Legislation
- Title
- State Employees' Retirement Savings Plan
- Sponsored by
- Senator Serafini
- Status
- In the Senate - Hearing 2/25 at 8:30 a.m.
- Analysis
- Fiscal and Policy Note
Synopsis
                                Establishing the State Employees' Retirement Savings Plan; authorizing specified individuals who are employed by specified participating employers on or after July 1, 2016, to become members of the State Employees' Retirement Savings Plan; requiring the State Board of Trustees of the Maryland Teachers and State Employees Supplemental Retirement Plans to administer the State Employees' Retirement Savings Plan; requiring the Governor to include in the annual budget bill a specified amount for the Plan; etc.
                            Committees
                                
                            Details
                                
Bill File Type: Regular                                                
                                            
Effective Date(s): July 1, 2016                                                
                                            
Bill imposes a mandated appropriation in the annual State Budget Bill                                                
                                            History
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                            Documents
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                                | Date Posted | Document Name | 
|---|---|
| 2/05/2016 | Text - First - State Employees' Retirement Savings Plan | 
File Code
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                            Subjects
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                            Statutes
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                                        (  
21-505, 23-201, 2-509.2, 33-101 through 33-209, 35-201, 35-204, 35-205, 35-301, 35-302                                        )
                                    
                                Last Updated: 2/3/2020 2:30 PM
                         
                

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