MD HB659 | 2020 | Regular Session
Note: Carry Foward to future SB115
Note: Carry Foward to future HB748
Note: Carry Foward to future HB748
Status
Sponsorship: Partisan Bill (Democrat 1)
Status: Introduced on January 29 2020 - 25% progression, died in committee
Action: 2020-01-31 - Hearing 2/18 at 1:00 p.m.
Pending: House Appropriations Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on January 29 2020 - 25% progression, died in committee
Action: 2020-01-31 - Hearing 2/18 at 1:00 p.m.
Pending: House Appropriations Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Altering the accrual rate from 2.0% to 2.5% for service earned on or after July 1, 2020, for calculating the retirement allowance for certain retirees of the Law Enforcement Officers' Pension System; and altering the maximum benefit that certain retirees of the Law Enforcement Officers' Pension System may receive, from 65% to 70% of the member's average final compensation.
Title
Law Enforcement Officers' Pension System - Benefits
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2020-01-31 | House | Hearing 2/18 at 1:00 p.m. |
| 2020-01-29 | House | First Reading Appropriations |
Same As/Similar To
HB659 (Carry Over) 2020-01-31 - Hearing 2/18 at 1:00 p.m.
HB659 (Carry Over) 2020-01-31 - Hearing 2/18 at 1:00 p.m.
HB659 (Carry Over) 2020-01-31 - Hearing 2/18 at 1:00 p.m.
Subjects
Code Citations
| Chapter | Article | Section | Citation Type | Statute Text |
|---|---|---|---|---|
| State Personnel and Pensions | 26 | 401 | (n/a) | See Bill Text |
Maryland State Sources
| Type | Source |
|---|---|
| Summary | https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/HB0659?ys=2020RS |
| Text | https://mgaleg.maryland.gov/2020RS/bills/hb/hb0659f.pdf |
