HB 1072 Maryland House of Delegates · 2025 Regular Session

State Retirement and Pension System - Administrative Fees - Repeal

HB 1072 repeals a requirement that state employers pay an administrative fee per retirement system participant. Instead, it directs the Board of Trustees to fund the State Retirement Agency's operating expenses using the main retirement accumulation fund, rather than charging employers directly. This changes how the system covers administrative costs without altering employer contribution rates. The bill updates Maryland's pension law to reflect this funding shift, affecting how state retirement system expenses are covered.

Bill status signed all 5 stages cleared

Introduction

Feb 2025

Committee Review

Mar 2025

House of Delegates Passage

Apr 2025

Senate Passage

Apr 2025

Signed into Law

May 2025

Introduced Feb 5, 2025 Signed May 20, 2025

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What changed between versions

First - State Retirement and Pension System - Administrative Fees - Repeal → Third - State Retirement and Pension System - Administrative Fees - Repeal · 5 edits

MODERATE

This bill amends Maryland's State Retirement and Pension System laws to clarify administrative fee requirements and modify how certain employer payments are handled. The changes primarily add procedural clarifications about when certified payments must be made and update accounting terminology, while maintaining the core structure of the retirement system.

Scope change

No change to the bill's overall scope or applicability; the amendments focus on clarifying existing requirements rather than expanding or restricting the system's coverage.

REQUIREMENT

Added clarification that certain payments certified by the Board of Trustees for local employers must be paid in the fiscal year they are certified.

TECHNICAL

Changed 'operational' to 'operating' in several instances for consistency with standard accounting terminology.

Updated 'actuarial method' to 'generally accepted actuarial method' in the valuation section.

Removed the requirement to fund administrative fees through employer charges, shifting to accumulation fund funding instead.

Added committee report and house action status indicating the bill was adopted with amendments.

Floor votes · House of Delegates Mar 7, 2025

How they voted

This bill passed the Senate by voice vote (no roll call recorded).

Full legislative history

Actions timeline

Total actions

Key actions

Committee

May 20, 2025

Signed into law

Approved by the Governor - Chapter 764

executive

Apr 2, 2025

Lower · Passed

Returned Passed

lower

Apr 2, 2025

Upper · Passed

Third Reading Passed

upper

Mar 27, 2025

Upper · Passed

Favorable Adopted Second Reading Passed

upper

Mar 27, 2025

Upper · Passed

Favorable Report by Budget and Taxation

upper

Mar 17, 2025

Committee

Referred Budget and Taxation

upper

Mar 17, 2025

Lower · Passed

Third Reading Passed

lower

Mar 14, 2025

Lower · Passed

Favorable with Amendments {

lower

Mar 14, 2025

Lower · Passed

Favorable with Amendments Report by Appropriations

lower

Mar 7, 2025

House Of Delegates · Passed

House of Delegates Vote: pass (135-0-4)

house of delegates

Feb 5, 2025

Committee

First Reading Appropriations

lower

1 primary · 0 co-sponsors