MD SB879 | 2012 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on February 3 2012 - 25% progression, died in committee
Action: 2012-02-21 - Hearing 2/24 at 8:30 a.m.
Pending: Senate Budget and Taxation Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on February 3 2012 - 25% progression, died in committee
Action: 2012-02-21 - Hearing 2/24 at 8:30 a.m.
Pending: Senate Budget and Taxation Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Clarifying that each type of cost-of-living adjustment for the State Retirement and Pension System does not apply to benefits paid in a single payment, the return of accumulated contributions, or benefits attributable to additional contributions; clarifying that the cost-of- living adjustment is applied as a rate and not a fraction; clarifying that a zero-adjustment fiscal year cost-of-living adjustment does not apply to a retiree's first cost-of-living adjustment; etc.
Title
State Retirement and Pension Systems - Cost-of-Living Adjustments -
Sponsors
History
Date | Chamber | Action |
---|---|---|
2012-02-21 | Hearing 2/24 at 8:30 a.m. | |
2012-02-21 | Hearing cancelled | |
2012-02-08 | Hearing 2/23 at 8:30 a.m. | |
2012-02-03 | First Reading Budget and Taxation |
Subjects
Maryland State Sources
Type | Source |
---|---|
Summary | https://mgaleg.maryland.gov/mgawebsite/Search/Legislation?target=/2012rs/billfile/SB0879.htm |
Text | http://mlis.state.md.us/2012rs/bills/sb/sb0879f.pdf |