SENATE BILL 309

File Code: State Pensions and Retirement Crossfiled with: HOUSE BILL 440

Sponsored By:

Senators Van Hollen, Currie, Hogan, Lawlah, McFadden, Middleton, Neall, and Ruben

Entitled:

Optional Retirement Program - Community Colleges - Employer and Employee Contributions

Synopsis:

Increasing the rate of employer contributions to 9.25% for participants in the Optional Retirement Program who are employees of community colleges, regional community colleges, or the Baltimore City Community College; and requiring those participants to make mandatory contributions of 2% to the Program.

History by Legislative Date

Senate Action

1/29

First Reading Budget and Taxation

2/7

Hearing 2/22 at 8:00 a.m.

House Action

No Action

Sponsored by:

Senator Christopher Van Hollen, Jr., District 18

Senator Ulysses Currie, District 25

Senator Patrick J. Hogan, District 39

Senator Gloria Lawlah, District 26

Senator Nathaniel J. McFadden, District 45

Senator Thomas M. Middleton, District 28

Senator Robert R. Neall, District 33

Senator Ida G. Ruben, District 20

Bill indexed under the following Subjects:

COMMUNITY COLLEGES

PUBLIC EMPLOYEES -see also- STATE EMPLOYEES

RETIREMENT SYSTEMS -see also- MANDATORY RETIREMENT

STATE EMPLOYEES

Bill affects the following Statute:

State Personnel and Pensions

( 30-205 )

Documents:

Bill Text: First Reading (PDF), Third Reading, Enrolled

Fiscal Note: Available (PDF)

Amendments: None offered