WILLIAM DONALD SCHAEFER, Governor Ch. 6
Also in subsection (a) of this section, the former references to "90 days
before" the transfer are deleted to reflect long-standing administrative
practice and to conform to §§ 23-202 and 23-207 of this article, which provide
for membership in the Employees' Pension System and Teachers' Pension
System, respectively, for transferees from the Employees' Retirement System
and Teachers' Retirement System, respectively.
In subsection (a)(1) of this section, the references to an individual's
membership in the "Employees' Retirement System" and "Teachers'
Retirement System" are added to reflect the consolidation of provisions for
the two State systems in this section. Correspondingly, in subsections (a)(2),
(b)(2) and (4), and (c)(1) of this section, the references to the "system in
which the individual" is a member or is transferring are substituted for the
specific references to particular pension systems.
In subsection (b)(1) of this section, the former definitions of "accumulated
contributions" are revised as a scope provision to avoid conflicting definitions.
In subsection (b)(3)(ii) of this section, the term "earnable compensation" is
substituted for the former references to "normal rates of earnings" for clarity
and consistency.
In subsections (b)(4) and (c)(1) and (2) of this section, the references to the
"Board of Trustees" are added for clarity.
In subsection (b)(4) of this section, the reference to "regular interest" is
added for clarity and to reflect the use of the defined term "member
contribution" instead of the former defined term "accumulated
contributions".
In subsection (c)(2) of this section, the reference to "regular interest" is added
to conform to subsection (b)(4) of this section.
Defined terms: "Additional contribution" § 20-101
"Board of Trustees" § 20-101
"Earnable compensation" § 20-101
"Employees' Pension System" § 20-101
"Employees' Retirement System" § 20-101
"Employer pickup contribution" § 20-101
"Member" § 20-101
"Member contribution" § 20-101
"Regular interest" § 20-101
"Taxable wage base" § 20-101
"Teachers' Pension System" § 20-101
"Teachers' Retirement System" § 20-101
22-213. TRANSFER OF VESTED RIGHTS.
(A) ELECTION TO VEST IN PENSION SYSTEM.
(1) A FORMER MEMBER WHO HAS ELECTED A VESTED ALLOWANCE
UNDER § 29-302 OF THIS ARTICLE MAY ELECT TO BE VESTED IN:
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