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MD SB864

Bill

Status

Introduced

2/3/2025

Primary Sponsor

Anthony Muse

Click for details

Origin

Senate

2025 Regular Session

AI Summary

  • Authorizes employees of the Town of Forest Heights to participate in Maryland's Employees' Pension System, with membership being optional for employees employed before the effective date of participation

  • Requires current employees who wish to join to make a one-time, irrevocable election prior to the effective date by filing a written application with the Board of Trustees

  • Grants employees who elect membership and are employed on the effective date service credit equal to 50% of their prior employment period with the Town of Forest Heights

  • Prohibits employees or former employees who join the Employees' Pension System after the effective date from receiving any service credit for prior employment with the Town

  • Takes effect June 1, 2025

Legislative Description

Employees' Pension System - Town of Forest Heights Employees - Membership

Public Employees

Last Action

Hearing canceled

2/25/2025

Committee Referrals

Budget and Taxation2/3/2025

Full Bill Text

No bill text available