Maryland Teachers and State Employees Supplemental Retirement Plans - Automatic Enrollment
What this bill does
Requiring the State Board of Trustees of the Maryland Teachers and State Employees Supplemental Retirement Plans to implement an automatic enrollment arrangement for State employees who are hired on or after January 1, 2024; and requiring an eligible employer to deduct wages of an employee for contribution to a supplemental retirement plan in accordance with an automatic enrollment, unless the employee has elected to withdraw from or cease to contribute to the supplemental retirement plan.
Analysis reads the bill text, the fiscal note, and the witness list. It is generated by Claude and reviewed by nobody, so check the source documents before you rely on it.
Testimony (12)
MGA witness list| Position | Witness | Organization | Testimony |
|---|---|---|---|
| FAV | Dews, Christopherlobbyist | Cornerstone Government Affairs | Position only |
| FAV | Bell, Ronda | Maryland Teachers & State Employees Supplemental Retirement Plans | Oral + Written (PDF) |
| FAV | Roberts, Debra | Maryland Teachers and State Employees Supp. Retirement Plans - testify | Oral |
| FAV | Delegate Bridges, Delegate Bridgeslegislator | Individual | Oral |
| FAV | Williams, Asia | Individual | Written (PDF) |
| UNF | Glassey, Nathan | American Retirement Association | Oral + Written (PDF) |
| UNF | Whaley, Toni | Paladin Advisor Group / PlanMember Financial Center | Oral + Written (PDF) |
| UNF | Lee, Mickey | Individual | Position only |
| UNF | Meyerovich, Mark | Individual | Position only |
| UNF | Sirkel, Robin | Individual | Position only |
| FWA | Gilmore , Deniselobbyist | AFSCME Maryland | Oral + Written (PDF) |
| FWA | Clark, Andy | Individual | Written (PDF) |