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Session Laws, 1994
Volume 773, Page 469   View pdf image
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WILLIAM DONALD SCHAEFER, Governor                               Ch. 6

Defined terms: "Allowance" § 20-101
"Board of Trustees" § 20-101
"Creditable service" § 20-101
"Employees' Pension System" § 20-101
"Member" § 20-101
"Member contribution" § 20-101
"Participating employer" § 20-101
"Retirement" § 20-101

"Selection A (Additional member contributions)" § 22-101
"Selection B (Limited cost-of-living adjustment)" § 22-101
"Selection C (Combination formula)" § 22-101
"Teachers' Pension System" § 20-101

SUBTITLE 3. SERVICE CREDIT.

22-301. IN GENERAL.

A MEMBER OF THE EMPLOYEES' RETIREMENT SYSTEM OR TEACHERS'
RETIREMENT SYSTEM IS ENTITLED TO:

(1)      ELIGIBILITY SERVICE AS PROVIDED IN §§ 22-303 THROUGH 22-307 OF
THIS SUBTITLE; AND

(2)      CREDITABLE SERVICE AS PROVIDED IN § 22-308 OF THIS SUBTITLE.

REVISOR'S NOTE: This section is new language added for clarity and to conform
to similar provisions in this Division II.

Throughout this subtitle, references to "eligibility service" are substituted for
references to "creditable service" in provisions that relate to service credit to
be recognized to determine eligibility for a benefit. See General Revisor's
Note to this Division II.

Defined terms: "Creditable service" § 20-101
"Eligibility service" § 20-101
"Employees' Retirement System" § 20-101
"Member" § 20-101
"Teachers' Retirement System" § 20-101

22-302. SERVICE CREDIT — RULES FOR COMPUTATION.

(A)     REGULATIONS.

SUBJECT TO SUBSECTIONS (B) THROUGH (D) OF THIS SECTION, THE BOARD OF
TRUSTEES SHALL ADOPT REGULATIONS THAT SPECIFY THE PERIOD OF
EMPLOYMENT IN A YEAR THAT IS EQUAL TO 1 YEAR OF SERVICE CREDIT.

(B)      MAXIMUM FOR EACH YEAR.

THE BOARD OF TRUSTEES MAY NOT ALLOW MORE THAN 1 YEAR OF SERVICE
CREDIT FOR A CALENDAR YEAR.

(C)     NORMAL WORKING TIME FOR YEAR.

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Session Laws, 1994
Volume 773, Page 469   View pdf image
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