176

LAWS OF MARYLAND

Ch. 24

(1)   ALL ELIGIBILITY SERVICE RENDERED AS A FULL-TIME
EMPLOYEE WHILE A MEMBER SHALL BE CREDITABLE SERVICE UNDER
THIS PENSION SYSTEM.

(2)   THE CREDITABLE SERVICE FOR A PART-TIME EMPLOYEE,
WITH RESPECT TO ANY FISCAL YEAR OF ELIGIBILITY SERVICE,
SHALL BE DETERMINED UNDER RULES ESTABLISHED BY THE BOARD OF
TRUSTEES, THAT APPLY TO ALL EMPLOYEES SIMILARLY SITUATED,
BUT CREDITABLE SERVICE RECOGNIZED FOR THAT YEAR MAY NOT BE
LESS THAN THE FRACTION OF A YEAR, THE NUMERATOR OF WHICH IS
THE NUMBER OF HOURS OF SERVICE AS AN EMPLOYEE THAT HE HAS
COMPLETED DURING THAT YEAR AND THE DENOMINATOR OF WHICH IS
THE NORMAL NUMBER OF HOURS OF SERVICE COMPLETED IN A YEAR BY
A FULL-TIME EMPLOYEE.

(3)   EXCEPT FOR RETIREMENT CREDIT FOR MILITARY SERVICE
AS SPECIFIED IN SUBSECTION (5) OF THIS SECTION, A MEMBER MAY
NOT RECEIVE CREDITABLE SERVICE FOR ANY DAY THAT HE IS NOT ON
THE PAYROLL OF THIS STATE, A POLITICAL SUBDIVISION OF THIS
STATE, OR A PARTICIPATING EMPLOYER.

(4)   ANY MEMBER WHO EXECUTES A WAIVER UNDER § 113(2)
OF THIS SUBTITLE SHALL BE CREDITED WITH THE CREDITABLE
SERVICE RECOGNIZED UNDER THE RETIREMENT SYSTEM THROUGH THE
DATE IMMEDIATELY BEFORE HE BECOMES A MEMBER OF THIS PENSION
SYSTEM.

(5)   EXCEPT AS PROVIDED IN SUBSECTION (9) OF THIS
SECTION, A MEMBER IS NOT ELIGIBLE TO OBTAIN CREDITABLE
SERVICE FOR SERVICE WITH A PUBLIC EMPLOYER OTHER THAN THE
STATE OF MARYLAND OR A PARTICIPATING EMPLOYER. MILITARY
SERVICE WITH THE FEDERAL GOVERNMENT MAY BE CREDITED UNDER
ARTICLE 65, § 88 OF THE CODE.

(6)   THE BOARD OF TRUSTEES, UNDER RULES THAT APPLY TO
ALL EMPLOYEES SIMILARLY SITUATED, MAY GRANT CREDITABLE
SERVICE FOR ANY PERIOD DURING WHICH AN EMPLOYEE IS ON AN
APPROVED LEAVE OF ABSENCE THAT IS INCLUDED IN HIS
ELIGIBILITY SERVICE UNDER § 114(5) OF THIS SUBTITLE.

(7)   ANY CREDITABLE SERVICE TO WHICH A MEMBER RESTORED
TO SERVICE WAS ENTITLED AT THE TIME OF HIS PREVIOUS
TERMINATION OF SERVICE, THAT IS INCLUDED WITHIN THE
ELIGIBILITY SERVICE RESTORED UNDER § 114(6) OF THIS
SUBTITLE, SHALL BE RESTORED TO HIM PROVIDED HE REPAYS THE
AMOUNT OF ANY ACCUMULATED CONTRIBUTIONS OR ANY LUMP SUM
SETTLEMENT RECEIVED ON HIS PRIOR TERMINATION OF SERVICE,
WITH INTEREST AT A RATE TO BE ESTABLISHED FROM TIME TO TIME
BY THE BOARD OF TRUSTEES. THE MEMBER MAY WAIVE THE
REPAYMENT OF THESE ACCUMULATED CONTRIBUTIONS. HOWEVER, UPON
RETIREMENT ANY SERVICE RETIREMENT ALLOWANCE OR ANY ORDINARY
DISABILITY RETIREMENT ALLOWANCE PAYABLE TO THE MEMBER SHALL
BE REDUCED BY THE ACTUARIAL EQUIVALENT OF THE CONTRIBUTIONS
THAT HE HAD NOT REPAID, WITH INTEREST TO DATE OF RETIREMENT.