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Session Laws, 1994
Volume 773, Page 526   View pdf image
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Ch. 6                                            1994 LAWS OF MARYLAND

(2)      WITHDRAWS THE MEMBER'S ACCUMULATED CONTRIBUTIONS;

(3)      BECOMES A RETIREE; OR

(4)      DIES.

REVISOR'S NOTE: This section formerly was Art. 73B, § 6-203.

In item (1) of this section, the word "separated" is substituted for the former
reference to being "absent" from employment for consistency with Division I
of this article. No substantive change is intended by the change in terminology.
However, the State Personnel and Pensions Article Review Committee notes,
for consideration by the General Assembly, that this item may be ambiguous
with respect to unpaid leaves of absence.

The only other changes are in style.

Defined terms: "Accumulated contributions" § 20-101
"Member" § 20-101
"Retiree" § 20-101                     

SUBTITLE 3. SERVICE CREDIT.

24-301. IN GENERAL.                               

A MEMBER IS ENTITLED TO:

(1)      ELIGIBILITY SERVICE AS PROVIDED IN §§ 24-303 THROUGH 24-306 OF
THIS SUBTITLE; AND

(2)      CREDITABLE SERVICE AS PROVIDED IN § 24-307 OF THIS SUBTITLE.

REVISOR'S NOTE: This section is new language added for clarity and to conform
to similar provisions elsewhere 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
"Member" § 20-101

24-302. SERVICE CREDIT — RULES FOR COMPUTATION.

(A)     REGULATIONS.

SUBJECT TO SUBSECTIONS (B) AND (C) 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.

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Session Laws, 1994
Volume 773, Page 526   View pdf image
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