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HB 748

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Law Enforcement Officers' Pension System - Benefits

Sponsor: Teresa E. Reilly (District 35A)Committee: AppropriationsSubject: State Government - Pensions and RetirementStatus: Hearing 2/17 at 3:00 p.m. (as of Nov 15, 2022)

What this bill does

Official synopsis

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.

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Testimony (9)

MGA witness list
FAV 6FavorableFWA 1Favorable with amendmentsINFO 2Information only
PositionWitnessOrganizationTestimony
FAVKruszynski, JimFraternal Order of PoliceOral + Written (PDF)
FAVRobichaud, CynthiaHarford County DelegationOral + Written (PDF)
FAVPenman, AaronHarford County Deputy Sheriff's UnionOral + Written (PDF)
FAVGlassman, BarrylobbyistHarford County Government - County ExecutiveWritten (PDF)
FAVBruns, VeronicaState Law Enforcement Officers Labor Alliance (SLEOLA)Oral + Written (PDF)
FAVDelegate Reilly, Delegate ReillylegislatorIndividualOral
FWAKinnally, KevinMaryland Association of Counties (MACo)Oral + Written (PDF)
INFONoven, MartinMaryland State Retirement and Pension SystemPosition only
INFOGawthrop, AnneState Retirement and Pension SystemPosition only

Organizations on record

Registered lobbyists who testified

FAVGlassman, BarryHarford County Government - County ExecutiveRegistered for: AFT Maryland; Aligned Data Centers; Associated Builders & Contractors; Baltimore Industrial Group; Center for Ecosystem Recovery; Earth Funeral Group, Inc.