SENATE BILL 481

Sponsored By:

Senator Jones-Rodwell (Chair, Joint Committee on Pensions)

Entitled:

Pensions - Designation of Beneficiary - Powers of Attorney

Synopsis:

Providing that the State Retirement Agency, Board of Trustees, and several pension systems are not subject to � 17-104 of the Estates and Trusts Article; prohibiting the State Retirement Agency from accepting forms designating a beneficiary executed under a power of attorney unless the power of attorney contains specified provisions; etc.

History by Legislative and Calendar Date

Senate Action

2/4

First Reading Budget and Taxation

2/16

Hearing 2/24 at 8:00 a.m.

3/16

Unfavorable Report by Budget and Taxation Withdrawn

House Action

No Action

Sponsored by:

Senator Verna L. Jones-Rodwell, District 44

Pensions, Joint Committee on

Bill indexed under the following Subjects:

Administrative Agencies -see also- Electronic Government

Agents and Brokers

Forms

Gifts

Public Employees -see also- State Employees

Retirement Systems -see also- Mandatory Retirement

State Employees

Bill affects the following Statutes:

State Personnel and Pensions

( 20-101 , 20-101 , 20-210 )

Documents

Bill Text: First Reading, Third Reading, Enrolled

Fiscal and Policy Note: Available

Amendments: None offered