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Session Laws, 1994
Volume 773, Page 4699   View pdf image
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GENERAL ASSEMBLY COMPENSATION COMMISSION

(e)     Board of Trustees. "Board of Trustees" means the Board of Trustees for the
State Retirement and Pension System established under § 21-103 of the State Personnel
and Pensions Article.

(f)      Creditable service. "Creditable service" means the service credit described in
§ 6(a) of this Item 3A.

(g)     Designated beneficiary. "Designated beneficiary" means an individual named
as the beneficiary by a participant in an acknowledged written designation filed with the
Board of Trustees.

(h) Eligible presiding officer. "Eligible presiding officer" means a legislator who
served as a presiding officer:

(1)     At the time of termination of the legislator's term of service; or

(2)     For at least 1 year during the legislator's term of service.

(i) Medical board. "Medical board" means a board of physicians established
under § 21-126 of the State Personnel and Pensions Article.

(j) Member. "Member" means:

(1)     A legislator who elects to join the Legislative Pension Plan during the
legislator's term of office; and

(2)     A former legislator who:

(i) Elected to join the Legislative Pension Plan during the legislator's
term of office;

(ii) Has not withdrawn the member's accumulated contributions; and

(iii) Is not currently receiving a retirement allowance.

(k) Member contribution. "Member contribution" means:

(1)     A contribution that is deducted from a member's salary as required by §
5 of this Item 3A; and

(2)     An employer pickup contribution.

(1) Participant. "Participant" means a member or a retiree.

(m) Presiding officer. "Presiding officer" means the President of the Senate or the
Speaker of the House of Delegates.

(n) Regular interest. "Regular interest" means interest at the rate being paid by
the Board of Trustees to members of the Employees' Retirement System compounded
annually.

(o) Resolution. "Resolution" means the Resolution of the General Assembly
Compensation Commission effective January 11, 1995.

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Session Laws, 1994
Volume 773, Page 4699   View pdf image
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