Ch. 6

1994 LAWS OF MARYLAND

26-308. CREDITABLE SERVICE.

(A)     TYPES OF SERVICE CREDIT.

FOR THE PURPOSE OF COMPUTING BENEFITS UNDER THIS TITLE, CREDITABLE
SERVICE CONSISTS OF:

(1) ELIGIBILITY SERVICE AS ADJUSTED UNDER SUBSECTION (B) OF THIS
SECTION; AND

(2) CREDIT FOR UNUSED SICK LEAVE AS PROVIDED IN § 20-206 OF THIS
ARTICLE.

(B)     ADJUSTMENT OF ELIGIBILITY SERVICE.

(1)      THIS SUBSECTION DOES NOT APPLY TO ELIGIBILITY SERVICE THAT
CONSISTS OF:

(I)       SERVICE CREDIT TRANSFERRED FROM ANOTHER
RETIREMENT OR PENSION SYSTEM;

(II)     MILITARY SERVICE CREDIT GRANTED UNDER TITLE 38 OF THIS
ARTICLE; OR

(III)    SERVICE CREDIT PURCHASED UNDER THIS SUBTITLE.

(2)      THE BOARD OF TRUSTEES SHALL ADJUST A MEMBER'S ELIGIBILITY
SERVICE AS PROVIDED IN THIS SUBSECTION.

(3)      (I) THE BOARD OF TRUSTEES SHALL ADOPT REGULATIONS TO
DETERMINE FOR ANY FISCAL YEAR THE AMOUNT OF CREDITABLE SERVICE THAT
EQUALS THE ELIGIBILITY SERVICE FOR A MEMBER WHO HAS COMPLETED LESS
THAN THE NORMAL HOURS OF EMPLOYMENT FOR THE MEMBER'S POSITION.

(II)     THE NORMAL HOURS OF EMPLOYMENT FOR A POSITION
EQUALS THE MINIMUM NUMBER OF HOURS TO BE COMPLETED BY A FULL-TIME
EMPLOYEE SERVING IN THE MEMBER'S POSITION.

(III)    THE CREDITABLE SERVICE RECOGNIZED FOR A FISCAL YEAR
MAY NOT BE LESS THAN THE ELIGIBILITY SERVICE FOR THE MEMBER MULTIPLIED
BY A FRACTION, NOT TO EXCEED 1, THAT HAS:

1. AS ITS NUMERATOR, THE NUMBER OF HOURS OF
EMPLOYMENT AS A MEMBER THAT THE MEMBER HAS COMPLETED DURING THAT
YEAR; AND

2. AS ITS DENOMINATOR, THE NORMAL NUMBER OF HOURS
FOR THE MEMBER'S POSITION.

REVISOR'S NOTE: This section is new language derived without substantive
change from former Art. 73B, § 8-302(a) and (b).

In subsection (b) of this section, the term "employment" is substituted for the
term "service" to reflect that "service" is no longer a defined term.

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