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ROBERT L. EHRLICH, JR., Governor S.B. 665
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Senate Bill No. 665
AN ACT concerning
Employees' Pension System - Transfer of Service Credit
FOR the purpose of providing that certain members of the Employees' Pension
System may transfer certain service credit from the Correctional Officers'
Retirement System in a certain manner; requiring that certain members of the
Employees' Pension System who transfer certain service credit from the
Correctional Officers' Retirement System complete and file certain forms with
the Board of Trustees of the State Retirement and Pension System by a certain
date; providing for the termination of this Act; and generally relating to the
transfer of service credit for members of the Employees' Pension System.
SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That:
(a) This section applies to an individual who:
(1) on or before December 1, 1983, was employed as a correctional officer
and joined the Correctional Officers' Retirement System;
(2) on or before June 1, 1997, was employed as a Correctional Case
Management Specialist and joined the Employees' Pension System;
(3) prior to accepting employment as a Correctional Case Management
Specialist was eligible to receive a deferred vested allowance from the Correctional
Officers' Retirement System as early as December 1, 2006; and
(4) on January 1, 2005, had not transferred the years of creditable
service the individual had accrued in the Correctional Officers' Retirement System to
the Employees' Pension System.
(b) (1) An individual described in subsection (a) of this section may elect to
transfer to the Employees' Pension System the years of creditable service the
individual accrued in the Correctional Officers' Retirement System prior to joining
the Employees' Pension System.
(2) An individual who elects to transfer creditable service in paragraph
(1) of this subsection shall transfer the creditable service in accordance with Title 37
of the State Personnel and Pensions Article.
(c) To transfer service credit under subsection (b) of this section, an individual
shall complete a claim to transfer the service credit on a form provided by the Board
of Trustees for the State Retirement and Pension System and file it with the Board of
Trustees on or before December 31, 2005.
SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall take effect
July 1, 2005. It shall remain effective for a period of 6 months and at the end of
December 31, 2005, with no further action required by the General Assembly, this Act
shall be abrogated and of no further force and effect.
- 3765 -
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