Courtesy Citybizlist – Maryland legislators elected next year would see their salaries rise to $50,330 in 2018, a 16% raise over the next four years recommended Monday by the General Assembly Compensation Commission.
If the legislature accepts the recommendation, it would give the part-time lawmakers their first raise in eight years. Delegates and senators currently make $43,500.
The two presiding officers would also get a 16% pay hike over four years to $65,371 in 2018. The Senate president and House of Delegates speaker currently make $56,500.
The nine-member commission also proposed some of the same adjustments to legislative pensions that the General Assembly imposed on state employees and teachers in 2011. The commission suggested raising legislators’ contribution rate from 5% to 7% of their salaries, raising the retirement age from 60 to 62, and raising the early retirement age from 50 to 55.
Read more at Citybizlist
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