State Retirement and Pension System – Cost–of–Living Adjustments – Clarification
HB 1138 clarifies how the Consumer Price Index (CPI) is calculated for cost-of-living adjustments (COLAs) for Maryland state retirees. It specifically defines the "October 2025 Index Value" as the average of the CPI for September and November 2025, to be used in calculating COLAs effective July 2026 and 2027. The bill directly affects retirees covered by the State Retirement and Pension System whose benefits are adjusted using the CPI. It amends existing law to ensure consistent application of the COLA formula for the 2025 CPI data, without changing benefit amounts or eligibility.
Bill status
signed
all 5 stages cleared
Introduction
Feb 2026
Committee Review
Apr 2026
House of Delegates Passage
Apr 2026
Senate Passage
Apr 2026
Signed into Law
Apr 2026
Introduced Feb 11, 2026
Signed Apr 14, 2026
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3 edits
MINOR
This bill adds procedural status updates indicating the bill has been adopted by the House and includes a favorable committee report. It also adds standard signature lines for the Governor and legislative leaders at the end of the text. No substantive changes were made to the actual pension formulas, cost-of-living adjustment calculations, or effective dates.
TECHNICAL
Added text indicating the bill was adopted by the House and received a favorable committee report.
Added signature lines for the Governor, Speaker of the House, and President of the Senate.
Changed the title page header from 'EMERGENCY BILL' to 'CHAPTER ______'.
Floor votes · House of Delegates Feb 27, 2026
How they voted
This bill passed the Senate by voice vote (no roll call recorded).
Full legislative history
Actions timeline
Total actions
13
Key actions
9
Committee
6
Apr 14, 2026
Signed into law
Approved by the Governor - Chapter 56
executive
Apr 8, 2026
Lower · Passed
Returned Passed
lower
Apr 8, 2026
Upper · Passed
Third Reading Passed
upper
Apr 1, 2026
Upper · Passed
Favorable Adopted Second Reading Passed
upper
Apr 1, 2026
Upper · Passed
Favorable Report by Budget and Taxation
upper
Mar 12, 2026
Committee
Referred Budget and Taxation
upper
Mar 11, 2026
Lower · Passed
Third Reading Passed
lower
Mar 10, 2026
Lower · Passed
Favorable Adopted
lower
Mar 10, 2026
Lower · Passed
Favorable Report by Appropriations
lower
Feb 27, 2026
House Of Delegates · Passed
House of Delegates Vote: pass (136-0-6)
house of delegates
Feb 11, 2026
Committee
First Reading Appropriations
lower
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Cathi Forbes
DDemocratic
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