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