Maryland SB710 exempts certain retirees from earnings offset if reemployed by participating employers.

Maryland SB710 amends the Correctional Officers' Retirement System to exempt certain retirees from an earnings offset if they are reemployed by participating employers. Specifically, retirees who were reemployed on a contractual basis for not more than two years as parole and probation employees are exempt. The bill also outlines reporting procedures and requirements for participating employers to notify the State Retirement Agency of reemployed retirees' earnings. The changes take effect on July 1, 2026.

Maryland SB710 exempts certain retirees from earnings offset if reemployed by participating employers.

Maryland SB710 amends the Correctional Officers' Retirement System to exempt certain retirees from an earnings offset if they are reemployed by participating employers. Specifically, retirees who were reemployed on a contractual basis for not more than two years as parole and probation employees are exempt. The bill also outlines reporting procedures and requirements for participating employers to notify the State Retirement Agency of reemployed retirees' earnings. The changes take effect on July 1, 2026.