Legislation
- Title
- Employees’ and Teachers’ Retirement and Pension Systems – Reemployment – Clarification
- Sponsored by
- Senator Peters
- Status
- Enacted under Article II, Section 17(c) of the Maryland Constitution - Chapter 561
- Analysis
- Fiscal and Policy Note (Revised)
Synopsis
Clarifying that a reemployed retiree of the Employees' and Teachers' Retirement System or the Employees' and Teachers' Pension System is subject to a certain reduction in their retirement allowance if the retiree's compensation is derived from certain State funds; requiring the funding for a reemployed retiree's position to be funded from a non-State source that specifically requires the use of the grant funds to pay the full amount of the compensation of the position to qualify for a certain exemption; etc.
Committees
- Opposite:
- Appropriations
Committee Testimony
Details
Bill File Type: Regular
Effective Date(s): July 1, 2020
History
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File Code
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Subjects
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Statutes
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(
22-406, 23-407 )
Last Updated: 9/22/2020 3:07 PM