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Session Laws, 2006
Volume 750, Page 2878   View pdf image
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Ch. 618                                    2006 LAWS OF MARYLAND [(2)] (4) not exceeding 10 years of federal service or out-of-state service
with a political subdivision; or [(3)] (5) as an employee of a political subdivision of the State if: (i) the member is not otherwise entitled to receive service credit for
the same period under this Division II; (ii) the member is not receiving retirement benefits from a political
subdivision of the State for the same period; and (iii) the member, the political subdivision, or both, pay the amount
required under subsection (b)(1) of this section. (d) A member of the Teachers' Retirement System may purchase service credit
for a period of employment: (1)     not exceeding 10 years of out-of-state public school teaching
service[, nonpublic school teaching service, or postsecondary teaching service]; (2)      NOT EXCEEDING 10 YEARS OF PUBLIC OR NONPUBLIC SCHOOL
TEACHING SERVICE; (3)      NOT EXCEEDING 5 YEARS OF POSTSECONDARY SCHOOL TEACHING
SERVICE; [(2)] (4) on or before December 31, 1970, with Baltimore City as a
teacher on a verified leave of absence not exceeding 2 years that is similar in all
respects to leaves of absence approved by the Board of Trustees; [(3)] (5) not exceeding 10 years of federal or out-of-state municipal
service; or [(4)] (6) employment as an employee of a municipal corporation of the
State if the member is not otherwise entitled to receive service credit under this
Division II. 23-307. (a) (1) Except as provided in subsection (b) of this section, in the year of
retirement, a member of the Employees' Pension System may purchase credit for
eligibility service of up to 10 years for periods of employment described in paragraph
(4) of this subsection for which the member is not otherwise entitled to service credit. (2)     To purchase service credit under this subsection, a member must: (i) complete a claim for the service credit and file it with the Board
of Trustees on the form that the Board of Trustees provides; and (ii) pay to the Board of Trustees an amount equal to the annuity
reserve and pension reserve required to fund the additional allowance. (3)     A member may only purchase service credit under this subsection for
employment with: - 2878 -


 
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Session Laws, 2006
Volume 750, Page 2878   View pdf image
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