State Pensions And Retirement
Maryland 2018 Regular Session
Alternate Contributory Pension Selection – Former Members – Member Contributions [SB-699]
Requiring that certain active members of the Employees' Pension System or the Teachers' Pension System who are subject to the Reformed Contributory Pension Benefit earn a certain rate of interest on certain former member contributions in the Alternate Contributory Pension Selection under certain circumstances; applying the Act retroactively; etc.
Sponsored by: Sen. Guy Guzzone
Approved By The Governor - Chapter 509 on 05/08/2018
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Gettr Maryland 2018 Regular Session
Correctional Officers' Retirement System - Membership [SB-63]
Altering the membership of the Correctional Officers' Retirement System to include certain individuals serving in certain positions in the Department of Public Safety and Correctional Services; providing that certain members of the Correctional Officers' Retirement System who meet certain criteria may receive a normal service retirement allowance that is based on certain creditable service; etc.
Sponsored by: Sen.
Hearing 1/25 At 9:30 A.m. on 01/25/2018
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Maryland 2018 Regular Session
Correctional Officers’ Retirement System – Former Baltimore City Jail Employees [SB-620]
Providing that certain former Baltimore City Jail employees who are members of the Correctional Officers' Retirement System and who meet certain criteria may receive a normal service retirement allowance that is based on certain service; and requiring the State Retirement Agency, on or before October 1, 2018, to notify certain individuals affected by the Act of their rights to apply certain service credit to the Correctional Officers' Retirement System.
Sponsored by: Sen. Katherine Klausmeier
Hearing 2/22 At 8:30 A.m. on 02/22/2018
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Maryland 2018 Regular Session
State Employee and Retiree Health and Welfare Benefits Program - Retiree Dependent Participation in the Maryland Rx Program [SB-568]
Altering a certain date to January 1, 2020, by which the State is required to discontinue a certain prescription drug benefit for certain retirees; authorizing certain retirees who participate in a certain prescription drug benefit plan with a certain dependent to elect to have the dependent covered under a certain State prescription drug benefit plan; requiring the Secretary of Budget and Management to provide a certain notice to certain retirees of certain changes not later July 1, 2019; etc.
Sponsored by: Sen. James Rosapepe
Hearing 2/22 At 8:30 A.m. on 02/22/2018
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Maryland 2018 Regular Session
Correctional Officers' Retirement System - Membership [SB-510]
Altering the membership of the Correctional Officers' Retirement System to include certain individuals serving in certain positions in the Department of Juvenile Services; providing that certain members of the Correctional Officers' Retirement System who meet certain criteria may receive a normal service retirement allowance that is based on certain creditable service; etc.
Sponsored by: Sen. Ulysses Currie
Hearing 2/08 At 9:00 A.m. on 02/08/2018
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Maryland 2018 Regular Session
Military Service Credit - Eligibility [SB-378]
Repealing limitations and exceptions for certain members of the State Retirement and Pension System receiving credit for military service if the member receives military service credit in another retirement system.
Sponsored by: Sen. James Rosapepe
Hearing 2/08 At 9:00 A.m. on 02/08/2018
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Maryland 2018 Regular Session
State Retirement and Pension System - State Employees and Teachers - Benefits [SB-31]
Altering certain 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, 2019; etc.
Sponsored by: Sen. Gail Bates
Hearing 1/25 At 9:30 A.m. on 01/25/2018
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Maryland 2018 Regular Session
Correctional Officers’ Retirement System – Membership [SB-299]
Including certain individuals employed by the Department of Juvenile Services and the Department of Public Safety and Correctional Services in the membership of the Correctional Officers' Retirement System; requiring a certain transfer and combination of certain service credit for certain individuals; requiring the Board of Trustees for the State Retirement and Pension System to calculate a certain disability benefit for certain individuals and to grant a certain benefit under certain circumstances; etc.
Sponsored by: Sen. Guy Guzzone
Approved By The Governor - Chapter 579 on 05/15/2018
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Maryland 2018 Regular Session
State Retirement and Pension System – Board of Trustees – Oath [SB-178]
Altering from 10 to 30 days after the appointment or election of an individual to the Board of Trustees for the State Retirement and Pension System during which the individual is required to take the oath of office; clarifying that individuals appointed or elected to the Board of Trustees take a certain oath required by Article I, § 9 of the Maryland Constitution; requiring the oath to be taken before a clerk or deputy clerk of a circuit court; providing the State Treasurer will be chairman of the Board of Trustees; etc.
Sponsored by: Sen. Guy Guzzone
Vetoed By The Governor (policy) on 05/25/2018
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Maryland 2018 Regular Session
Judges' Retirement System - Mandatory Retirement Age - Clarification of Eligibility for Allowance [SB-176]
Clarifying the eligibility for a retirement allowance for certain members of the Judges' Retirement System who reach the mandatory retirement age required by Article IV, § 3 of the Maryland Constitution and have less than 5 years of eligibility service.
Sponsored by: Sen. Guy Guzzone
Approved By The Governor - Chapter 249 on 04/24/2018
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Maryland 2018 Regular Session
Employees' and Teachers' Retirement and Pension Systems - Reemployment Earnings Limitation [SB-1252]
Correcting certain requirements pertaining to a certain earnings limitation to certain retirees of the Employees' and Teachers' Retirement and Pension Systems; exempting certain retirees from a certain earnings limitation under certain circumstances; requiring certain participating employers to pay a certain offset under certain circumstances; providing that certain retirees are entitled to certain reimbursement for a certain reemployment earnings offset under certain circumstances; etc.
Sponsored by: Sen. Douglas Peters
Approved By The Governor - Chapter 469 on 05/08/2018
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Maryland 2018 Regular Session
Employee Benefits – State Employee and Retiree Health and Welfare Benefits Program and Maryland Small Business Retirement Savings Program [SB-1001]
Altering the entities for which the State Department of Assessments and Taxation is required to waive a certain filing fee; designating the Maryland Small Business Retirement Savings Board as a body politic and corporate and an instrumentality of the State; providing that, except under certain circumstances, the Board is not subject to any law that affects governmental units; authorizing the appointing authority, rather than the Governor, to remove a member of the Maryland Small Business Retirement Savings Board; etc.
Sponsored by: Sen. James Rosapepe
Approved By The Governor - Chapter 596 on 05/15/2018
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Maryland 2018 Regular Session
General Assembly Compensation Commission - Legislative Pension Plan - Closure to Current and Future Members [HJR-7]
Providing that the Resolution of the General Assembly Compensation Commission dated January 16, 2018, and transmitted to the General Assembly on January 23, 2018, be amended to close the Legislative Pension Plan to new membership on or after January 9, 2019, and be amended to provide that no new service credit may be earned in the Legislative Pension Plan on or after January 9, 2019; etc.
Sponsored by: Rep. Susan Krebs
Unfavorable Report By House Rules And Executive Nominations on 03/29/2018
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Maryland 2018 Regular Session
Maryland Pension Risk Mitigation Act [HB-993]
Requiring that, consistent with certain fiduciary duties, the investment policy manual adopted by the Board of Trustees for the State Retirement and Pension System include certain policies and address certain details regarding the management of certain risks in the investment of State Retirement and Pension System assets; requiring the Board of Trustees to submit a report on its risk assessment of the investments of the several systems by January 31, 2019, and every year thereafter; etc.
Sponsored by: Rep. Dana Stein
Approved By The Governor - Chapter 769 on 05/15/2018
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Maryland 2018 Regular Session
Personnel and Pensions – Phased Retirement Plan [HB-822]
Requiring, by July 1, 2019, the Department of Budget and Management and the State Retirement Agency to finalize the development of recommendations for a phased retirement plan; requiring the Department and the Agency to consider certain options and work with certain representatives in developing the recommendations; requiring, by July 1, 2019, the Department and the Agency to submit recommendations to the Department of Legislative Services and certain committees of the General Assembly and the Joint Committee on Pensions; etc.
Sponsored by: Rep. Carol Krimm
Approved By The Governor - Chapter 774 on 05/15/2018
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Maryland 2018 Regular Session
State Employee and Retiree Health and Welfare Benefits Program - Retiree Dependent Participation in the Maryland Rx Program [HB-629]
Altering a certain date to January 1, 2020, by which the State is required to discontinue a certain prescription drug benefit for certain retirees; authorizing certain retirees who participate in a certain prescription drug benefit plan with a certain dependent to elect to have the dependent covered under a certain State prescription drug benefit plan; requiring the Secretary of Budget and Management to provide a certain notice to certain retirees of certain changes not later than July 1, 2019; etc.
Sponsored by: Rep. Adrienne Jones
Unfavorable Report By Appropriations; Withdrawn on 04/09/2018
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Maryland 2018 Regular Session
Correctional Officers' Retirement System - Membership [HB-414]
Altering the membership of the Correctional Officers' Retirement System to include certain individuals serving in certain positions in the Department of Juvenile Services; providing that certain members of the Correctional Officers' Retirement System who meet certain criteria may receive a normal service retirement allowance that is based on certain creditable service; etc.
Sponsored by: Rep. David Vogt
Hearing 2/13 At 1:00 P.m. on 02/13/2018
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Maryland 2018 Regular Session
Correctional Officers' Retirement System - Membership [HB-36]
Including certain individuals employed by the Department of Juvenile Services and the Department of Public Safety and Correctional Services in the membership of the Correctional Officers' Retirement System; requiring the State Retirement Agency by January 1, 2019, to notify the individuals who are affected by the Act of their rights to transfer certain service credit to a certain retirement system; requiring a certain transfer and combination of certain service credit for certain individuals; etc.
Sponsored by: Sen. Michael Jackson
Approved By The Governor - Chapter 580 on 05/15/2018
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Maryland 2018 Regular Session
Income Tax Subtraction Modification - Correctional Officers (Hometown Heroes Act of 2018) [HB-354]
Including certain individuals employed by the Department of Juvenile Services in the membership of the Correctional Officers' Retirement System; providing a subtraction modification under the Maryland income tax under certain circumstances for a certain amount of retirement income attributable to an individual's employment as a correctional officer; applying certain provisions of the Act to all taxable years beginning after December 31, 2017; etc.
Sponsored by: Rep. Tony McConkey
Hearing 2/21 At 1:00 P.m. on 02/21/2018
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Maryland 2018 Regular Session
Judges' Retirement System - Mandatory Retirement Age - Clarification of Eligibility for Allowance [HB-164]
Clarifying the eligibility for a retirement allowance for certain members of the Judges' Retirement System who reach the mandatory retirement age required by Article IV, § 3 of the Maryland Constitution and have less than 5 years of eligibility service.
Sponsored by: Rep. Ben Barnes
Approved By The Governor - Chapter 248 on 04/24/2018