128

LAWS OF MARYLAND

Ch. 23

(D) SICK LEAVE CREDITABLE SERVICE MAY NOT BE
USED TO DETERMINE YEARS OF ELIGIBILITY SERVICE REQUIRED FOR
THE FOLLOWING:

(1)   DEATH BENEFIT;

(2)   ORDINARY DISABILITY;

(3)   VESTING OF EMPLOYER CONTRIBUTIONS;

(4)   EARLY RETIREMENT; AND

(5)   AVERAGE FINAL COMPENSATION.

(9) IN THE YEAR OF HIS RETIREMENT, A MEMBER MAY
RECEIVE CREDIT OF UP TO 10 YEARS TOWARDS ELIGIBILITY FOR
BENEFITS PROVIDED UNDER § 145 OF THIS SUBTITLE; IF THE
MEMBER FILES CLAIM FOR IT WITH THE BOARD OF TRUSTEES AND
PAYS INTO THIS PENSION SYSTEM AN AMOUNT EQUAL TO THE
RESERVES REQUIRED TO FUND THE ADDITIONAL ALLOWANCE, WHICH
MAY BE PAID ON AN INSTALLMENT BASIS BY CONTRIBUTING NOT LESS
THAN 2 PERCENT OF COMPENSATION PER YEAR WITH THE APPROPRIATE
FINAL ADJUSTMENTS BEING MADE IN THE YEAR IN WHICH THE MEMBER
RETIRES, FOR PREVIOUS SERVICE TIME ,OR BY TRANSFERRING, UPON
WRITTEN REQUEST TO THE BOARD OF TRUSTEES, ANY PRIOR
CONTRIBUTIONS TO A VOLUNTARY RETIREMENT BENEFIT, LESS ANY
COSTS OF ADMINISTERING THAT BENEFIT. ANY MEMBER ELECTING TO
CONTRIBUTE TOWARD THIS SERVICE WHO RETIRES BEFORE COMPLETING
THE PAYMENTS REQUIRED TO PURCHASE THIS SERVICE SHALL RECEIVE
PRO RATA CREDIT FOR SERVICE PURCHASED PRIOR TO THE DATE OF
RETIREMENT, BUT THE MEMBER MAY ELECT AT THE TIME OF
RETIREMENT TO MAKE AN ADDITIONAL LUMP-SUM PAYMENT FOR THE
AMOUNT NECESSARY TO RECEIVE FULL CREDIT. IN THE EVENT A
MEMBER DIES IN ACTIVE SERVICE WHILE PAYING FOR CREDIT, AND
IF THE CREDIT QUALIFIES FOR BENEFITS UNDER THIS SUBTITLE,
THE SURVIVING SPOUSE MAY PAY FOR THE APPROPRIATE FINAL
ADJUSTMENT. OTHERWISE, THE APPROPRIATE FINAL ADJUSTMENT
SHALL BE MADE IN THE YEAR IN WHICH A MEMBER RETIRES, AND
SHALL BE FOR PREVIOUS SERVICE TIME:

(A)   WITH AN OUT-OF-STATE PUBLIC SCHOOL;

(B)   WITH THE FEDERAL GOVERNMENT;

(C)   WITH A NONPUBLIC SCHOOL;

(D)   WITH ANY MUNICIPAL CORPORATION;

(E)   AS A POSTSECONDARY TEACHER.

145. BENEFITS.

(1) (A) ANY MEMBER MAY RETIRE ON WRITTEN
APPLICATION TO THE BOARD OF TRUSTEES SETTING FORTH WHEN HE
DESIRES TO BE RETIRED, IF THE MEMBER AT THE TIME SO
SPECIFIED FOR HIS RETIREMENT IS PROVIDED THAT THE MEMBER AT
THE TIME HE SPECIFIES FOR HIS RETIREMENT SHALL HAVE