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Legislation


2012 Regular Session

HOUSE BILL 1208

File Code: State Pensions and Retirement
Sponsored By:
Delegate Jones
Entitled:
Baltimore County - Transfers from Noncontributory System to Employees' Retirement System - Contributions and Interest

Synopsis:

Requiring that in Baltimore County if an individual transfers from a noncontributory system to the Employees' Retirement System, on retirement the individual's retirement allowance must be reduced by the actuarial equivalent of specified accumulated contributions rather than the actuarial equivalent of specified member contributions; requiring interest on the contributions to be determined by a specified board in consultation with a specified actuary rather than using regular interest; etc.

History by Legislative and Calendar Date

Legislative date is used to record history occurring in the Chambers otherwise Calendar date is used. For explanation of terms click here.
House Action
2/10
First Reading Appropriations
2/15
Hearing 2/28 at 1:30 p.m.
Senate Action
No Action

Bill indexed under the following Subjects:

Baltimore County
Interest
Public Employees -see also- State Employees
Retirement Systems -see also- Mandatory Retirement

Bill affects the following Statute:

State Personnel and Pensions
( 37-203 )

Documents

All documents except Roll Call Votes are displayed in PDF format:
Bill Text: First Reading, Third Reading, Enrolled
Fiscal and Policy Note: Available
Amendments: None offered
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