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MarylandHB 10722025 Regular SessionHouse

State Retirement and Pension System - Administrative Fees - Repeal

Sponsored By: Catherine M. Forbes (Democratic)

Signed by Governor

State Government - Pensions and RetirementAdministrative AgenciesCertificationsCommittees and CommissionsFees -see also- Attys' Fees; Devt Fees & TaxesRetirement -see also- Mandatory RetirementRevenue and Taxes -see also- (specific tax)Salaries and Compensation -see also- Overtime; Reimb. RatesState Employees

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Bill Overview

Analyzed Economic Effects

1 provisions identified: 0 benefits, 0 costs, 1 mixed.

Maryland pension employers switch fee payment methods

Effective June 1, 2025, the law ends separate employer fees for Maryland State Retirement and Pension System administrative costs. Local employers still had to pay their certified fiscal year 2025 fees by June 1, 2025, despite the repeal. In fiscal year 2026, each system’s accumulation fund pays its share of administrative and operating costs. Starting in fiscal year 2027, these costs become part of employers’ annually certified pension contribution rates. Investment Division administrative and operating costs are excluded from that contribution-rate amount.

Sponsors & Cosponsors

Sponsor

  • Catherine M. Forbes

    Democratic • House

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

All Roll Calls

Yes: 183 • No: 0

Senate vote • 4/2/2025

Third Reading Passed

Yes: 46 • No: 0 • Other: 1

House vote • 3/17/2025

Third Reading Passed

Yes: 137 • No: 0 • Other: 1

Actions Timeline

  1. Approved by the Governor - Chapter 764

    5/20/2025

  2. Returned Passed

    4/2/2025House

  3. Third Reading Passed (46-0)

    4/2/2025Senate

  4. Favorable Adopted Second Reading Passed

    3/27/2025Senate

  5. Favorable Report by Budget and Taxation

    3/27/2025Senate

  6. Referred Budget and Taxation

    3/17/2025Senate

  7. Third Reading Passed (137-0)

    3/17/2025House

  8. Second Reading Passed with Amendments

    3/14/2025House

  9. Favorable with Amendments {593326/1 Adopted

    3/14/2025House

  10. Favorable with Amendments Report by Appropriations

    3/14/2025House

  11. Hearing 3/11 at 1:00 p.m.

    2/21/2025House

  12. First Reading Appropriations

    2/5/2025House

Bill Text

  • Enacted

    5/20/2025

    PDF

  • Third Reading

    3/14/2025

    PDF

  • First Reading

    2/5/2025

    PDF

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