MD HB748 | 2022 | Regular Session

Note: Carry Foward to future HB929
Note: Carry Over of previous HB659

Status

Spectrum: Partisan Bill (Republican 20-1)
Status: Introduced on February 3 2022 - 25% progression, died in committee
Action: 2022-02-03 - Hearing 2/17 at 3:00 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, 2022, 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.

Tracking Information

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Title

Law Enforcement Officers' Pension System - Benefits

Sponsors


History

DateChamberAction
2022-02-03HouseHearing 2/17 at 3:00 p.m.
2022-02-03HouseFirst Reading Appropriations

Same As/Similar To

HB748 (Carry Over) 2022-02-03 - Hearing 2/17 at 3:00 p.m.
HB659 (Carry Over) 2020-01-31 - Hearing 2/18 at 1:00 p.m.
SB115 (Crossfiled) 2022-03-29 - Referred Rules and Executive Nominations

Subjects


Code Citations

ChapterArticleSectionCitation TypeStatute Text
State Personnel and Pensions26401(n/a)See Bill Text

Maryland State Sources


Bill Comments

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