Bill > SB612

This bill addresses the treatment of deferred vested former members who return to service in specific state retirement and pension systems, including the Employees' Pension System, State Police Retirement System, Correctional Officers' Retirement System, and Law Enforcement Officers' Pension System. The legislation establishes provisions for individuals who were members of these systems on or before June 30, 2011, and who subsequently return to work under certain conditions. These conditions include being separated from employment for 4 years or less, returning from military service within specific guidelines, or leaving with minimum eligibility for a vested allowance. When such individuals resume employment in a position within the same retirement system, they will be subject to the same requirements as members who were continuously employed in the system as of July 1, 2011. Importantly, to be eligible, the returning member must not have withdrawn their accumulated contributions and must not have become a retiree. The bill is designed to standardize the treatment of members who temporarily leave their public service positions and then return, ensuring consistent pension benefits and obligations. The legislation is set to take effect on July 1, 2025, providing ample time for implementation and notification of affected employees.

Budget and Finance

Pensions

https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/SB0612?ys=2025RS