Two bills have been filed in the Maryland General Assembly dealing with pensions.
- SB 959 – Senator Miller has filed the same bill as last year. This bill would push a portion of the teacher pensions back on the counties.
- HB 1374 – This bill would allow state employees to voluntarily leave the state pension system for a joint contribution system modeled after private industry.
Both bills are unlikely to make progress this year because it is an election year. The counties and the school systems, as well as libraries, are monitoring these bills closely.
For more details, including the text of the bills, search for the bill number on the Maryland General Assembly’s web site.