Maryland · HB1033

State Retirement and Pension System - Reemployment Earnings Limitations - Maximum Average Final Compensation

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This is now an official law, recorded in the state's law books.

Stage 6 of 6Signature

2
Sponsors: 2
Votes: May 20 ’25
Last action

The governor signed it. Nothing left to watch.

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AI summary

Written by AI from the bill text. Check the official text before relying on it.

Description

Clarifying that the maximum average final compensation that certain retirees of the State Retirement and Pension System is to be based on the minimum annual salary on the standard State pay scale as of January 1 of the preceding calendar year in order to be exempt from a certain reemployment earnings limitation; and adding an average final compensation reemployment exemption for the temporary suspension of a retirement allowance for disability retirees.

Subjects

State Government - Pensions and RetirementRetirement -see also- Mandatory RetirementWork, Labor, and Employment -see also- JobTrn; Leave; etc.State EmployeesSalaries and Compensation -see also- Overtime; Reimb. Rates

Progress

IntroducedFeb 3, 2025
Sent to committeeFeb 21, 2025
Passed the first chamberMar 14, 2025
PassedMar 17, 2025
Became lawMay 20, 2025

From official state and federal legislative records. Informational only, not legal advice.