MD HB296 | 2023 | Regular Session

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 25 2023 - 25% progression, died in committee
Action: 2023-01-31 - Hearing 2/14 at 1:00 p.m.
Pending: House Appropriations Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Requiring the State Board of Trustees of the Maryland Teachers and State Employees Supplemental Retirement Plans to implement an automatic enrollment arrangement for State employees who are hired on or after January 1, 2024; and requiring an eligible employer to deduct wages of an employee for contribution to a supplemental retirement plan in accordance with an automatic enrollment, unless the employee has elected to withdraw from or cease to contribute to the supplemental retirement plan.

Tracking Information

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Title

Maryland Teachers and State Employees Supplemental Retirement Plans - Automatic Enrollment

Sponsors


History

DateChamberAction
2023-01-31HouseHearing 2/14 at 1:00 p.m.
2023-01-25HouseFirst Reading Appropriations

Same As/Similar To

SB6 (Crossfiled) 2023-04-04 - Hearing 4/04 at 1:30 p.m.

Subjects


Code Citations

ChapterArticleSectionCitation TypeStatute Text
State Personnel and Pensions35101(n/a)See Bill Text
State Personnel and Pensions35206(n/a)See Bill Text

Maryland State Sources


Bill Comments

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