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Session Laws, 1979
Volume 737, Page 1755   View pdf image
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HARRY HUGHES, Governor

1755

Article 73B — Pensions

85.

(7) A member may receive credit towards eligibility
for benefits provided under § 86 of this subtitle for
out—of—state public school teaching service, nonpublic
school teaching service or postsecondary teaching service up
to a maximum of ten years if the member files a claim for it
with the board of trustees and pays into the retirement
system an amount equal to the reserves required to fund the
additional allowance for whatever years of out-of—state
and/or nonpublic school teaching service or postsecondary
teaching service as he may claim. The member may pay for
the reserves on an installment basis by contributing not
less [that] THAN 2 percent of current salary a year[; or
by transferring, upon written request to the board of
trustees, any prior contributions to a voluntary retirement
benefit, including an additional annuity under Section 89
(1)(d) of this article, less any costs of administering that
benefit]. CONTRIBUTIONS QUALIFYING UNDER § 403(B) OF THE
INTERNAL REVENUE CODE AS AMENDED FROM TIME TO TIME MAY NOT
BE TRANSFERRED. 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 § 86(8)(b) of
this subtitle, the surviving spouse may pay for the
appropriate final adjustment for such out-of-state or public
school teaching or postsecondary teaching service as he may
have claimed.

SECTION 2. AND BE IT FURTHER ENACTED, That this Act
shall take effect July 1, 1979.

Approved May 29, 1979.

CHAPTER 638

(House Bill 1418)

AN ACT concerning

Landlord/Tenant — Authority of Courts

FOR the purpose of extending to all trial courts certain
authority currently exercised by the District Court in
certain landlord/tenant cases to order rent to be paid

 

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Session Laws, 1979
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