978 LAWS OF MARYLAND Ch. 460
which are required from both employees and employer are made when and as
payable. From and after the time the hospital is transferred from State ownership,
the State no longer has the responsibility of paying the employer's share of the
contributions. The term "employee" also shall, on and after June 1, 1961, include
any person who is regularly employed by the State Military Department as a
National Guard technician, although paid by or from federal appropriated funds,
provided the employer's contribution to the retirement system, when and as
payable, shall be made by the United States, or otherwise, and provided the State
shall not be responsible for payment of such employer's contribution. The term
"employee" also includes all the several classes of assessors, including supervisors
and assistants, for whom the State pays a portion of annual salary under the
provisions of the subtitle "State Department of Assessments and Taxation" in
Article 81 of this Code; but the term "employee" does not include any such
assessor who is a member of a retirement or pension system operated by a political
subdivision of this State. The term "employee" also includes regular and full-time
staff members of the Commission to revise the Annotated Code and of any
successor agency or agencies. In all cases of doubt, the board of trustees, provided
for in § 11 of this article, shall determine whether any person is an employee as
defined in this article, irrespective of the method of payment.
(4) "Member" shall mean any employee included in the membership of the
retirement system as provided in § 3 of this article.
(5) "Board of trustees" shall mean the board provided for in § 11 of this article
to administer the retirement system.
(6) "Medical board" shall mean the board of physicians provided for in § 11 of
(7) "Service" shall mean service as employee paid for by the State, and service
as a worker on county road systems in those counties where maintenance of roads
is supervised by the State Roads Commission.
(8) "Prior service" shall mean service rendered prior to the date of
establishment of the retirement system, or service rendered prior to membership in
the retirement system, for which credit is allowable under § 7 of this article.
(9) "Membership service" shall mean service as an employee rendered while a
member of the retirement system.
(10) "Creditable service" shall mean prior service plus membership service for
which credit is allowable as provided in § 7 of this article. In the case of employees
who enjoy such status by virtue of employment in county road systems, as
hereinbefore provided, prior service credit shall include credit for the full period for
which they have been so employed by the county involved, including service
rendered before supervision and control were assumed by the State Roads
(11) "Beneficiary" shall mean any person in receipt of a pension, an annuity, a
retirement allowance, or other benefits as provided by this article.
(12) "Regular interest" for the Annuity Savings Fund shall mean interest at the
rate per centum per annum compounded annually as may be set from time to time
by the board with a minimum rate of three per centum per annum and a
maximum rate of four per centum per annum. "Regular interest" for the [Annuity
Reserve Fund, the Pension Accumulation Fund and the Pension Reserve Fund]
PURPOSES OF THE ACTUARIAL VALUATIONS shall mean [[in]] interest
at such rate or rates as may be set FROM TIME TO TIME BY THE BOARD
OF TRUSTEES in accordance with § 13, subsection (2) of this article, as