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MarylandSB 08622025 Regular SessionSenate

State Retirement and Pension System - Administrative Fees - Repeal

Sponsored By: M. Jackson

Signed by Governor

State Government - Pensions and RetirementAdministrative AgenciesCommittees 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 EmployeesWork, Labor, and Employment -see also- JobTrn; Leave; etc.

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Bill Overview

Analyzed Economic Effects

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

Maryland pension fees shift into employer contributions

Effective June 1, 2025, Maryland replaces separate employer pension administration fees with a phased funding plan. Local employers must still pay their certified fiscal year 2025 amounts by June 1, 2025. In fiscal year 2026, each retirement system’s accumulation fund pays its share of administrative and operating costs. Starting in fiscal year 2027, employer contribution rates include those costs. Investment Division expenses are excluded from this funding change.

Sponsors & Cosponsors

Sponsor

  • M. Jackson

    Affiliation unavailable

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

All Roll Calls

Yes: 184 • No: 0

House vote • 4/7/2025

Third Reading Passed

Yes: 137 • No: 0 • Other: 3

Senate vote • 3/12/2025

Third Reading Passed

Yes: 47 • No: 0

Actions Timeline

  1. Approved by the Governor - Chapter 765

    5/20/2025

  2. Returned Passed

    4/7/2025Senate

  3. Third Reading Passed (137-0)

    4/7/2025House

  4. Favorable Adopted Second Reading Passed

    4/4/2025House

  5. Favorable Report by Appropriations

    4/4/2025House

  6. Hearing 3/25 at 1:00 p.m.

    3/19/2025House

  7. Referred Appropriations

    3/13/2025House

  8. Third Reading Passed (47-0)

    3/12/2025Senate

  9. Second Reading Passed with Amendments

    3/11/2025Senate

  10. Favorable with Amendments {363727/1 Adopted

    3/11/2025Senate

  11. Favorable with Amendments Report by Budget and Taxation

    3/10/2025Senate

  12. Hearing 2/13 at 9:00 a.m.

    2/7/2025Senate

  13. Hearing canceled

    2/7/2025Senate

  14. Hearing 2/27 at 9:00 a.m.

    2/5/2025Senate

  15. Hearing canceled

    2/5/2025Senate

  16. Hearing 2/13 at 9:00 a.m.

    2/4/2025Senate

  17. First Reading Budget and Taxation

    2/3/2025Senate

Bill Text

  • Enacted

    5/20/2025

    PDF

  • Third Reading

    3/11/2025

    PDF

  • First Reading

    2/3/2025

    PDF

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