Bill > HB1339

This bill provides special pension system membership provisions for employees of the Town of Forest Heights, allowing certain employees to optionally join the Employees' Pension System (EPS) with specific conditions. Specifically, employees of Forest Heights who elect to join the EPS and are employed by the town on the effective date will receive service credit equal to 50% of their employment period before the effective date, as certified by the town. The bill makes membership in the EPS optional for these employees, requiring them to make a one-time, irrevocable election to join prior to the effective date of participation. If an employee does not make this election within the specified timeframe, they cannot later elect to join the EPS in their current position. Importantly, any employee or former employee of Forest Heights who becomes an EPS member after the effective date will not be eligible to receive service credit for employment with the town before that date. The bill will take effect on June 1, 2025, providing a clear timeline for implementation of these pension system membership rules.

Budget and Finance

https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/HB1339?ys=2025RS