MD SB329 | 2025 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 15 2025 - 25% progression
Action: 2025-01-15 - Hearing 1/30 at 9:00 a.m.
Pending: Senate Budget and Taxation Committee
Hearing: Jan 30 @ 9:00 am Senate Budget and Taxation Hearing
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on January 15 2025 - 25% progression
Action: 2025-01-15 - Hearing 1/30 at 9:00 a.m.
Pending: Senate Budget and Taxation Committee
Hearing: Jan 30 @ 9:00 am Senate Budget and Taxation Hearing
Text: Latest bill text (Introduced) [PDF]
Summary
Altering the benefit multiplier from 2.0% to 2.5% for service earned on or after July 1, 2025, by members of the Law Enforcement Officers' Pension System; altering the maximum benefit that certain retirees of the Law Enforcement Officers' Pension System may receive, from 65% to 70% of the member's average final compensation; clarifying the eligibility requirement of certain Law Enforcement Officers' Pension System members in the Deferred Retirement Option Program; etc.
Title
Law Enforcement Officers' Pension System - Benefits
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2025-01-15 | Senate | Hearing 1/30 at 9:00 a.m. |
| 2025-01-15 | Senate | First Reading Budget and Taxation |
Subjects
Law Enforcement
Retirement
State Employees
State Government - Pensions and Retirement
Work, Labor, and Employment
Retirement
State Employees
State Government - Pensions and Retirement
Work, Labor, and Employment
Code Citations
| Chapter | Article | Section | Citation Type | Statute Text |
|---|---|---|---|---|
| State Personnel and Pensions | 26 | 204 | (n/a) | See Bill Text |
| State Personnel and Pensions | 26 | 401 | (n/a) | See Bill Text |
| State Personnel and Pensions | 26 | 401.1 | (n/a) | See Bill Text |
Maryland State Sources
| Type | Source |
|---|---|
| Summary | https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/SB0329?ys=2025RS |
| Text | https://mgaleg.maryland.gov/2025RS/bills/sb/sb0329f.pdf |
