WILLIAM DONALD SCHAEFER, Governor Ch. 5
(b) (1) Except as otherwise provided in paragraph (2) of this subsection, each
professional or clerical employee of the [New Community College of Baltimore]
BALTIMORE CITY COMMUNITY COLLEGE shall become a member of the Pension
System for Teachers of the State of Maryland as a condition of employment unless the
employee, if otherwise eligible, elects to participate in an optional retirement program
provided in accordance with Title 11 of this article.
(2) A former CCB employee who, at the time of employment by the [New
Community College of Baltimore] BALTIMORE CITY COMMUNITY COLLEGE, is a
member of the Teachers' Retirement System of the State of Maryland, shall remain a
member of that retirement system unless and until the employee files with the Board of
Trustees for the Maryland State Retirement and Pension Systems an executed waiver of
all benefits that might inure to the employee under the Teachers' Retirement System. At
the time, the employee shall become a member of the Pension System for Teachers of the
State of Maryland.
(c) (1) Except as otherwise provided in paragraph (4) of this subsection, each
nonprofessional and nonclerical employee of the [New Community College of
Baltimore] BALTIMORE CITY COMMUNITY COLLEGE shall become a member of the
Pension System for Employees of the State of Maryland as a condition of employment.
(2) Each nonclerical and nonprofessional former CCB employee shall
receive service credit in the Pension System for Employees of the State of Maryland for
prior service as a member of a Baltimore City Retirement or Pension System. This credit
shall be applied upon transfer of contributions in accordance with paragraph (3) of this
subsection.
(3) (i) When a nonclerical and nonprofessional former CCB employee is
employed by the [New Community College of Baltimore] BALTIMORE CITY
COMMUNITY COLLEGE, the employer contributions to the Baltimore City Pension and
Retirement Systems for the benefit of the employee shall be transferred, with interest, to
the Pension System for Employees of the State of Maryland.
(ii) The amount to be transferred shall be determined by actuarial
valuation, performed by the actuary under contract with the Board of Trustees of the
Maryland State Retirement and Pension Systems, and the cost of the valuation shall be
borne equally by both systems.
(iii) The employee's accumulated contributions to the Baltimore City
Pension and Retirement Systems, if any, shall be refunded to the employee upon request.
(4) (i) A nonclerical and nonprofessional former CCB employee who, at
the time of employment by the [New Community College of Baltimore] BALTIMORE
CITY COMMUNITY COLLEGE, is a "Class A" member of the Baltimore City Retirement
Plan may, at the employee's option, remain a member of that plan instead of joining the
Pension System for Employees of the State of Maryland.
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