State Government - Pensions And Retirement
Maryland 2022 Regular Session
Teachers' Retirement and Pension Systems - Reemployment [HB-743]
Providing an exemption from reemployment earnings offsets for retirees of the Teachers' Retirement and Pension Systems for certain reemployment from July 1, 2022, through June 30, 2024, for the rehire by each superintendent of a local school system and the superintendent of the Maryland School for the Deaf of a maximum of 25 individuals who are retirees of the Teachers' Retirement System and 25 individuals who are retirees of the Teachers' Pension System.
Sponsored by: Rep. Brooke Lierman
Enacted Under Article Ii, Section 17(c) Of The Maryland Constitution - Chapter 558 on 05/29/2022
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Gettr Maryland 2022 Regular Session
State Retirement and Pension System - Investment Climate Risk - Fiduciary Duties [HB-740]
Requiring a fiduciary of the State Retirement and Pension System to consider certain climate risks on the System's assets; requiring a climate risk assessment to include a certain review of the System's investment portfolio to determine the level of climate risk across certain sectors and asset classes, identification of investment opportunities in certain energy sectors, a process for regular reassessment of certain impact of climate risk, and utilization of the best data and practices for climate risk analyses; etc.
Sponsored by: Rep. Brooke Lierman
Enacted Under Article Ii, Section 17(b) Of The Maryland Constitution - Chapter 24 on 04/09/2022
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Maryland 2022 Regular Session
State Retirement and Pension System - Administration - Clarifications and Corrections [HB-744]
Clarifying the procedures for certain State Retirement and Pension System trustee elections; clarifying the survivor benefit for certain beneficiaries of certain retirees of the State Police Retirement System; exempting certain individuals who are retirees of the Correctional Officers' Retirement System from a certain earnings offset under certain circumstances; providing for immediate vesting for certain individuals appointed by the Governor who are serving in certain positions on or after a certain date; etc.
Sponsored by: Rep. Brooke Lierman
Approved By The Governor - Chapter 353 on 05/16/2022
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Maryland 2022 Regular Session
State Personnel - Collective Bargaining [HB-751]
Granting collective bargaining rights to graduate students at an institution within the University System of Maryland, Morgan State University, or St. Mary's College of Maryland who are a teaching, administrative, or research assistants, or in comparable positions, fellows, or postdoctoral interns.
Sponsored by: Rep. Bonnie Cullison
First Reading Appropriations on 02/03/2022
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Maryland 2022 Regular Session
Correctional Officers’ Retirement System – Membership [HB-763]
Altering the membership of the Correctional Officers' Retirement System to include certain individuals serving in certain positions in the Department of Juvenile Services; providing for the calculation of a certain benefit from the Correctional Officers' Retirement System for individuals serving in certain positions on or before June 30, 2022; requiring the State Retirement Agency, on or before January 1, 2023, to notify the individuals who are affected by the Act of their right to transfer certain service credit; etc.
Sponsored by: Rep. Tony Bridges
Approved By The Governor - Chapter 147 on 04/21/2022
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Maryland 2022 Regular Session
State Prescription Drug Benefits – Retirees [SB-578]
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. Susan Lee
Hearing 3/02 At 1:00 P.m. on 02/03/2022
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Maryland 2022 Regular Session
State Retirement and Pension System – Investment Climate Risk – Fiduciary Duties [SB-566]
Requiring a fiduciary of the State Retirement and Pension System to consider certain climate risks on the System's assets; requiring a climate risk assessment to include a certain review of the System's investment portfolio to determine the level of climate risk across certain sectors and asset classes, identification of investment opportunities in certain energy sectors, a process for regular reassessment of certain impact of climate risk, and utilization of the best data and practices for climate risk analyses; etc.
Sponsored by: Sen. Sarah Elfreth
Enacted Under Article Ii, Section 17(b) Of The Maryland Constitution - Chapter 25 on 04/09/2022
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Maryland 2022 Regular Session
State Retirement and Pension System - Administration - Clarifications and Corrections [SB-502]
Clarifying the procedures for certain State Retirement and Pension System trustee elections; clarifying the survivor benefit for certain beneficiaries of certain retirees of the State Police Retirement System; exempting certain individuals who are retirees of the Correctional Officers' Retirement System from a certain earnings offset under certain circumstances; requiring service credit for certain members of the Employees' Pension System to be transferred to the Correctional Officers' Retirement System; etc.
Sponsored by: Sen. Sarah Elfreth
Hearing Canceled on 03/22/2022
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Maryland 2022 Regular Session
State Retirement and Pension System - Prorated Payment of Benefits on Death [HB-486]
Providing for the prorated payment of benefits when a designated beneficiary or retiree of the State Retirement and Pension System dies.
Sponsored by: Rep. Eric Ebersole
Withdrawn By Sponsor on 02/28/2022
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Maryland 2022 Regular Session
Maryland Teachers and State Employees Supplemental Retirement Plans - Use of Minority Business Enterprises [SB-458]
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 entity, to identify entities that have been certified as minority business enterprises under certain circumstances.
Sponsored by: Sen. Sarah Elfreth
Approved By The Governor - Chapter 392 on 05/16/2022
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Maryland 2022 Regular Session
State Retirement and Pension System - Use of Minority and Women-Owned Business Enterprises (Diversity Among Asset Managers Act of 2022) [HB-542]
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, in consultation with certain entities, to evaluate whether remedial measures are needed to comply with a certain court opinion and any subsequent federal or constitutional requirements; etc.
Sponsored by: Rep. Jazz Lewis
Enacted Under Article Ii, Section 17(c) Of The Maryland Constitution - Chapter 641 on 05/29/2022
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Maryland 2022 Regular Session
Teachers' Retirement and Pension Systems - Reemployment [SB-410]
Providing an exemption from reemployment earnings offsets for retirees of the Teachers' Retirement and Pension Systems, from July 1, 2022, through June 30, 2024, for the rehire by each superintendent of a local school system and the superintendent of the Maryland School for the Deaf of a maximum of 25 individuals who are retirees of the Teachers' Retirement System and 25 individuals who are retirees of the Teachers' Pension System.
Sponsored by: Sen. Sarah Elfreth
Enacted Under Article Ii, Section 17(c) Of The Maryland Constitution - Chapter 559 on 05/29/2022
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Maryland 2022 Regular Session
State Retirement and Pension System – COVID–19–Related Death Benefits – Sunset Extension [SB-409]
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: Sen. James Rosapepe
Approved By The Governor - Chapter 355 on 05/16/2022
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Maryland 2022 Regular Session
Employees’ Retirement and Pension Systems – Reemployment Earnings Limitation – COVID–19 Exemption [SB-402]
Exempting retirees of the Employees' Retirement and Pension Systems from a reemployment earnings limitation for up to 3 years when the individual was previously employed by the State of Maryland and is rehired by the Maryland Department of Health or the Maryland Department of Labor not later than December 31, 2022, to assist with the administration of federally funded grants or benefits related to the COVID-19 pandemic or to work as a member of the COVID Unified Command; and applying the Act retroactively to January 1, 2020.
Sponsored by: Sen. Mary Carozza
Approved By The Governor - Chapter 58 on 04/12/2022
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Maryland 2022 Regular Session
Employees' Retirement and Pension Systems - Reemployment Earnings Limitation - COVID-19 Exemption [HB-417]
Exempting retirees of the Employees' Retirement and Pension Systems from a reemployment earnings limitation for up to 3 years when the retiree's previous employer, the State of Maryland, rehires the retiree not later than December 31, 2022, to assist with the administration of federally funded grants or benefits related to the COVID-19 pandemic; and applying the Act retroactively to January 1, 2020.
Sponsored by: Rep. Nicholaus Kipke
Approved By The Governor - Chapter 57 on 04/12/2022
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Maryland 2022 Regular Session
Reformed Contributory Pension Benefit - Former Members - Member Contributions [HB-312]
Requiring a certain rate of interest on certain former member contributions in the Reformed Contributory Pension Benefit of the Employees' Pension System or Teachers' Pension System under certain circumstances.
Sponsored by: Rep. Robbyn Lewis
Withdrawn By Sponsor on 02/21/2022
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Maryland 2022 Regular Session
State Police Retirement System and Law Enforcement Officers' Pension System - Deferred Retirement Option Program - Alterations [SB-346]
Increasing the maximum number of years of eligibility service that certain members of the State Police Retirement System or Law Enforcement Officers' Pension 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 or Law Enforcement Officers' Pension System may participate in the DROP from 5 to 7; and authorizing certain individuals to elect to extend their participation in the DROP.
Sponsored by: Sen. Michael Jackson
Favorable With Amendments Report By Budget And Taxation on 03/29/2022
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Maryland 2022 Regular Session
Correctional Officers' Retirement System - Membership [SB-231]
Altering the membership of the Correctional Officers' Retirement System to include certain individuals serving in certain positions in the Department of Juvenile Services; providing for the calculation of a certain benefit from the Correctional Officers' Retirement System for individuals serving in certain positions on or before June 30, 2022; requiring the State Retirement Agency, on or before January 1, 2023, to notify the individuals who are affected by the Act of their right to transfer certain service credit; etc.
Sponsored by: Sen. Michael Jackson
Rereferred To Appropriations on 04/07/2022
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Maryland 2022 Regular Session
Pensions and Retirement – Forfeiture of Benefits – Law Enforcement Officers [SB-141]
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 felony, perjury or a misdemeanor relating to truthfulness and veracity committed in the course of the performance of a law enforcement officer's duties; and providing for the processes and procedures to implement a forfeiture of benefits.
Sponsored by: Sen. Jill Carter
Hearing 1/27 At 9:00 A.m. on 01/17/2022
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Maryland 2022 Regular Session
State Personnel - Collective Bargaining [SB-118]
Granting collective bargaining rights to graduate students at an institution within the University System of Maryland, Morgan State University, or St. Mary's College of Maryland who are a teaching, administrative, or research assistants, or in comparable positions, fellows, or postdoctoral interns.
Sponsored by: Sen. Benjamin Kramer
First Reading Finance on 01/12/2022