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ROBERT L. EHRLICH, JR., Governor Ch. 110
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(4) (3) (2) THE NUMBER OF YEARS OF THE MEMBER'S CREDITABLE
SERVICE ON OR AFTER JULY 1, 2006 1998 MULTIPLIED BY 1.95% 2.0% 1.8% OF THE
MEMBER'S AVERAGE FINAL COMPENSATION.
(E) (1) This subsection applies only to a member who has a combined total of
30 years of eligibility service as provided in subsection (a)(2)(ii) of this section.
(2) A member is entitled to receive a normal service retirement
allowance that equals:
(i) an allowance based on the creditable service the member
earned in the Employees' Pension System;
(ii) an allowance based on the creditable service the member
earned in the Employees' Retirement System;
(iii) an allowance based on the creditable service the member
earned in the Teachers' Pension System; plus
(iv) an allowance based on the creditable service the member
earned in the Teachers' Retirement System.
31-112.
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(a) Subject to subsection (b) of this section, an employee of a participating
governmental unit who is a member of one of the employees' systems is entitled to the
benefits to which State employees are entitled under that system.
(b) (1) An employee of a participating governmental unit that has elected to
participate in:
(I) the contributory pension benefit option under § 31-116 of this
subtitle shall be subject to Title 23, Subtitle 2, Part II of this article; OR
(II) THE MODIFIED CONTRIBUTORY BENEFIT OPTION ALTERNATE
CONTRIBUTORY PENSION SELECTION UNDER § 31-116.1 OF THIS SUBTITLE SHALL BE
SUBJECT TO TITLE 23, SUBTITLE 2, PART II III OF THIS ARTICLE.
(2) An employee of a participating governmental unit that has not
elected to participate in:
(I) the contributory pension benefit option under § 31-116 of this
subtitle is not subject to Title 23, Subtitle 2, Part II of this article; OR
(II) THE MODIFIED CONTRIBUTORY BENEFIT OPTION ALTERNATE
CONTRIBUTORY PENSION SELECTION UNDER § 31-116.1 OF THIS SUBTITLE IS NOT
SUBJECT TO TITLE 23, SUBTITLE 2, PART II III OF THIS ARTICLE.
31-116.1.
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(A) ON OR BEFORE JUNE 30, 2007, A PARTICIPATING GOVERNMENTAL UNIT
MAY ELECT TO PROVIDE ITS EMPLOYEES WITH THE ALTERNATE CONTRIBUTORY
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- 691 -
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