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Session Laws, 1994
Volume 773, Page 472   View pdf image
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Ch. 6

1994 LAWS OF MARYLAND

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

22-304. SAME — PURCHASE OF SERVICE CREDIT AT MEMBER'S COST.

(A) IN GENERAL.                                           

A MEMBER MAY PURCHASE SERVICE CREDIT AS PROVIDED IN SUBSECTION (B)
OF THIS SECTION FOR PERIODS OF EMPLOYMENT DESCRIBED IN SUBSECTION (C) OR
(D) OF THIS SECTION FOR WHICH THE MEMBER IS NOT OTHERWISE ENTITLED TO
SERVICE CREDIT.

(B)      PAYMENT FOR SERVICE CREDIT.

(1)      A MEMBER WHO PURCHASES SERVICE CREDIT UNDER THIS SECTION
SHALL:

(I)       COMPLETE A CLAIM FOR THE SERVICE CREDIT AND FILE IT
WITH THE BOARD OF TRUSTEES ON A FORM THAT THE BOARD OF TRUSTEES
PROVIDES; AND

(II)     PAY TO THE BOARD OF TRUSTEES IN A SINGLE PAYMENT THE
MEMBER CONTRIBUTIONS THE MEMBER WOULD HAVE MADE FOR THE PERIOD OF
EMPLOYMENT FOR WHICH SERVICE CREDIT IS BEING PURCHASED PLUS REGULAR
INTEREST TO THE DATE OF PAYMENT.

(2)      A MEMBER MAY PAY FOR SERVICE CREDIT PURCHASED UNDER
THIS SECTION AT ANY TIME BEFORE RETIREMENT.

(C)      TYPES OF SERVICE. CREDIT — MEMBERS OF THE EMPLOYEES'
RETIREMENT SYSTEM.

(1) A MEMBER OF THE EMPLOYEES' RETIREMENT SYSTEM MAY
PURCHASE SERVICE CREDIT FOR A PERIOD OF EMPLOYMENT:

(I)       FROM JULY 1, 1970, TO JUNE 30, 1972, BOTH INCLUSIVE, DURING
WHICH A MEMBER ELECTED TO DELAY ENROLLMENT IN THE EMPLOYEES'
RETIREMENT SYSTEM;

(II)     FROM JANUARY 1, 1972, TO JULY 1, 1975, BOTH INCLUSIVE, FOR
WHICH A MEMBER HAS BEEN EMPLOYED BY A BOARD OF SUPERVISORS OF
ELECTIONS;

(III)    AS STAFF FOR THE COMMISSION TO REVISE THE ANNOTATED
CODE;

(IV)    BY THE DIVISION OF EMPLOYMENT SERVICE WHEN IT WAS
UNDER FEDERAL CONTROL;

- 472 -

 

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Session Laws, 1994
Volume 773, Page 472   View pdf image
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