EXPLANATION: CAPITALS INDICATE MAT TER ADDED TO EXISTIN G LAW.
[Brackets] indicate matter deleted from existing law.
*hb1250*
HOUSE BILL 1250
P6 5lr2786
By: Delegates Stonko, Miller, and Valentine
Introduced and read first time: February 7, 2025
Assigned to: Appropriations
A BILL ENTITLED
AN ACT concerning 1
State Retirement Agency – Report on Employer Contribution Rate Impact of 2
Teacher Salary Increases 3
FOR the purpose of requiring the State Retirement Agency, on or before a certain date, to 4
report to the General Assembly certain information pertaining to the fiscal impact 5
on employer contribution rates in the Teachers’ Retirement and Pension Systems 6
from certain teacher base salary increases and certain teacher career ladder 7
compensation increases for certain fiscal years; and generally relating to the State 8
Retirement Agency. 9
SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF MARYLAND, 10
That: 11
(a) The State Retirement Agency shall estimate the potential impact to the yearly 12
employer contribution rates for the Teachers’ Retirement and Pension Systems from the 13
teacher base salary increases and teacher salary increases as provided in § 6–1009 of the 14
Education Article for fiscal years 2027 through 2032, using fiscal year 2026 budgeted 15
salaries as the baseline for cost estimates. 16
(b) On or before December 15, 2025, the State Retirement Agency shall report to 17
the General Assembly, in accordance with § 2–1257 of the State Government Article, on the 18
potential impact to the yearly employer contribution rates for the Teachers’ Retirement and 19
Pension Systems from the teacher base salary increases and teacher salary increases as 20
provided in § 6–1009 of the Education Article. 21
SECTION 2. AND BE IT FURTHER ENACTED, That th is Act shall take effect July 22
1, 2025. 23