Board meetings, strategic plans, and buyer signals from Tony Bridges’s organization
Mar 25, 2026·BoardMeeting
Board
Maryland Transit Administration Pension Plan Board Of Trustees Special Meeting
The Board conducted a review and vote regarding the Pension Plan Restatement. Key discussion topics included the alignment of plan sections with tax compliance requirements, the authority of plan documents over collective bargaining agreements in case of conflict, and the legal implications of proposed changes. The Board deliberated on the relevance of ongoing contract negotiations and arbitrations to their fiduciary duties before ultimately voting to approve the Restatement.
Enterprise
Get verified public-sector contacts at scale
Find verified emails, direct dials, role context, job-change updates, and organization signals across every public-sector account you sell to.
Maryland Transit Administration Strategic Plan 2026-2030
The 'Moving Maryland' Strategic Plan outlines the Maryland Transit Administration's strategic direction to strengthen its core mission and deliver reliable, accessible, and future-ready transit service across Maryland. It is structured around three key pillars: delivering a safe, reliable, and rider-centered experience for Riders; empowering and equipping a mission-driven workforce for Employees; and modernizing and sustaining Maryland's transit infrastructure for Assets. The plan aims to connect people, communities, and opportunities, ensuring a safe, sustainable, and future-built system.
Feb 27, 2026·BoardMeeting
Board
Maryland Transit Administration Pension Plan Board of Trustees Open Session Minutes
The Board engaged in discussions regarding the Pension Plan Restatement, moving into closed sessions with legal counsel for advice. A presentation on the 2025 Actuarial Valuation was held, highlighting the pension plan's funding ratio improvement from 41.2% in 2017 to 58.7%. Updates were provided on the progress of employee contribution corrections and repayments, as well as the upcoming pension recalculation process. Additionally, it was noted that a planned retirement has been postponed, and a special board meeting was scheduled for the following month to continue discussions on the Pension Plan Restatements.
Jan 30, 2026·BoardMeeting
Board
Maryland Transit Administration Pension Plan Board Of Trustees Meeting Minutes
The board discussed organizational changes, including the appointment of a new chairman and the welcoming of new members. Updates were provided regarding the status of the cyber incident recovery and ongoing operations. The meeting covered the adoption of a resolution regarding the pick-up of mandatory employee contributions and an overview of the pension plan restatement to ensure tax qualification and regulatory compliance. A presentation on the pension administration plan highlighted improvements in the funding ratio, updates to business processes, staffing requirements, and the long-term goal of implementing a member portal. Additionally, the board reviewed progress on contribution corrections and established a repayment plan for pensioners and relevant staff.
Extracted from official board minutes, strategic plans, and video transcripts.
