MD SB862 | 2025 | Regular Session

Status

Spectrum: Bipartisan Bill
Status: Introduced on February 3 2025 - 25% progression
Action: 2025-02-07 - Hearing 2/13 at 9:00 a.m.
Pending: Senate Budget and Taxation Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Requiring the Board of Trustees for the State Retirement and Pension System to certify certain employer contribution rates each fiscal year; requiring the employer contribution rates to include recognition of certain administrative and operational expenses; repealing a requirement that certain administrative and operational expenses of the State Retirement and Pension System and the State Retirement Agency be funded by charging each participating employer an administrative fee for each system participant; etc.

Tracking Information

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Title

State Retirement and Pension System - Administrative Fees - Repeal

Sponsors


History

DateChamberAction
2025-02-07SenateHearing 2/13 at 9:00 a.m.
2025-02-07SenateHearing canceled
2025-02-05SenateHearing 2/27 at 9:00 a.m.
2025-02-05SenateHearing canceled
2025-02-04SenateHearing 2/13 at 9:00 a.m.
2025-02-03SenateFirst Reading Budget and Taxation

Same As/Similar To

HB1072 (Crossfiled) 2025-02-05 - First Reading Appropriations

Subjects


Code Citations

ChapterArticleSectionCitation TypeStatute Text
State Personnel and Pensions21125(n/a)See Bill Text
State Personnel and Pensions21301(n/a)See Bill Text
State Personnel and Pensions21302(n/a)See Bill Text
State Personnel and Pensions21303(n/a)See Bill Text
State Personnel and Pensions21315(n/a)See Bill Text
State Personnel and Pensions21316(n/a)See Bill Text

Maryland State Sources


Bill Comments

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