SB 306 State Retirement and Pension System Maryland Pension Administration System Member Contributions
Maryland 2019 Regular Session
State Retirement and Pension System - Maryland Pension Administration System - Member Contributions
SB-306
About SB-306
Requiring a participating employer to submit supporting payroll data to the State Retirement Agency regarding a member's contributions at the time contributions are paid to the Board of Trustees for the State Retirement and Pension System; and providing, for violations of the Act, a 10% penalty of the member contribution due, 10% a year interest on delinquent member contributions until paid, a $250 penalty for each payroll for which supporting data is not submitted, and 10% a year interest on a certain penalty assessed under certain circumstances.
Bill Texts
Introduced 01/30/2019
Engrossed 03/18/2019
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