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2016 Regular Session



Teachers' Retirement and Pension System - Employer Contribution for Local Employees

Sponsored by:

Senator Peters


In the Senate - Hearing 2/25 at 8:30 a.m.

Synopsis: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.
Analysis:Fiscal and Policy Note
All Sponsors:Senators Peters, Astle, Benson, Currie, DeGrange, Eckardt, Edwards, Feldman, Ferguson, Guzzone, Kagan, King, Klausmeier, Lee, Madaleno, Manno, Mathias, McFadden, Muse, Pinsky, Ramirez, Raskin, Rosapepe, Serafini, and Young
Additional Facts:Cross-filed with: HB0934
Bill File Type: Regular
Effective Date(s): July 1, 2016
Bill imposes a mandated appropriation in the annual State Budget Bill
Contingency - on funding
Budget and Taxation  View Committee Hearing
Broad Subject(s):State Pensions and Retirement
Narrow Subject(s):Appropriations
Counties -see also- Chartered Counties; Code Counties
Education, Boards of
Municipal Corporations -see also- Annap; Balt; Hager; OC
Retirement Systems -see also- Mandatory Retirement
Statutes:Article - State Personnel and Pensions

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Explanation of Floor Motions and Actions

February 26, 2016 9:03 A.M.