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Session Laws, 1994
Volume 773, Page 479   View pdf image
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WILLIAM DONALD SCHAEFER, Governor

Ch. 6

Subsection (b) of this section is new language added to state expressly that
which formerly only was implied by the reference in former Art. 73B, §
2-306(a) to the Board of Trustees "receiving a claim".

In subsection (c)(3) of this section, the phrase "that receives a statement from
the Board of Trustees" is added for clarity.

In subsection (d) of this section, the clause "[o]n receiving a claim for service
credit as an official with the State" is added for clarity.

In subsection (d)(1) of this section, the phrase "compute the amount due from
the State" is added to state expressly that which only was implied in former
Art. 73B, § 2-306(a) — i.e., the Board of Trustees must compute the amount
before including it in the budget.

In subsection (e)(1)(ii) of this section, the phrase "plus regular interest" is
added to clarify the former reference to "such contributions" in light of the
requirement under subsection (e)(2) of this section that the allowance be
reduced by the actuarial equivalent of the unpaid contributions "plus
interest".

Also in subsection (e)(1)(ii) of this section, the phrase "but withdrew" is
deleted as surplusage.

In subsection (e)(2) of this section, the reference to the "Board of Trustees" is
added to clarify that the Board makes the appropriate reductions.

Defined terms: "Allowance" § 20-101
"Board of Trustees" § 20-101
"Employees' Retirement System" § 20-101
"Member" § 20-101
"Member contribution" § 20-101
"Participating governmental unit" § 20-101
"Regular interest" § 20-101
"Retirement" § 20-101

22-307. SAME — PURCHASE OF SERVICE CREDIT BY FORMER OFFICIAL.

A MEMBER OF THE EMPLOYEES' RETIREMENT SYSTEM WHO HAD SERVED AS
AN ELECTED OR APPOINTED OFFICIAL OF THE STATE OR A PARTICIPATING
GOVERNMENTAL UNIT MAY RECEIVE SERVICE CREDIT FOR THE PREVIOUS SERVICE
AS AN OFFICIAL INCLUDING SERVICE BEFORE THE ESTABLISHMENT OF THE
EMPLOYEES' RETIREMENT SYSTEM, IF THE MEMBER MAKES A SINGLE PAYMENT,
WITHIN THE PERIOD DETERMINED BY THE BOARD OF TRUSTEES, OF THE MEMBER
CONTRIBUTIONS, PLUS INTEREST, THAT THE BOARD OF TRUSTEES CONSIDERS
APPROPRIATE.

REVISOR'S NOTE: This section is new language derived without substantive
change from former Art. 73B, § 2-306(c).

The phrase "[n]otwithstanding any other provisions of this article" is deleted
because no other provisions in this Division II are in conflict with this section.

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Session Laws, 1994
Volume 773, Page 479   View pdf image
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