State Government - Pensions And Retirement

State (Maryland)
Maryland 2022 Regular Session

Correctional Officers' Retirement System - Talbot County [SB-997]
Requiring membership in the Correctional Officers' Retirement System for certain local detention center officers of Talbot County in the event Talbot County becomes a participating governmental unit in the Correctional Officers' Retirement System; and providing that certain local detention center officers who join the Correctional Officers' Retirement System and receive certain service credit shall no longer be members of the Employees' Pension System and shall have no further rights to any benefit in that System.

  

Sponsored by: Sen. Adelaide Eckardt Hearing Canceled on 04/08/2022

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State (Maryland)
Maryland 2022 Regular Session

Law Enforcement Officers' Pension System - Crisfield Police Department [HB-1445]
Requiring membership in the Law Enforcement Officers' Pension System for certain local law enforcement officers of the Crisfield Police Department under certain circumstances; providing that a certain individual is entitled to eligibility service and creditable service that was earned before the effective date of the Crisfield Police Department's participation in the Law Enforcement Officers' Pension System; providing for the transfer of creditable service for a certain individual; etc.

  

Sponsored by: Rep. Charles Otto Rereferred To Appropriations on 04/07/2022

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State (Maryland)
Maryland 2022 Regular Session

State Police Retirement System - Deferred Retirement Option Program - Alterations [HB-1422]
Increasing the maximum number of years of eligibility service that certain members of the State Police Retirement System may have to participate in the Deferred Retirement Option Program (DROP) from 30 to 32; increasing the number of years that certain members of the State Police Retirement System may participate in the DROP from 5 to 7; and authorizing certain individuals, subject to certain limitations and requirements, to elect to extend their participation in the DROP.

  

Sponsored by: Rep. Tony Bridges First Reading House Rules And Executive Nominations on 02/17/2022

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State (Maryland)
Maryland 2022 Regular Session

Law Enforcement Officers' Pension System - Crisfield Police Department [SB-958]
Requiring membership in the Law Enforcement Officers' Pension System for certain local law enforcement officers of the Crisfield Police Department under certain circumstances; providing that a certain individual is entitled to eligibility service and creditable service that was earned before the effective date of the Crisfield Police Department's participation in the Law Enforcement Officers' Pension System; providing for the transfer of creditable service for a certain individual; etc.

  

Sponsored by: Sen. Mary Carozza Hearing Canceled on 04/08/2022

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State (Maryland)
Maryland 2022 Regular Session

State Retirement and Pension System - Use of Minority and Women-Owned Business Enterprises (Diversity Among Asset Managers Act of 2022) [SB-954]
Requiring the Investment Committee of the State Retirement Agency to assess the use of minority business enterprises beginning July 1, 2022, and each fiscal year thereafter; requiring a certain certification agency and the Governor's Office of Small, Minority, and Women Business Affairs, in consutation with certain entities, to initiate a certain study to evaluate whether remedial measures are needed to comply with a certain court opinion and any subsequent federal or constitutional requirements; etc.

  

Sponsored by: Sen. Joanne Benson Hearing Canceled on 04/08/2022

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State (Maryland)
Maryland 2022 Regular Session

Employees’ Pension System – Purchase of Service [SB-938]
Allowing certain former members of the Employees' Pension System to purchase credit for eligibility service for certain employment with the State for which the former members are not entitled to credit; and providing for the manner in which to purchase the service credit.

  

Sponsored by: Sen. Adelaide Eckardt Hearing 3/24 At 1:00 P.m. on 03/22/2022

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State (Maryland)
Maryland 2022 Regular Session

Military Service Credit - Eligibility [HB-1260]
Authorizing certain members and former members of the State Retirement and Pension System to receive credit for certain military service even if the member receives military service credit in another retirement system; and prohibiting an individual from receiving credit more than one time.

  

Sponsored by: Rep. Eric Ebersole Withdrawn By Sponsor on 03/14/2022

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State (Maryland)
Maryland 2022 Regular Session

State Employee and Retiree Health and Welfare Benefits Program - BWI Airport Fire and Rescue Department - Employees and Dependents [HB-1294]
Authorizing employees who began employment with the BWI Airport Fire and Rescue Department before October 1, 1993, and who are receiving a retirement allowance from the Baltimore City Fire and Police Retirement System to participate in the State Employee and Retiree Health and Welfare Benefits Program; and authorizing a surviving spouse and surviving dependent children of certain deceased retirees to participate in the Program.

  

Sponsored by: Sen. Johnny Mautz Hearing 3/15 At 1:00 P.m. on 02/18/2022

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State (Maryland)
Maryland 2022 Regular Session

Law Enforcement Officers' Pension System - Membership - 9-1-1 Specialists [HB-1236]
Authorizing certain 9-1-1 specialists to become members of the Law Enforcement Officers' Pension System as employees of a participating governmental unit.

  

Sponsored by: Rep. Jason Buckel Hearing 3/10 At 1:00 P.m. on 02/15/2022

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State (Maryland)
Maryland 2022 Regular Session

State Retirement and Pension System - Investment Division - Compensation [HB-1091]
Authorizing the Board of Trustees for the State Retirement and Pension System to pay certain financial incentives under certain circumstances and to adjust compensation for certain employees in the Investment Division of the State Retirement Agency under certain circumstances.

  

Sponsored by: Rep. Brooke Lierman Vetoed By The Governor (duplicative) on 05/27/2022

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State (Maryland)
Maryland 2022 Regular Session

Law Enforcement Officers' Pension System - Membership - 9-1-1 Specialists [SB-822]
Authorizing certain 9-1-1 specialists to become members of the Law Enforcement Officers' Pension System as employees of a participating governmental unit.

  

Sponsored by: Sen. Mary Carozza Hearing 2/24 At 8:30 A.m. on 02/10/2022

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State (Maryland)
Maryland 2022 Regular Session

State Retirement and Pension System – Investment Management Fees [HB-905]
Requiring the Board of Trustees for the State Retirement and Pension System, on or before December 31 each year, to require each alternative investment vehicle in which it invests to disclose at least annually certain information pertaining to fees and expenses for the preceding fiscal year; and requiring the State Retirement Agency to report certain information pertaining to the disclosures.

  

Sponsored by: Rep. Kirill Reznik Hearing 3/15 At 1:00 P.m. on 02/18/2022

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State (Maryland)
Maryland 2022 Regular Session

Maryland Teachers and State Employees Supplemental Retirement Plans – Use of Minority Business Enterprises [HB-909]
Requiring the Board of Trustees of the Maryland Teachers and State Employees Supplemental Retirement Plans to consider using minority business enterprises for investment advisor and fund manager services; requiring the Board to use the Office of State Procurement's website and the State's electronic procurement system to provide notice to potential providers; and requiring the Board, in consultation with a certain office, to identify entities that have been certified as minority business enterprises.

  

Sponsored by: Rep. Brooke Lierman Hearing 3/29 At 1:00 P.m. on 03/22/2022

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State (Maryland)
Maryland 2022 Regular Session

State Health Plan - Chesapeake Bay Commission - Retirees [SB-801]
Including employment with the Chesapeake Bay Commission as eligible service with the State for participation as a retiree in the State Employee and Retiree Health and Welfare Benefits Program; authorizing the State to charge the Commission for the participation in the Program; and providing that the subsidy for employees and retirees of the Commission shall be the same subsidy provided for active and retired State employees.

  

Sponsored by: Sen. Guy Guzzone Approved By The Governor - Chapter 360 on 05/16/2022

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State (Maryland)
Maryland 2022 Regular Session

State Prescription Drug Benefits - Retirees [HB-892]
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: Rep. Nicholaus Kipke Hearing 3/15 At 1:00 P.m. on 02/18/2022

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State (Maryland)
Maryland 2022 Regular Session

State Retirement and Pension System - Investment Management Fees [SB-727]
Requiring the Board of Trustees for the State Retirement and Pension System, on or before December 31 each year, to require each alternative investment vehicle in which it invests to disclose at least annually certain information pertaining to fees and expenses for the preceding fiscal year; and requiring the State Retirement Agency to report certain information pertaining to the disclosures.

  

Sponsored by: Sen. James Rosapepe Hearing 2/24 At 8:30 A.m. on 02/10/2022

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State (Maryland)
Maryland 2022 Regular Session

State Retirement and Pension System - Investment Division - Compensation [SB-739]
Authorizing the Board of Trustees for the State Retirement and Pension System to pay certain financial incentives under certain circumstances and to adjust compensation for certain employees in the Investment Division of the State Retirement Agency under certain circumstances.

  

Sponsored by: Sen. Sarah Elfreth Approved By The Governor - Chapter 356 on 05/16/2022

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State (Maryland)
Maryland 2022 Regular Session

State Retirement and Pension System – COVID–19–Related Death Benefits – Sunset Extension [HB-742]
Extending the dates used to determine the eligibility of members of the State Retirement and Pension System for COVID-19-related death benefits.

  

Sponsored by: Rep. Brooke Lierman Vetoed By The Governor (duplicative) on 05/27/2022

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State (Maryland)
Maryland 2022 Regular Session

Law Enforcement Officers' Pension System - Benefits [HB-748]
Altering the accrual rate from 2.0% to 2.5% for service earned on or after July 1, 2022, for calculating the retirement allowance for certain retirees of the Law Enforcement Officers' Pension System; and 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.

  

Sponsored by: Rep. Nicholaus Kipke First Reading Appropriations on 02/03/2022

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State (Maryland)
Maryland 2022 Regular Session

Judges’ Retirement System – Purchase of Service Credit – Repeal [HB-741]
Repealing obsolete provisions of law that authorize the purchase of service credit in the Judges' Retirement System for certain service as a magistrate before July 1, 1975, or for service as a member of the Workers' Compensation Commission before July 1, 1977.

  

Sponsored by: Rep. Brooke Lierman Withdrawn By Sponsor on 02/21/2022

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