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ROBERT L. EHRLICH, JR., Governor
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Ch. 493
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including the incentive provided by the Workforce Reduction Act, exceeds the average
final compensation used to compute the basic allowance.
(3) A reduction of an early service retirement allowance or an early
vested allowance under paragraph (1)(iii) of this subsection shall be applied only until
the individual has received an allowance for 12 months.
(4) Except for an individual whose allowance is subject to a reduction as
provided under paragraphs (1)(iii) and (3) of this subsection, the reduction of an
allowance under this subsection does not apply to:
(i) an individual whose average final compensation was less than
$10,000 and who is reemployed on a temporary or contractual basis;
(ii) an individual who is serving in an elected position as an official
of a participating governmental unit or as a constitutional officer for a county that is
a participating governmental unit; or
(iii) an individual who has been retired for [more than 10] 9 years,
BEGINNING ON JANUARY 1 AFTER THE DATE THE INDIVIDUAL RETIRES.
(H) AN INDIVIDUAL WHO IS REHIRED UNDER THIS SECTION MAY NOT BE
REHIRED WITHIN 45 DAYS OF THE DATE THE INDIVIDUAL RETIRED IF:
(1) THE INDIVIDUAL'S CURRENT EMPLOYER IS A PARTICIPATING
EMPLOYER OTHER THAN THE STATE AND IS THE SAME PARTICIPATING EMPLOYER
THAT EMPLOYED THE INDIVIDUAL AT THE TIME OF THE INDIVIDUAL'S LAST
SEPARATION FROM EMPLOYMENT WITH A PARTICIPATING EMPLOYER BEFORE THE
INDIVIDUAL COMMENCED RECEIVING A SERVICE RETIREMENT ALLOWANCE; OR
(2) THE INDIVIDUAL'S CURRENT EMPLOYER IS ANY UNIT OF STATE
GOVERNMENT AND THE INDIVIDUAL'S EMPLOYER AT THE TIME OF THE
INDIVIDUAL'S LAST SEPARATION FROM EMPLOYMENT WITH THE STATE BEFORE THE
INDIVIDUAL COMMENCED RECEIVING A SERVICE RETIREMENT ALLOWANCE WAS
ALSO A UNIT OF STATE GOVERNMENT.
24-207.
Membership ends if the member:
(1) is separated from employment for more than [3] 4 years;
(2) withdraws the member's accumulated contributions;
(3) becomes a retiree;
(4) dies; or
(5) elects to participate in the Deferred Retirement Option Program
established under § 24-401.1 of this title.
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- 2879 -
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