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Session Laws, 1987
Volume 769, Page 844   View pdf image
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Ch. 134                                    LAWS OF MARYLAND

Article 73B - Pensions

168.

(a) (1) The legislative body of any municipal corporation
whose employees are members of the employees' retirement or
employees' pension systems may withdraw [its employees who
consent to the withdrawal,] and transfer [these employees] to a
local retirement system established by the municipal corporation
THE FOLLOWING MUNICIPAL EMPLOYEES WHO CONSENT TO THE WITHDRAWAL:

(I)  ALL EMPLOYEES OF THE MUNICIPAL CORPORATION;

(II)  FIREFIGHTERS;                                                           

(III)  LAW ENFORCEMENT PERSONNEL; OR

(IV) SUBJECT TO THE APPROVAL OF THE BOARD OF
TRUSTEES, ANY HOMOGENEOUS UNIT OF AT LEAST 10 EMPLOYEES.

(2) The withdrawal and transferal shall become
effective only at the end of the fiscal year, namely, June 30.

SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall
take effect July 1, 1987.

Approved April 29, 1987.                                                         

CHAPTER 134

(Senate Bill 92)

AN ACT concerning

Pensions - Purchase of Part-Time Municipal Service

FOR the purpose of permitting members of the State Employees' and
Teachers' Retirement Systems to purchase service credit for
part-time municipal service under certain circumstances.

BY repealing and reenacting, with amendments,

Article 73B - Pensions
       Section 9(12) and 85(10)

   Annotated Code of Maryland                                                                         

(1983 Replacement Volume and 1986 Supplement)

- 844 -

 

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Session Laws, 1987
Volume 769, Page 844   View pdf image
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