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ROBERT L. EHRLICH, JR., Governor Ch. 520
the Board of Trustees approves the member's retroactive participation in the DROP,
the Board of Trustees shall commence and continue payment of the normal service
retirement allowance, including the cost of living adjustments as provided in Title
20, Subtitle 1, Part III of the State Personnel and Pensions Article, to the member as
provided in §§ 26-401 and 26-402 of the State Personnel and Pensions Article.
(2) (ii) If a member dies before the Board of Trustees approves the
member's application to participate retroactively in the DROP, the Board of Trustees
shall pay 50% of the normal service retirement allowance, including the cost of living
adjustments as provided in Title 29, Subtitle 4, Part III of the State Personnel and
Pensions Article, to the beneficiary as provided in § 26-402 of the State Personnel and
Pensions Article.
(g) (e) (1) This subsection applies to an eligible member who elects to
participate in the DROP prospectively.
(2) Except as provided in paragraph (3) (2) of this subsection, an eligible
member shall participate in the DROP in accordance with the provisions of §
26-401.1 of the State Personnel and Pensions Article.
(3) (2) A member who participates in the DROP prospectively under
this Act, may elect to participate in the DROP for a period not to exceed the lesser of:
(i) 4 years;
(ii) the difference between the mandatory retirement age for the
member and the member's age as of the date that the member completes an
application under subsection (c) of this section to participate in the DROP; or
(iii) a term selected by the member.
SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall take effect
July 1, 2005. It shall remain effective for a period of 1 year and, at the end of June 30,
2006, with no further action required by the General Assembly, this Act shall be
abrogated and of no further force and effect.
Approved May 26, 2005.
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CHAPTER 520
(House Bill 50)
AN ACT concerning
POW/MIA Flag Display from on State House Grounds
FOR the purpose of requiring a certain POW/MIA flag to be flown from on the State
House grounds on certain days each year; defining a certain term; requiring the
State House Trust to determine the site on the State House grounds where the
POW/MIA flag will be flown; and generally relating to the display of the
POW/MIA flag from on the State House grounds.
- 3055 -
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