State Government - Pensions And Retirement
Maryland 2024 Regular Session
Employees' and Teachers' Retirement and Pension Systems - Reemployment of Retirees [SB-366]
Repealing a certain exemption from certain reemployed retiree earnings offsets for certain retirees of the Employees' and Teachers' Retirement and Pension Systems; repealing certain requirements that certain participating employers pay certain offsets under certain circumstances; establishing an exemption from a reemployed retiree earnings offset for retirees of the Teachers' Pension System who are reemployed by certain employers if the retiree's salary is funded from certain sources; etc.
Sponsored by: Sen. Johnny Mautz
Approved By The Governor - Chapter 67 on 04/09/2024
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Gettr Maryland 2024 Regular Session
State Prescription Drug Benefits - Retirees [SB-349]
Authorizing certain retirees who began State service before July 1, 2011, to be eligible for prescription drug benefits in the State Employee and Retiree Health and Welfare Benefits Program; specifying that prescription drug benefits shall be discontinued for certain Medicare-eligible retirees who began State service on or after July 1, 2011, and their Medicare-eligible spouses and dependent children; repealing three Maryland State Retiree Prescription Drug programs that provide coverage and assistance to certain retirees; etc.
Sponsored by: Sen. Mike McKay
Hearing 2/28 At 1:00 P.m. on 02/06/2024
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Maryland 2024 Regular Session
State Retirement and Pension System - Administration - Clarification and Technical Correction [SB-320]
Clarifying that the Board of Trustees for the State Retirement and Pension System may pay certain incentive compensation to the Chief Investment Officer for the State Retirement and Pension System if the Chief Investment Officer retires from the Investment Division of the State Retirement Agency in a certain manner; and correcting a certain incorrect reference of an age restriction applying to certain members of the Law Enforcement Officers' Pension System that participate in the Deferred Retirement Option Program (DROP).
Sponsored by: Sen. Michael Jackson
Approved By The Governor - Chapter 663 on 05/09/2024
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Maryland 2024 Regular Session
Maryland Teachers and State Employees Supplemental Retirement Plans - Automatic Enrollment [SB-322]
Requiring the State Board of Trustees of the Maryland Teachers and State Employees Supplemental Retirement Plans to implement an automatic enrollment arrangement for State employees who are hired on or after January 1, 2025; and requiring an eligible employer to deduct wages of an employee for contribution to a supplemental retirement plan in accordance with an automatic enrollment arrangement, unless the employee has elected to withdraw from or cease to contribute to the supplemental retirement plan.
Sponsored by: Sen. Michael Jackson
Favorable With Amendments Report By Appropriations on 04/08/2024
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Maryland 2024 Regular Session
State Retirement and Pension System - Forfeiture of Benefits [HB-9]
Establishing that a public employee is subject to forfeiture of benefits from the State Retirement and Pension System when a public employee is found guilty of, pleads guilty to, or enters a plea of nolo contendere to a qualifying crime that is committed in the course of the performance of the public employee's duties; providing for the processes and procedures to implement a forfeiture of benefits; and providing for the processes and procedures to reverse a forfeiture of benefits.
Sponsored by: Rep. Brian Crosby
First Reading Appropriations on 01/10/2024
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Maryland 2024 Regular Session
State Retirement and Pension System - Immediate Vesting [HB-88]
Providing that an individual serving as the State Superintendent of Schools shall immediately vest in the State Retirement and Pension System.
Sponsored by: Rep.
Approved By The Governor - Chapter 53 on 04/09/2024
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Maryland 2024 Regular Session
Teachers' Retirement and Pension Systems - Reemployment [SB-143]
Clarifying a certain exemption from a certain reemployment offset for retirees of the Teachers' Retirement System and Teachers' Pension System who are reemployed by a local school system under certain conditions; and providing for the retroactive application of the Act to certain retirees who were reemployed by the Harford County Board of Education.
Sponsored by: Sen. Jason Gallion
Approved By The Governor - Chapter 65 on 04/09/2024
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Maryland 2024 Regular Session
State Retirement and Pension System - Immediate Vesting [SB-266]
Providing that an individual serving as the State Superintendent of Schools shall immediately vest in the State Retirement and Pension System.
Sponsored by: Sen.
Approved By The Governor - Chapter 54 on 04/09/2024
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Maryland 2024 Regular Session
State and Local Retirement and Pension Systems - Service Credit - Returned Peace Corps Volunteers [SB-8]
Authorizing members of a State or local retirement or pension system to receive service credit for volunteer service in the Peace Corps.
Sponsored by: Sen. Ronald Watson
First Reading Budget And Taxation on 01/10/2024
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Maryland 2023 Regular Session
State Retirement and Pension System - Investment Committee - Use of Minority Business Enterprises [SB-958]
Requiring the Investment Committee of the State Retirement Agency to use minority business enterprises to provide at least 20% of the brokerage and investment management services to the Board of Trustees for the State Retirement and Pension System and to manage at least 20% of the assets of the several systems.
Sponsored by: Sen. Joanne Benson
Withdrawn By Sponsor on 03/16/2023
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Maryland 2023 Regular Session
Employees' Retirement and Pension Systems - Reemployment Earnings Limitation - COVID-19 Exemption [HB-1274]
Exempting a certain retiree of the Employees' Retirement and Pension Systems from a certain earnings limitation when the retiree is reemployed by a certain previous employer for a certain time period to assist with the administration of federally funded grants or projects related to the COVID-19 pandemic; and providing for the retroactive application of the Act to January 1, 2020.
Sponsored by: Rep.
Approved By The Governor - Chapter 227 on 04/24/2023
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Maryland 2023 Regular Session
State Retirement and Pension System - Vesting and Retirement Allowance - Clerk of the Court and Register of Wills [HB-1236]
Establishing for a clerk of a circuit court and a register of wills vesting rights and a retirement allowance in the Employees' Pension System after accruing at least 8 years of eligibility service.
Sponsored by: Sen. Shaneka Henson
First Reading House Rules And Executive Nominations on 02/15/2023
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Maryland 2023 Regular Session
State Employees – Programs and Scholarships for Human Services Careers and Probation Agents and State Contributions to Supplemental Retirement Plans [HB-982]
Establishing the Pilot Program for Human Services Careers; altering the eligibility criteria for the Maryland Loan Assistance Repayment Program for Police Officers and the Maryland Police Officers Scholarship Program to include probation agents who work for the Department of Public Safety and Correctional Services; establishing the Pilot Program for Human Services Careers Scholarship; requiring the Maryland Higher Education Commission to make awards from the Human Services Careers Scholarship Pilot Program in fiscal year 2024; etc.
Sponsored by: No sponsors
Approved By The Governor - Chapter 100 on 04/24/2023
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Maryland 2023 Regular Session
Law Enforcement Officers' Pension System - Benefits [HB-929]
Altering the accrual rate from 2.0% to 2.5% for service earned on or after July 1, 2023, for calculating the retirement allowance for certain retirees of the Law Enforcement Officers' Pension System; altering the maximum benefit that certain retirees of the Law Enforcement Officers' Pension System may receive, from 65% to 70% of the member's average final compensation; etc.
Sponsored by: Rep. Nicholaus Kipke
First Reading Appropriations on 02/10/2023
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Maryland 2023 Regular Session
State Retirement and Pension System - Amortization of Unfunded Liabilities and Surpluses [HB-804]
Altering the amortization periods to be used for certain unfunded liabilities or surpluses of the State Retirement and Pension System.
Sponsored by: Rep. Catherine Forbes
Approved By The Governor - Chapter 196 on 04/24/2023
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Maryland 2023 Regular Session
Law Enforcement Officers' Pension System - Membership - Emergency Medical Technicians [HB-791]
Authorizing membership in the Law Enforcement Officers' Pension System for certain emergency medical technicians under certain circumstances.
Sponsored by: Rep. Anne Kaiser
Approved By The Governor - Chapter 188 on 04/24/2023
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Maryland 2023 Regular Session
Pensions and Retirement – Forfeiture of Benefits – Law Enforcement Officers [HB-731]
Establishing that law enforcement officers are subject to forfeiture of benefits from the State Retirement and Pension System or a local system when a law enforcement officer is found guilty of, pleads guilty to, or enters a plea of nolo contendere to a qualifying crime that is committed in the course of the performance of the law enforcement officer's duties; providing for the processes and procedures to implement a forfeiture of benefits; and providing for the processes and procedures to reverse a forfeiture of benefits.
Sponsored by: Rep. Jheanelle Wilkins
Hearing 2/23 At 1:00 P.m. on 02/09/2023
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Maryland 2023 Regular Session
Law Enforcement Officers’ Pension System – Frostburg City Police Department [HB-792]
Requiring membership in the Law Enforcement Officers' Pension System for local law enforcement officers of the Frostburg City Police Department under certain circumstances; providing that an individual is entitled to eligibility service and creditable service that was earned before the effective date of the Frostburg City Police Department's participation in the Law Enforcement Officers' Pension System; etc.
Sponsored by: Rep. Jason Buckel
Approved By The Governor - Chapter 76 on 04/11/2023
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Maryland 2023 Regular Session
State Retirement and Pension System - Administrative Fees [HB-803]
Altering the method by which administrative fees for participants in the State Retirement and Pension System are calculated by and remitted to the State Retirement and Pension System; and requiring the Board of Trustees for the State Retirement and Pension System to provide certain notice to local participating employers.
Sponsored by: Rep. Catherine Forbes
Approved By The Governor - Chapter 193 on 04/24/2023
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Maryland 2023 Regular Session
State Retirement and Pension System - Forfeiture of Benefits [HB-790]
Establishing that a public employee is subject to forfeiture of benefits from the State Retirement and Pension System when a public employee is found guilty of, pleads guilty to, or enters a plea of nolo contendere to a qualifying crime that is committed in the course of the performance of the public employee's duties; providing for the processes and procedures to implement a forfeiture of benefits; and providing for the processes and procedures to reverse a forfeiture of benefits.
Sponsored by: Rep. Brian Crosby
Hearing 3/07 At 1:00 P.m. on 02/10/2023