedings

01/26/2025