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Session Laws, 1985
Volume 760, Page 3524   View pdf image
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3524

LAWS OF MARYLAND

Ch. 746

(II) A CREDIT OF ELIGIBILITY SERVICE UNDER THIS
PARAGRAPH IS ALLOWED ONLY IF:

1.  THE NUMBER OF CONSECUTIVE 1-YEAR
BREAKS IN SERVICE OF THE FORMER MEMBER DOES NOT AT LEAST EQUAL
THE AGGREGATE NUMBER OF YEARS OF ELIGIBILITY SERVICE RENDERED AS
A MEMBER OF THE PENSION SYSTEM FOR EMPLOYEES BEFORE THE BREAK IN
SERVICE, DETERMINED AS OF THE TIME OF THE BREAK IN SERVICE,
EXCLUDING ANY ELIGIBILITY SERVICE DISREGARDED UNDER § 114 OF THIS
ARTICLE BECAUSE OF ANY PRIOR BREAK IN SERVICE; OR

2.  THE FORMER MEMBER WAS ENTITLED TO A
VESTED RETIREMENT ALLOWANCE FROM THE PENSION SYSTEM FOR EMPLOYEES
AT THE TIME OF THE BREAK IN SERVICE.

(C) ON A CREDIT OF ELIGIBILITY SERVICE UNDER
PARAGRAPH (A) OR PARAGRAPH (B) OF THIS SUBSECTION, THE FORMER
MEMBER OF THE PENSION SYSTEM FOR EMPLOYEES HAS NO FURTHER RIGHTS
IN THAT PENSION SYSTEM FOR EMPLOYEES.

144.

(7) Any creditable service to which a member restored to
service was entitled at the time of his previous termination of
service that is included in the eligibility service restored OR
CREDITED under § 143(5) OR (6) of this subtitle shall be restored
OR CREDITED to him provided he repays the amount of any
accumulated contributions or any lump sum settlement received on
his prior termination of service, with interest at a rate to be
established from time to time by the board of trustees. However,
that member may waive the repayment of the accumulated
contributions, in which case, on retirement, any service
retirement allowance or any ordinary disability retirement
allowance payable to the member shall be reduced by the actuarial
equivalent of the contributions that he had not repaid, with
interest to date of retirement.

SECTION 2. AND BE IT FURTHER ENACTED, That the provisions
of this Act shall apply to any former member of the pension
system for teachers or the pension system for employees who was
restored to service in either the pension system for teachers or
the pension system for employees from January 1, 1980.

SECTION 3. AND BE IT FURTHER ENACTED, That this Act shall
take effect July 1, 1985.

Approved May 28, 1985.

 

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Session Laws, 1985
Volume 760, Page 3524   View pdf image
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