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ROBERT L. EHRLICH, JR., Governor
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Ch. 258
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(e) "Withdrawal date" means the date that a withdrawal by a participating
governmental unit from the employees' systems, the Local Fire and Police System,
[or] the Law Enforcement Officers' Pension System, OR THE CORRECTIONAL
OFFICERS' RETIREMENT SYSTEM takes effect.
31-302.
(a) The legislative body of a participating governmental unit may withdraw
from participation in the employees' systems and transfer to a local pension system
any of the following groups of employees of the governmental unit who consent to the
withdrawal:
(1) all employees of the participating governmental unit;
(2) fire fighters;
(3) law enforcement personnel; or
(4) subject to the approval of the Board of Trustees, a homogeneous unit
of at least 10 employees.
(b) The legislative body of a participating governmental unit may withdraw
from participation in the Local Fire and Police System and shall transfer to a local
pension system all employees of the participating governmental unit.
(c) The legislative body of a participating governmental unit may withdraw
from participation in the Law Enforcement Officers' Pension System and transfer to a
local pension system the law enforcement officers of the participating governmental
unit who consent to the withdrawal.
(D) THE LEGISLATIVE BODY OF A PARTICIPATING GOVERNMENTAL UNIT MAY
WITHDRAW FROM PARTICIPATION IN THE CORRECTIONAL OFFICERS' RETIREMENT
SYSTEM AND TRANSFER TO A LOCAL PENSION SYSTEM THE DETENTION CENTER
OFFICERS OF THE PARTICIPATING GOVERNMENTAL UNIT WHO CONSENT TO THE
WITHDRAWAL.
31-303.
A withdrawal and transfer under § 31-302 of this subtitle takes effect at the end
of the State's fiscal year.
31-304.
If a participating governmental unit withdraws from the employees' systems,
the Local Fire and Police System, [or] the Law Enforcement Officers' Pension
System, OR THE CORRECTIONAL OFFICERS' RETIREMENT SYSTEM, the accumulated
contributions of the withdrawn employees shall be transferred on the withdrawal
date to the administrative board of the local pension system and credited to the
account of those employees.
31-305.
(a) As of the effective date of withdrawal of a participating governmental unit,
the Board of Trustees shall transfer to the administrative board of the local pension
- 1505 -
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