State Pensions And Retirement

State (Maryland)
Maryland 2017 Regular Session

Correctional Officers' Retirement System - Membership [HB-1081]
Altering the membership of the Correctional Officers' Retirement System to include specified individuals serving in specified positions in the Department of Public Safety and Correctional Services; providing that specified members of the Correctional Officers' Retirement System who meet specified criteria may receive a normal service retirement allowance that is based on specified creditable service; etc.

  

Sponsored by: Sen. Mike McKay Approved By The Governor - Chapter 688 on 05/25/2017

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State (Maryland)
Maryland 2017 Regular Session

Teachers' Retirement and Pension Systems - Credit for Unused Sick Leave - Time Period for Eligibility [HB-1095]
Specifying that, if a member of the Teachers' Retirement System or the Teachers' Pension System appeals a specified employment decision, the time period during which the member must retire to be eligible to receive creditable service for unused sick leave at retirement may not begin until the member has exhausted or otherwise terminated all rights to appeal.

  

Sponsored by: Rep. Samuel Rosenberg Unfavorable Report By Appropriations on 03/24/2017

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State (Maryland)
Maryland 2017 Regular Session

Teachers' Retirement and Pension Systems - County Boards of Education Payments [HB-1109]
Providing that, for fiscal year 2017, county boards of education shall be relieved of a specified portion of a contribution for specified local employees of the Teachers' Retirement and Pension Systems; providing for a specified allocation of payment relief; requiring the Governor to provide a specified amount in either fiscal year 2018 or 2019 to be paid into specified accumulation funds of the State Retirement and Pension System if a specified condition is not met; etc.

  

Sponsored by: Rep. Ben Barnes Approved By The Governor - Chapter 5 on 03/31/2017

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State (Maryland)
Maryland 2017 Regular Session

State Employees and Teachers - Cash Balance Plan [HB-1072]
Establishing a cash balance plan under the State Retirement and Pension System; requiring that individuals who on June 30, 2018, are members of specified pension systems become members of the cash balance plan on July 1, 2018; requiring that specified individuals who are employed on or after July 1, 2018, by participating employers become members of the cash balance plan; requiring the Board of Trustees of the State Retirement and Pension System to administer the cash balance plan; etc.

  

Sponsored by: Rep. Kathy Afzali Unfavorable Report By Appropriations on 04/10/2017

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State (Maryland)
Maryland 2017 Regular Session

Law Enforcement Officers' Pension System - Separation Requirement - Exemption [HB-982]
Exempting specified members of the Law Enforcement Officers' Pension System who are receiving a specified service retirement allowance from a prohibition on employment with specified entities within 45 days of retirement under specified circumstances; etc.

  

Sponsored by: Sen. Mary Carozza Unfavorable Report By Appropriations on 03/24/2017

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State (Maryland)
Maryland 2017 Regular Session

State Retirement and Pension System - Guaranteed Retirement Income Plan and Retirement Savings Plan [HB-1064]
Altering specified local employer contributions for members of the Teachers' Pension System; establishing a guaranteed retirement income plan and a retirement savings plan under the State Retirement and Pension System; providing that specified employees are participating employees of the guaranteed retirement income plan under specified circumstances; etc.

  

Sponsored by: Rep. Kathy Afzali Unfavorable Report By Appropriations on 04/10/2017

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State (Maryland)
Maryland 2017 Regular Session

Correctional Officers' Retirement System - Membership [HB-981]
Altering the membership of the Correctional Officers' Retirement System to include specified individuals serving in specified positions in the Department of Public Safety and Correctional Services; providing that specified members of the Correctional Officers' Retirement System who meet specified criteria may receive a normal service retirement allowance that is based on specified creditable service; etc.

  

Sponsored by: Rep. Third Reading Passed (141-0) on 04/10/2017

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State (Maryland)
Maryland 2017 Regular Session

State Retirement Agency - Investment Division Personnel [SB-914]
Authorizing the Board of Trustees for the State Retirement and Pension System to determine the qualifications and compensation of specified positions in the Investment Division in the State Retirement Agency; authorizing the Board of Trustees to create specified positions in the Investment Division; requiring specified positions to be funded from specified existing funds; requiring the Board of Trustees to report specified information to specified General Assembly committees on or before October 1 annually; etc.

  

Sponsored by: Sen. Guy Guzzone Hearing 3/09 At 1:00 P.m. on 03/09/2017

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State (Maryland)
Maryland 2017 Regular Session

Procurement and Pensions - State Sanctions - Discriminatory Boycott of Israel [HB-949]
Altering specified provisions of the State procurement law relating to the debarment of specified persons engaged in investment activities in Iran to include persons participating in a boycott of the State of Israel; and altering specified provisions of law requiring the Board of Trustees for the State Retirement and Pension System to take divestment action with regard to investments in a company doing business in Iran or Sudan to include a company participating in a boycott of Israel.

  

Sponsored by: Rep. Dana Stein Hearing 2/28 At 1:00 P.m. (health And Government Operations) on 02/28/2017

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State (Maryland)
Maryland 2017 Regular Session

State Retirement and Pension System - Death Benefits [SB-913]
Altering the distribution of specified survivor benefits to surviving children of specified members of the State Retirement and Pension System; requiring a disabled child to receive specified survivor benefits; allowing a death benefit to be paid if special death benefits are waived; altering the distribution of special death benefits to surviving children of members of the State Retirement and Pension System; requiring a surviving disabled child to receive specified special death benefits; etc.

  

Sponsored by: Sen. Guy Guzzone Approved By The Governor - Chapter 277 on 04/18/2017

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State (Maryland)
Maryland 2017 Regular Session

Teachers' Retirement and Pension Systems - County Boards of Education Payments [SB-1001]
Providing that, for fiscal year 2017, county boards of education shall be relieved of a specified portion of a contribution for specified local employees of the Teachers' Retirement and Pension Systems; providing for a specified allocation of payment relief; requiring the Governor to provide a specified amount in either fiscal year 2018 or 2019 to be paid into specified accumulation funds of the State Retirement and Pension System if a specified condition is not met; etc.

  

Sponsored by: Sen. Guy Guzzone Hearing 3/28 At 1:00 P.m. on 03/28/2017

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State (Maryland)
Maryland 2017 Regular Session

Law Enforcement Officers' Pension System - Membership [SB-754]
Transferring specified individuals into the Law Enforcement Officers' Pension System; requiring an individual who is transferred into the Law Enforcement Officers' Pension System to make specified deposits in the annuity savings fund of the Law Enforcement Officers' Pension System; requiring the Board of Trustees for the State Retirement and Pension System to make specified transfers to the specified accumulation fund and annuity savings fund; etc.

  

Sponsored by: Sen. Guy Guzzone Approved By The Governor - Chapter 172 on 04/18/2017

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State (Maryland)
Maryland 2017 Regular Session

Procurement and Pensions - State Sanctions - Discriminatory Boycott of Israel [SB-739]
Altering specified provisions of the State procurement law relating to the debarment of specified persons engaged in investment activities in Iran to include persons participating in a boycott of the State of Israel; and altering specified provisions of law requiring the Board of Trustees for the State Retirement and Pension System to take divestment action with regard to investments in a company doing business in Iran or Sudan to include a company participating in a boycott of Israel.

  

Sponsored by: Sen. Joan Conway Hearing 3/01 At 1:00 P.m. (budget And Taxation) on 03/01/2017

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State (Maryland)
Maryland 2017 Regular Session

State Retirement and Pension System - Disability Retirement and Workers' Compensation Benefits - Offsets [SB-751]
Exempting ordinary disability retirement benefits from the requirement to be offset by related workers' compensation benefits; repealing the requirement for the Board of Trustees for the State Retirement and Pension System to reduce accidental or special disability retirement benefits by related workers' compensation benefits; and requiring the Workers' Compensation Commission to reduce workers' compensation benefits by related accidental or special disability retirement benefits under specified circumstances.

  

Sponsored by: Sen. Guy Guzzone Hearing 3/02 At 8:30 A.m. (budget And Taxation) on 03/02/2017

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State (Maryland)
Maryland 2017 Regular Session

Employees' Pension System - Optional Membership - Concurrent Membership Prohibition [SB-845]
Providing that specified membership in the Employees' Pension System shall terminate for specified individuals as of July 1, 2017; providing that specified individuals may receive a return of employee contributions under specified circumstances; clarifying that a specified individual shall remain a member of the Employees' Pension System with respect to specified employment; etc.

  

Sponsored by: Sen. Jim Mathias Hearing 3/02 At 8:30 A.m. on 03/02/2017

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State (Maryland)
Maryland 2017 Regular Session

Optional Retirement Program - Annuity Contract Providers [SB-752]
Repealing a default inclusion as an optional retirement program annuity contract provider of a company designated by a governing board of an employing institution on or before a specified date; altering the definition of "designated company" to mean one that is designated by the Board of Trustees; and providing the Board of Trustees may designate not more than five companies from which annuity contracts are to be purchased under the program.

  

Sponsored by: Sen. Guy Guzzone Approved By The Governor - Chapter 275 on 04/18/2017

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State (Maryland)
Maryland 2017 Regular Session

State Retirement and Pension System - State Employees and Teachers - Benefits [HB-896]
Altering specified local employer contributions for members of the Teachers' Pension System; establishing a State Employees' and Teachers' Integrated Pension System and a State Employees' and Teachers' Integrated Pension System Savings Plan for individuals who are members of the Employees' Pension System or the Teachers' Pension System on or after July 1, 2018; etc.

  

Sponsored by: Rep. Seth Howard Unfavorable Report By Appropriations on 04/10/2017

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State (Maryland)
Maryland 2017 Regular Session

State Retirement and Pension System - Membership Elections [HB-815]
Limiting optional membership in the Employees' Pension System to individuals who have not previously been a member of a specified pension and retirement program or who have not had specified previous employment; authorizing an eligible governmental unit that does not satisfy specified requirements to participate in specified State systems to submit a request to participate to the Board of Trustees for the State Retirement and Pension System; requiring the Board to consider specified requests and make specified recommendations; etc.

  

Sponsored by: Rep. Ben Barnes Approved By The Governor - Chapter 272 on 04/18/2017

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State (Maryland)
Maryland 2017 Regular Session

Courts - Action for Violation of Collective Bargaining Agreement or Breach of Duty of Fair Representation - Limitations Period [HB-852]
Establishing a specified limitations period on an action for injunctive relief or damages for a violation of a collective bargaining agreement covering an employee of the State or a political subdivision of the State or a breach by an exclusive representative of the duty of fair representation owed to an employee of the State or a political subdivision of the State; and applying the Act prospectively.

  

Sponsored by: Sen. Cory McCray Approved By The Governor - Chapter 483 on 05/04/2017

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State (Maryland)
Maryland 2017 Regular Session

Correctional Officers' Retirement System - Membership [SB-650]
Altering the membership of the Correctional Officers' Retirement System to include specified individuals serving in specified positions in the Department of Public Safety and Correctional Services; providing that specified members of the Correctional Officers' Retirement System who meet specified criteria may receive a normal service retirement allowance that is based on specified creditable service; etc.

  

Sponsored by: Sen. William Ferguson Approved By The Governor - Chapter 689 on 05/25/2017

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