BLAIR LEE III, Acting Governor

1785

Article 73B - Pensions

Section 6 and 9(6)

Annotated Code of Maryland

(1970 Replacement Volume and 1977 Supplement)

SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That section(s) of the Annotated Code of Maryland
be repealed, amended, or enacted to read as follows:

Article 73B — Pensions

3.

The membership of the retirement system shall consist
of the following:

(1) Any person who shall become an employee as herein
defined after the date of establishment shall become a
member of the retirement system as a condition of
employment. 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. The rate of
contribution ox 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 pursuant to section 14 (1) (a)
of this article for his age at the date of membership
without regard to the maximum rate of five per centum of
earnable compensation, plus interest on such contributions.
Such purchase may be made at any time prior to retirement.

[ (2) Any person who is an employee on the date of
establishment, except any person specifically excluded under
subsection (3) of this section, shall become a member as of
that date, 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 of the 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.

(3) Persons who are employees as herein defined on
the date of establishment and who are covered by any
existing law providing for the retirement of employees
wholly or in part at the expense of the State, shall be
entitled to membership in this retirement system, and may
become members by filing with the board of trustees on a
form prescribed by the board a duly executed waiver of all
benefits which might inure to them under the provisions of
the laws under which they are covered.

(4) Any employee who elects under subsection (2) of
this section not to become a member, may thereafter apply