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Session Laws, 1979
Volume 737, Page 196   View pdf image
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196

LAWS OF MARYLAND

Ch. 24

THE RECORDS RESULTS IN ANY MEMBER OR BENEFICIARY RECEIVING
FROM THIS PENSION SYSTEM MORE OR LESS THAN HE WOULD HAVE
BEEN ENTITLED TO RECEIVE HAD THE RECORDS BEEN CORRECT, THE
BOARD OF TRUSTEES SHALL:

(1)   CORRECT THE ERROR; AND

(2)   AS FAR AS PRACTICABLE, ADJUST THE PAYMENT
IN A MANNER THAT THE ACTUARIAL EQUIVALENT OF THE BENEFIT TO
WHICH THE MEMBER OR BENEFICIARY WAS CORRECTLY ENTITLED SHALL
BE PAID.

127. LIMITATION ON MEMBERSHIP.

ANY OTHER LAW THAT PROVIDES WHOLLY OR PARTLY AT THE
EXPENSE OF THE STATE OF MARYLAND FOR PENSIONS OR RETIREMENT
BENEFITS FOR EMPLOYEES OF THE STATE, THEIR SURVIVING
SPOUSES, OR OTHER DEPENDENTS, DOES NOT APPLY TO MEMBERS OR
BENEFICIARIES OF THIS PENSION SYSTEM, THEIR SURVIVING
SPOUSES, OR OTHER DEPENDENTS, EXCEPT BENEFITS FROM SOCIAL
SECURITY. THIS SECTION DOES NOT APPLY TO ANY PERSON WHOSE
PENSION OR RETIREMENT ALLOWANCE WAS ESTABLISHED UNDER OTHER
LAW AND TO WHICH THE STATE DOES NOT CONTRIBUTE, AND IT DOES
NOT APPLY TO THE BENEFICIARIES OF THAT PERSON.

128. POST COMPLIANCE AUDITS.

AT HIS DISCRETION THE LEGISLATIVE AUDITOR MAY CONDUCT
AN ANNUAL AUDIT OF A FISCAL AND COMPLIANCE NATURE OF THE
ACCOUNTS AND TRANSACTIONS OF THE EMPLOYEES' PENSION SYSTEM
IN PLACE OF CONDUCTING THESE AUDITS ON A BIENNIAL BASIS.
OFFICIALS OF THE EMPLOYEES' PENSION SYSTEM SHALL BE ADVISED
WHETHER ANNUAL OR BIENNIAL AUDITS WILL BE CONDUCTED.

129. PRERETIREMENT COUNSELING SERVICE.

ALL STATE EMPLOYEES UNDER THIS PENSION SYSTEM SHALL BE
PROVIDED WITH A PRERETIREMENT COUNSELING SERVICE REGARDING
PENSION BENEFITS. WITH THE CONSENT OF THE RETIREE, THE
COUNSELING ALSO SHALL BE AVAILABLE TO HIS SPOUSE OR MEMBERS
OF HIS IMMEDIATE FAMILY.

130. DEFINITIONS.

(1)   IN THIS SUBTITLE THE FOLLOWING WORDS HAVE THE
MEANING INDICATED.

(2)   (A) "MUNICIPAL CORPORATION" MEANS A COUNTY,
INCORPORATED TOWN, OR MUNICIPALITY OR SPECIAL TAXING AREA, OR
ANY OTHER POLITICAL SUBDIVISION OF THE STATE.

(B) "MUNICIPAL CORPORATION" INCLUDES ANY PUBLIC
LIBRARY ASSOCIATION OR ORGANIZATION, ANY FIRE DEPARTMENT
THAT RECEIVES PART OR ALL OF ITS FUNDS FROM OR THROUGH ANY
COUNTY, TOWN, MUNICIPALITY, SPECIAL TAXING AREA, OR OTHER
POLITICAL SUBDIVISION OF THE STATE, AND ANY BOARD OR
COMMISSION CREATED BY AN ACT OF THE GENERAL ASSEMBLY FOR

 

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Session Laws, 1979
Volume 737, Page 196   View pdf image
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