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Session Laws, 1973
Volume 709, Page 1014   View pdf image
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1014                                      LAWS OF MARYLAND                                Ch. 460

retirement system as a condition of employment, and shall not be entitled to
receive any pension or retirement allowance from any other pension or retirement
system supported wholly or in part by the State of Maryland, anything to the
contrary notwithstanding. Any person, employed during the period July 1, 1970
through June 30, 1972, who elected not to join the retirement system, must become
a member on the two year anniversary date of his employment I. The rate of
contribution of such employee shall be determined by his age at the time he
actually joins the system, and will not be reduced for reason of service prior to
joining,] provided, however, that any such employee may purchase credit for
service before joining by paying the contributions due, BASED ON THE RATE
DETERMINED FOR HIS AGE AT MEMBERSHIP PURSUANT TO §
56(1)(A) AS IN EFFECT ON HIS DATE OF EMPLOYMENT plus interest
ON SUCH CONTRIBUTIONS. Such purchase may be made at any time prior
to retirement.

(2)  Time of becoming member. — Any person who is an employee on the date
of establishment, except any person for whom special provision is made under
subsection (3) of this section, shall become a member as of that date.

(3)  Election not to become member. — Any person who is an employee on the
date of establishment and who is on that date and has been since June 1, 1935, a
member of the State Police pension fund shall become a member as of the date of
establishment unless within a period of thirty days next following such employee
shall file with the board of trustees, on a form prescribed by the board, a notice of
his election not to be covered in the membership in the Retirement System and a
duly executed waiver of all present and prospective benefits which would otherwise
inure to him on account of his participation in the Retirement System. Any person
who was a member of the State Police pension fund on June 1, 1949, and who
elected in 1949 not to be covered in the membership in the Retirement System,
shall have the further opportunity to become a member of the Retirement System,
at any time between June 1, 1961, and December 31, 1961, both dates inclusive,
and not thereafter; but this eligibility is only for persons who would be eligible for
membership in the Retirement System if they had begun their employment in
1961. If during that time he elects to be covered in the membership of the
Retirement System, his membership therein shall begin as of the first day of the
calendar month next following the day of his election, subject to the conditions of
this section and of the other provisions of this article not inconsistent with this
section. Any person who thus becomes a member of the Retirement System shall
receive credit therein for what would have been his prior service as of June 1, 1949.
Before being admitted to such membership, any such person shall pay to the
Retirement System the full amount of what would have been his accumulated
contributions therein had he in fact belonged to the system from June 1, 1949, to
the date upon which he becomes a member under the provisions of this action,
together with regular interest thereon. The State shall make such matching
contributions to the Retirement System as it would have made had the person in
fact belonged to the system from June 1, 1949, to the date upon which he becomes
a member under the provisions of this section, together with regular interest
thereon. Provided, however, that the payment by the State of such matching
contributions and also its payment of the prior service credit may together be paid
at such and in such amounts as may be recommended by the actuary for the
Retirement System.

(4)    When membership ceases; reentry; credit for service as member of
Employees' Retirement System or Teachers' Retirement System. — Should any
member in any period of six consecutive years after last becoming a member be
absent from service more than two years, or should he withdraw all or part of his
accumulated contributions, or should he become a beneficiary or die, he shall
thereupon cease to be a member. However, any such person who has withdrawn

 

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Session Laws, 1973
Volume 709, Page 1014   View pdf image
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