MARVIN MANDEL, Governor

905

Annotated Code of Maryland

(1970 Replacement Volume and 1975 Supplement)

SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That Section 9(13) of Article 73B - Pensions,
of the Annotated Code of Maryland (1970 Replacement
Volume and 1975 Supplement) be and it is hereby repealed
and reenacted, with amendments, to read as follows:

Article 73B - Pensions

9.

(13) An employee of the State, who is or becomes a
member of the Employees' Retirement System and who at any
previous time served as a full—time paid employee of a
municipal corporation of this State and who is not
entitled to receive service credit for the same period
under any other provision of this article, or who is not
receiving retirement benefits from any political
subdivision or municipal corporation of this State, shall
be entitled IN THE YEAR IN WHICH HE RETIRES to credit for
previous service rendered by him to the municipal
corporation upon [making in a single payment, within
whatever period of time as may be determined by the board
of trustees, the contributions with interest, which he
would have paid on behalf of that service. Upon
receiving a claim for that service credit from the
employee, the board of trustees of the retirement system
shall verify the fact of the service credit and the
compensation received, and shall determine the amount due
for the service based on the contributions, with
interest, which he would have paid had he been a member
of this system during that period of service] THE
PAYMENT BY HIM OR THE MUNICIPAL CORPORATION OR A
COMBINATION OF BOTH OF AN AMOUNT EQUAL TO THE RESERVES
REQUIRED TO FUND THE PREVIOUS SERVICE.

SECTION 2. AND BE IT FURTHER ENACTED, That this Act
shall take effect July 1, 1976.

Approved May 4, 1976.

CHAPTER 332
(Senate Bill 835)

AN ACT concerning

Pensions — Earnable Compensation
FOR the purpose of clarifying the definition of "Earnable