|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Ch. 618
|
|
|
|
|
2006 LAWS OF MARYLAND
|
|
|
|
|
|
|
|
|
|
OF EMPLOYER CONTRIBUTIONS THAT ARE AVAILABLE TO PARTICIPATING
EMPLOYEES UNDER § 32-205 OF THIS TITLE SUBTITLE.
SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall take effect
July 1, 2006.
Enacted May 26, 2006.
|
|
|
|
|
|
|
|
CHAPTER 618
(House Bill 1430)
AN ACT concerning
State Retirement and Pension System - Administration - Simplification
FOR the purpose of repealing a certain requirement that certain compensation be
included in the calculation of the retirement allowance of certain individuals;
requiring the Board of Trustees of the State Retirement and Pension System to
reduce the retirement allowance of certain members of the State Retirement and
Pension System under certain circumstances by a certain amount, including a
certain rate of interest; authorizing certain members of the Employees'
Retirement System, the Teachers' Retirement System, or the State Police
Retirement System to purchase certain service credit; clarifying certain types,
and the amount of, service credit that certain members of certain systems in the
State Retirement and Pension System may purchase under certain
circumstances; repealing a certain provision to allow certain members of the
Employees' Retirement System to purchase certain service credit on an
installment basis; altering the period of time when a certain offset to a
retirement allowance is applied for certain members of certain systems in the
State Retirement and Pension System; prohibiting certain retirees of the State
Police Retirement System from being rehired within a certain period of time
under certain circumstances; repealing the requirement that certain disability
retirees provide the Board of Trustees of the State Retirement and Pension
System with certain information; clarifying certain definitions; providing for the
application of certain provisions of this Act; and generally relating to simplifying
the administration of the State Retirement and Pension System.
BY repealing and reenacting, with amendments,
Article - Education
Section 6-116(d)
Annotated Code of Maryland
(2004 Replacement Volume and 2005 Supplement)
BY repealing and reenacting, with amendments,
' Article - State Personnel and Pensions
Section 21-312, 22-304(c) and (d), 22-305(c) and (d), 23-307(a) and (b),
- 2874 -
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|