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Session Laws, 1994
Volume 773, Page 484   View pdf image
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Ch. 6

1994 LAWS OF MARYLAND

Defined terms: "Accumulated contributions" § 20-101
"Board of Trustees" § 20-101
"Former member" § 20-101
"Retirement" § 20-101
"Retirement allowance" § 20-101

22-404. SPECIAL EARLY RETIREMENT.

(A)     "APPOINTED OFFICIAL" DEFINED.

IN THIS SECTION, "APPOINTED OFFICIAL" MEANS AN INDIVIDUAL APPOINTED
TO A PUBLIC OFFICE OF THE STATE WHO MEETS THE LEGAL CRITERIA FOR AN
APPOINTED OFFICIAL AS DETERMINED BY THE ATTORNEY GENERAL.

(B)      IN GENERAL.

THE BOARD OF TRUSTEES SHALL PAY A MEMBER OF THE EMPLOYEES'
RETIREMENT SYSTEM WHO QUALIFIES UNDER SUBSECTION (C) OF THIS SECTION A
PENSION EQUAL TO AN ORDINARY DISABILITY PENSION, REGARDLESS OF AGE, IF
THE MEMBER:

(1) HAS AT LEAST 16 YEARS OF CREDITABLE SERVICE; AND

(2) ELECTS TO HAVE THE MEMBER'S ACCUMULATED CONTRIBUTIONS
PAID AS AN ANNUITY OF EQUIVALENT ACTUARIAL VALUE INSTEAD OF
WITHDRAWING THE ACCUMULATED CONTRIBUTIONS.

(C)  ' ELIGIBILITY CRITERIA.

A MEMBER QUALIFIES FOR A PENSION UNDER SUBSECTION (B) OF THIS
SECTION IF THE MEMBER:

(1) (I) IS AN ELECTED OR APPOINTED OFFICIAL OF THE STATE AT
THE TIME OF APPLICATION FOR RETIREMENT; AND

(II) WAS INITIALLY AN ELECTED OR APPOINTED OFFICIAL OF THE
STATE BEFORE JULY 22, 1981;

(2) (I) IS AN ELECTED OR APPOINTED OFFICIAL OF THE STATE WHEN
SEPARATING. FROM EMPLOYMENT;,

(II)     WAS INITIALLY AN ELECTED OR APPOINTED OFFICIAL OF THE
STATE DURING THE PERIOD FROM JULY 22, 1981, THROUGH JUNE 30, 1982, BOTH
INCLUSIVE; AND

(III)    SEPARATED FROM EMPLOYMENT INVOLUNTARILY AS
CERTIFIED BY THE SECRETARY OF PERSONNEL; OR

(3) (I) WAS PROMOTED TO AN UNCLASSIFIED POSITION ON OR
BEFORE JUNE 30, 1982;

(II) HAS BEEN IN THE UNCLASSIFIED SERVICE OF THE STATE
CONTINUOUSLY FROM JUNE 30, 1982, UNTIL SEPARATING FROM EMPLOYMENT; AND

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Session Laws, 1994
Volume 773, Page 484   View pdf image
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