State Pensions And Retirement

State (Maryland)
Maryland 2016 Regular Session

Participating Governmental Units - Amortization Schedule [SB-821]
Altering the calculation of the accrued liability contributions required to be paid by a participating governmental unit on account of members of the Employees' Retirement System and Employees' Pension System who are employees of a participating governmental unit; and clarifying the application of a specified amortization period to specified legislative changes.

  

Sponsored by: Sen. Douglas Peters Approved By The Governor - Chapter 233 on 04/26/2016

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State (Maryland)
Maryland 2016 Regular Session

State Retirement and Pension System - Disability Retirement - Alterations [SB-820]
Altering the process, benefits, and terminology for disability retirement in the State Retirement and Pension System; altering the calculation for a non-line-of-duty disability retirement allowance for specified members who file an application for a disability retirement on or after July 1, 2016; authorizing the Executive Director of the State Retirement Agency to require retirees receiving a disability retirement allowance to undergo a medical examination under specified circumstances; etc.

  

Sponsored by: Sen. Douglas Peters Hearing 3/10 At 8:00 A.m. on 03/10/2016

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State (Maryland)
Maryland 2016 Regular Session

Teachers' Retirement and Pension System - Employer Contribution for Local Employees [SB-674]
Altering, beginning in fiscal year 2018, the amounts county boards of education are required to pay for specified employer contributions for specified members of the Teachers' Retirement System and the Teachers' Pension System; and making specified provisions of the Act subject to specified contingencies.

  

Sponsored by: Sen. James Rosapepe Hearing 2/25 At 8:30 A.m. on 02/25/2016

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State (Maryland)
Maryland 2016 Regular Session

State Employees' Retirement Savings Plan [SB-633]
Establishing the State Employees' Retirement Savings Plan; authorizing specified individuals who are employed by specified participating employers on or after July 1, 2016, to become members of the State Employees' Retirement Savings Plan; requiring the State Board of Trustees of the Maryland Teachers and State Employees Supplemental Retirement Plans to administer the State Employees' Retirement Savings Plan; requiring the Governor to include in the annual budget bill a specified amount for the Plan; etc.

  

Sponsored by: Sen. Andrew Serafini Hearing 2/25 At 8:30 A.m. on 02/25/2016

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State (Maryland)
Maryland 2016 Regular Session

Higher Education - Employee Rights - Equal Employment Opportunity Program and Maryland Whistleblower Law [SB-618]
Making specified provisions of law that relate to the Equal Employment Opportunity Program and Maryland Whistleblower Law applicable to the University System of Maryland, Morgan State University, St. Mary's College of Maryland, and Baltimore City Community College; requiring specified boards of specified public institutions of higher education to adopt specified regulations; requiring that specified personnel actions be made in a specified manner; providing for specified options for specified complaint or grievance procedures; etc.

  

Sponsored by: Sen. John Astle Hearing 3/03 At 1:00 P.m. on 03/03/2016

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State (Maryland)
Maryland 2016 Regular Session

Employees' Pension System - Redeposit of Contributions [SB-608]
Authorizing individuals who meet specified criteria to redeposit specified withdrawn accumulated contributions with the State Retirement and Pension System; requiring individuals who redeposit accumulated contributions to be enrolled in a specified benefit in the Employees' Pension System and receive specified credit for prior service; and requiring specified individuals to complete a specified form provided by the State Retirement and Pension System when redepositing accumulated contributions; etc.

  

Sponsored by: Sen. Guy Guzzone Approved By The Governor - Chapter 225 on 04/26/2016

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State (Maryland)
Maryland 2016 Regular Session

State Retirement and Pension System - Forfeiture of Benefits [SB-542]
Establishing that specified public employees who are specified State officers may be subject to forfeiture of benefits from the State Retirement and Pension System; prohibiting the payment of benefits to a public employee who is found guilty of, pleads guilty to, or enters a plea of nolo contendere to a qualifying crime; prohibiting the forfeiture of benefits if the forfeiture negatively affects or invalidates the tax qualified status of any of several systems within the State Retirement and Pension System; etc.

  

Sponsored by: Sen. Brian Feldman Approved By The Governor - Chapter 220 on 04/26/2016

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State (Maryland)
Maryland 2016 Regular Session

Correctional Officers' Retirement System - Membership - Correctional Case Management Specialist [SB-532]
Altering the membership of the Correctional Officers' Retirement System to include specified correctional case management specialists, supervisors, or managers; 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; requiring the State Retirement Agency, on or before October 1, 2016, to notify specified individuals affected by the Act of their right to transfer specified service credit; etc.

  

Sponsored by: Sen. Nathaniel McFadden Approved By The Governor - Chapter 218 on 04/26/2016

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State (Maryland)
Maryland 2016 Regular Session

State Retirement and Pension System - Reemployment of Ordinary Disability Retirees - Earnings Limitation [SB-477]
Exempting from a specified reemployment earnings limitation specified retirees whose average final compensation was less than $25,000 and who are reemployed while receiving an ordinary disability retirement allowance from the State Retirement and Pension System.

  

Sponsored by: Sen. Douglas Peters Approved By The Governor - Chapter 212 on 04/26/2016

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State (Maryland)
Maryland 2016 Regular Session

Correctional Officers' Retirement System - Clifton T. Perkins Maximum Security Guards - Allowances [SB-473]
Altering the age at which a normal service retirement allowance begins for a member of the Correctional Officers' Retirement System who is a maximum security attendant at the Clifton T. Perkins Hospital Center; altering the age at which a vested allowance begins for specified members of the Correctional Officers' Retirement System who serve as maximum security attendants at the Clifton T. Perkins Hospital Center; and providing for the prospective application of specified provisions of the Act.

  

Sponsored by: Sen. Douglas Peters Approved By The Governor - Chapter 211 on 04/26/2016

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State (Maryland)
Maryland 2016 Regular Session

Workgroup to Study the Optional Retirement Program [SB-453]
Establishing the Workgroup to Study the Optional Retirement Program; providing for the composition, chair, and staffing of the Workgroup; prohibiting a member of the Workgroup from receiving specified compensation; requiring the Workgroup to study and make recommendations on specified matters and to report its findings to the Governor and the General Assembly on or before December 1, 2016; etc.

  

Sponsored by: Sen. Andrew Serafini Unfavorable Report By Appropriations on 04/11/2016

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State (Maryland)
Maryland 2016 Regular Session

Teachers' Retirement and Pension Systems - Reemployment of Retirees - Clarification [SB-373]
Clarifying the number of retirees of the Teachers' Retirement System or the Teachers' Pension System that are exempt from a specified offset of a retirement allowance if they are reemployed in specified positions in a local school system or the Maryland School for the Deaf.

  

Sponsored by: Sen. Douglas Peters Approved By The Governor - Chapter 196 on 04/26/2016

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State (Maryland)
Maryland 2016 Regular Session

State Retirement and Pension System - Optional Retirement Allowances - Designated Beneficiaries [SB-345]
Repealing as redundant specified provisions relating to members of the Judges' Retirement System designating multiple beneficiaries under a specified optional retirement allowance in the State Retirement and Pension System; clarifying that specified members of the State Retirement and Pension System may designate multiple beneficiaries under specified optional retirement allowances.

  

Sponsored by: Sen. Douglas Peters Approved By The Governor - Chapter 190 on 04/26/2016

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State (Maryland)
Maryland 2016 Regular Session

State Retirement and Pension System - Local Fire and Police System - Commingling of Assets [SB-344]
Repealing obsolete language authorizing the commingling of Local Fire and Police System assets with other State Retirement and Pension System assets; etc.

  

Sponsored by: Sen. Douglas Peters Approved By The Governor - Chapter 189 on 04/26/2016

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State (Maryland)
Maryland 2016 Regular Session

Employees' and Teachers' Pension Systems - Alternate Contributory Pension Selection and Reformed Contributory Pension Benefit [SB-343]
Repealing the June 30, 2016, date by which individuals who were subject to the Alternate Contributory Pension Selection in the Employees' Pension System or Teachers' Pension System before separating from employment must resume employment in order to resume participation in the Alternate Contributory Pension Selection; requiring the Board of Trustees to submit a report by October 1 annually, to the Joint Committee on Pensions providing the number of specified members in specified circumstances; etc.

  

Sponsored by: Sen. Douglas Peters Approved By The Governor - Chapter 188 on 04/26/2016

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State (Maryland)
Maryland 2016 Regular Session

State Retirement and Pension System - Board of Trustees - Designee Appointments and Fiduciary Duties [SB-321]
Authorizing the Secretary of Budget and Management, the State Comptroller, and the State Treasurer to each appoint their respective deputies to serve as designees on the Board of Trustees for the State Retirement and Pension System; and altering a specified defined term to provide for specified fiduciary duties of members of specified committees established by the Board.

  

Sponsored by: Sen. Douglas Peters Approved By The Governor - Chapter 64 on 04/12/2016

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State (Maryland)
Maryland 2016 Regular Session

Correctional Officers' Retirement System - DROP [SB-1031]
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 specified documentation from the Internal Revenue Service; and making the Act subject to a specified contingency.

  

Sponsored by: Sen. Nathaniel McFadden Hearing 3/10 At 8:00 A.m. on 03/10/2016

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State (Maryland)
Maryland 2016 Regular Session

Maryland Small Business Retirement Savings Program and Trust [SB-1007]
Establishing the Maryland Small Business Retirement Savings Program and Trust for private sector employees; establishing the Maryland Small Business Retirement Savings Board to implement, maintain, and administer the Program and the Trust; requiring the Board to take any action to ensure that the Program is not preempted by federal law, to establish procedures and disclosures to protect the interests of participants and employers, and to disseminate to employers and employees information about the Program prior to enrollment; etc.

  

Sponsored by: Sen. Delores Kelley Approved By The Governor - Chapter 323 on 05/10/2016

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State (Maryland)
Maryland 2016 Regular Session

State Retirement and Pension System - Disability Retirement - Alterations [HB-940]
Altering the process, benefits, and terminology for disability retirement in the State Retirement and Pension System; altering the calculation for a non-line-of-duty disability retirement allowance for specified members who file an application for a disability retirement on or after July 1, 2016; authorizing the Executive Director of the State Retirement Agency to require retirees receiving a disability retirement allowance to undergo a medical examination under specified circumstances; etc.

  

Sponsored by: Rep. Ben Barnes Hearing 3/01 At 1:00 P.m. on 03/01/2016

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State (Maryland)
Maryland 2016 Regular Session

Teachers' Retirement and Pension System - Employer Contribution for Local Employees [HB-934]
Altering, beginning in a specified fiscal year 2018, the amounts county boards of education are required to pay for specified employer contributions for specified members of the Teachers' Retirement System and the Teachers' Pension System; and making specified provisions of the Act subject to specified contingencies.

  

Sponsored by: Rep. Tawanna Gaines Unfavorable Report By Appropriations on 04/11/2016

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