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Session Laws, 1947
Volume 411, Page 1640   View pdf image (33K)
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1640 LAWS OF MARYLAND. [CH, 665

1, 1926, for which he was entitled to membership credit in
the system from which he is transferring if such credit
is greater.

27. Upon becoming a member of the retirement system
to which he has transferred, such person shall thereafter
pay the rate of contribution applicable to a new entrant
at his attained age and be eligible for such pension and
annuity as is provided by law in such retirement system,
including the credits for previous service in the retirement
system from which he has transferred as provided in
Section 26 of this sub-title, with the condition, however,
that if he retires on a retirement allowance in the system
to which he transferred within five years after the trans-
fer, the benefits payable with respect to the service credit
in the system from which the transfer was made shall not
be greater than those which would have been payable with
respect to such service, had he remained in such system.

28. Notwithstanding anything in Sections 25 and 26
of this sub-title to the contrary, a member of one of such
retirement systems on June 1, 1947, who was a member
of another such system immediately prior to entering his
present system may now effect such a transfer provided
he deposits the amount of the contributions paid or payable
to him from such other retirement system prior to the
expiration of one year following June 1, 1947, and within
five years of the date as of which such contributions first
became payable to him from such other retirement system.
To qualify under the terms and conditions of this Section,
such members shall exhibit such data and information to
the administrative head of the system to which he has
transferred as may be required by the rules and regula-
tions of said system or the administrative head thereof.

SEC. 2. And be it further enacted, That this Act shall
take effect June 1,1947.

Approved April 25, 1947.

CHAPTER 665.
(Senate Bill 418)

AN ACT to repeal and re-enact, with amendments, Section
456 of Article 4 of the Code of Public Local Laws of

 

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Session Laws, 1947
Volume 411, Page 1640   View pdf image (33K)
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