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2017 Regular Session



State Retirement and Pension System - Guaranteed Retirement Income Plan and Retirement Savings Plan

Sponsored by:

Delegate Krebs


In the House - Unfavorable Report by Appropriations

Synopsis:Altering specified local employer contributions for members of the Teachers' Pension System; establishing a guaranteed retirement income plan and a retirement savings plan under the State Retirement and Pension System; providing that specified employees are participating employees of the guaranteed retirement income plan under specified circumstances; etc.
Analysis:Fiscal and Policy Note
All Sponsors:Delegates Krebs, Afzali, Aumann, Ghrist, Kittleman, McComas, Morgan, Saab, Szeliga, Vogt, and West
Additional Facts:Cross-filed with: SB0478
Bill File Type: Regular
Effective Date(s): June 1, 2018
Bill imposes a mandated appropriation in the annual State Budget Bill
Bill imposes a local government mandate which is a directive in a bill requiring a local government unit to perform a task or assume a responsibility that has a discernible fiscal impact on the local government unit
Appropriations  View Committee Hearing
Broad Subject(s):State Pensions and Retirement
Narrow Subject(s):Administrative Agencies -see also- Electronic Government
Beneficiaries -see also- Estates and Trusts
Committees and Commissions -see also- Political Committees
Death -see also- Advance Medical Directives; Wrongful Death
Disabilities -see also- Blind; Deaf; Developmental
Investments -see also- Securities
Local Government Mandates
Public Employees -see also- State Employees
Public Information
Retirement Systems -see also- Mandatory Retirement
Salaries and Compensation -see also- Overtime; Reimb. Rates
State Employees
Work, Labor and Employment -see also- Col Barg; Holiday; etc
Statutes:Article - State Personnel and Pensions
(20-101, 23-203, 23-204, 23-208, 30-302, 33-101 through 33-403, 33A-101 through 33A-505)

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November 28, 2017 1:04 P.M.