State Pensions And Retirement
Maryland 2017 Regular Session
Correctional Officers' Retirement System - Deferred Retirement Option Program [HB-225]
Establishing a Deferred Retirement Option Program for members in the Correctional Officers' Retirement System who have at least 20 years and less than 25 years of eligibility service; requiring the State Retirement Agency to request, on or before July 1, 2017, specified documentation from the Internal Revenue Service; and making the Act subject to a specified contingency.
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Gettr Maryland 2017 Regular Session
Employees' and Teachers' Pension Systems - Reformed Contributory Pension Benefit - Service Credit Purchase Clarification [HB-201]
Clarifying that a member of the Employees' Pension System or the Teachers' Pension System who is subject to the Reformed Contributory Pension Benefit is eligible to purchase service credit for a specified period of employment under specified circumstances.
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Maryland 2017 Regular Session
State Retirement and Pension System - Authority to Arrange Custody of Investments and Procurement Exemption [HB-202]
Exempting from specified procurement law expenditures made by the Board of Trustees for the State Retirement and Pension System for the safe custody of investments of the State Retirement and Pension System; transferring the authority to arrange for the safe custody of investments from the State Treasurer to the Board of Trustees; and applying the Act prospectively.
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Maryland 2017 Regular Session
Correctional Officers' Retirement System - Deferred Retirement Option Program [SB-147]
Establishing a Deferred Retirement Option Program for members in the Correctional Officers' Retirement System who have at least 20 years and less than 25 years of eligibility service; requiring the State Retirement Agency to request, on or before July 1, 2017, specified documentation from the Internal Revenue Service; and making the Act subject to a specified contingency.
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Maryland 2017 Regular Session
Unappropriated General Fund Surplus - Appropriation to Pension Fund and Postretirement Health Benefits Trust Fund [HB-28]
Altering a specified required appropriation to require, beginning in fiscal year 2021, an appropriation of up to $25,000,000 to specified accumulation funds of the State Retirement and Pension System and an appropriation of up to $25,000,000 to the Postretirement Health Benefits Trust Fund; and altering the date by which the Department of Legislative Services is required to conduct a specified review and submit a report regarding required appropriations to the State Retirement and Pension System.
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Maryland 2017 Regular Session
State Retirement and Pension System - Funding Ratio Report - Market Value of Assets [HB-40]
Requiring the Board of Trustees for the State Retirement and Pension System to submit a report on or before December 1 each year to the Joint Committee on Pensions and the General Assembly on the funding ratio of the State Retirement and Pension System based on the market value of the assets.
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Maryland 2017 Regular Session
State Retirement and Pension System - Disability Retirement - Reemployment Earnings Limitation [HB-62]
Altering the amount used in a calculation to determine whether retirees receiving an ordinary disability retirement allowance from the State Retirement and Pension System are subject to a specified reemployment earnings limitation.