clear space clear space clear space white space
A
 r c h i v e s   o f   M a r y l a n d   O n l i n e

PLEASE NOTE: The searchable text below was computer generated and may contain typographical errors. Numerical typos are particularly troubling. Click “View pdf” to see the original document.

  Maryland State Archives | Index | Help | Search
search for:
clear space
white space
Session Laws, 1979
Volume 737, Page 198   View pdf image
 Jump to  
  << PREVIOUS  NEXT >>
clear space clear space clear space white space

198

LAWS OF MARYLAND

Ch. 24

PENSION SYSTEM FOR EMPLOYEES OF THE STATE WITHOUT THE
APPROVAL OF THE LEGISLATIVE BODY OF THE MUNICIPAL
CORPORATION. IF THE LEGISLATIVE BODY OF A MUNICIPAL
CORPORATION APPROVES THE PARTICIPATION OF ITS OFFICERS AND
EMPLOYEES IN THIS PENSION SYSTEM FOR EMPLOYEES OF THE STATE
AS PROVIDED IN THIS SECTION, THE EMPLOYEES SHALL BE ELIGIBLE
TO PARTICIPATE IN THIS PENSION SYSTEM FOR EMPLOYEES OF THE
STATE AS PROVIDED IN THIS SUBTITLE.

132. OPTIONAL AND COMPULSORY MEMBERSHIP IN STATE SYSTEM.

(1)   MEMBERSHIP IN THIS PENSION SYSTEM FOR THE
OFFICERS AND EMPLOYEES WHO ARE ADMITTED UNDER § 131 OF THIS
SUBTITLE SHALL BE OPTIONAL FOR THE OFFICERS AND EMPLOYEES
WHO ARE IN THE SERVICE ON THE DATE THE APPROVAL IS GIVEN AND
ANY OFFICER OR EMPLOYEE WHO ELECTS TO JOIN THIS PENSION
SYSTEM WITHIN 1 CALENDAR YEAR, SHALL BE ENTITLED TO CREDIT
FOR SERVICE RENDERED BEFORE THE DATE OF APPROVAL. ANY
PERSON WHO WAS AN OFFICER OR EMPLOYEE OF ANY MUNICIPAL
CORPORATION BEFORE OR DURING WORLD WAR II AND WHO LEFT HIS
POSITION TO SERVE IN MILITARY SERVICE, AND WHO LATER
REENTERED THE EMPLOYMENT OF THAT OR ANOTHER MUNICIPAL
CORPORATION WITHIN 2 YEARS FROM THE DATE OF HIS DISCHARGE
FROM MILITARY SERVICE, SHALL BE ENTITLED TO CREDIT FOR ANY
PART OF THE PERIOD OF THAT MILITARY SERVICE NOT OTHERWISE
CREDITED AND ALLOWABLE UNDER THIS SUBTITLE; AND THE EXPENSE
OF ALLOWING THIS CREDIT SHALL BE BORNE BY THE MUNICIPAL
CORPORATION WITH WHICH HE IS SERVING.

(2)   MEMBERSHIP SHALL BE COMPULSORY FOR ALL EMPLOYEES
ENTERING THE SERVICE OF SUCH MUNICIPAL CORPORATION AFTER THE
DATE OF APPROVAL, IF MEMBERSHIP WOULD HAVE BEEN COMPULSORY
HAD THEY ENTERED THE STATE SERVICE IN SIMILAR POSITIONS.

133. LOCAL PENSION SYSTEMS.

(1)   IF 60 PERCENT OF THE MEMBERS OF ANY RETIREMENT OR
PENSION SYSTEM OF ANY MUNICIPAL CORPORATION, (HEREAFTER
REFERRED TO AS A LOCAL PENSION SYSTEM,) ELECT TO BECOME
MEMBERS OF THIS PENSION SYSTEM OF THE STATE, BY A PETITION
SIGNED BY THESE MEMBERS, THE PARTICIPATION OF THESE MEMBERS
IN THIS PENSION SYSTEM FOR EMPLOYEES OF THE STATE MAY BE
APPROVED BY THE LEGISLATIVE BODY OF THE MUNICIPAL
CORPORATION AS THOUGH THE LOCAL PENSION SYSTEM WERE NOT IN
OPERATION AND THIS SUBTITLE SHALL APPLY, EXCEPT THAT THE
EXISTING PENSIONERS OR ANNUITANTS OF THE LOCAL PENSION
SYSTEM WHO WERE BEING PAID PENSIONS ON THE DATE OF THE
APPROVAL SHALL BE CONTINUED AND PAID AT THEIR EXISTING RATES
BY THIS PENSION SYSTEM FOR EMPLOYEES OF THE STATE AND THE
LIABILITY ON THIS ACCOUNT SHALL BE INCLUDED IN THE
COMPUTATION OF THE ACCRUED LIABILITY BY THE ACTUARY AS
PROVIDED BY § 135 OF THIS SUBTITLE.

(2)   ANY CASH AND SECURITIES TO THE CREDIT OF THE
LOCAL PENSION SYSTEM SHALL BE TRANSFERRED TO THIS PENSION
SYSTEM FOR EMPLOYEES OF THE STATE OF MARYLAND AS OF THE DATE
OF APPROVAL. THE TRUSTEES OR OTHER ADMINISTRATIVE HEAD OF

 

clear space
clear space
white space

Please view image to verify text. To report an error, please contact us.
Session Laws, 1979
Volume 737, Page 198   View pdf image
 Jump to  
  << PREVIOUS  NEXT >>


This web site is presented for reference purposes under the doctrine of fair use. When this material is used, in whole or in part, proper citation and credit must be attributed to the Maryland State Archives. PLEASE NOTE: The site may contain material from other sources which may be under copyright. Rights assessment, and full originating source citation, is the responsibility of the user.


Tell Us What You Think About the Maryland State Archives Website!



An Archives of Maryland electronic publication.
For information contact mdlegal@mdarchives.state.md.us.

©Copyright  August 17, 2024
Maryland State Archives