Ch. 6                                            1994 LAWS OF MARYLAND

(2) THE MEMBER SHALL PAY FOR SERVICE CREDIT PURCHASED UNDER
THIS SECTION:                                                                                      

(I)       IN A SINGLE PAYMENT AT RETIREMENT; OR

(II)     THROUGH A PAYROLL DEDUCTION OF NOT LESS THAN 2% OF
EARNABLE COMPENSATION, WITH THE APPROPRIATE FINAL ADJUSTMENT MADE AT
RETIREMENT.

(C) TYPES OF SERVICE CREDIT.

A MEMBER MAY PURCHASE SERVICE CREDIT FOR A PERIOD OF EMPLOYMENT
NOT EXCEEDING 10 YEARS FOR:

(1)       FEDERAL SERVICE; OR

(2)      OUT-OF-STATE SERVICE WITH A POLITICAL SUBDIVISION.

. REVISOR'S NOTE: This section is new language derived without substantive
change from former Art. 73B, § 6-305.

In subsection (a) of this section, the reference to service credit "for which the
member is not otherwise entitled" is added to. clarify that a member may not
receive duplicate service credit for the same period of employment.

In subsection (b)(1)(i) of this section, the reference to "complet[ing] a claim ...
on the form that the Board of Trustees provides" is added for clarity,
consistent with the practice of the Board of Trustees.

In subsection (b)(1)(ii) of this section, the reference to "the Board of
Trustees" is added to clarify to whom the payment is to be made.

        In subsection (b)(2)(ii) of this section, the defined term "earnable
            compensation" is substituted for the former reference to "annual salary per

             year" for accuracy.                                                                          

In subsection (c) of this section, the reference to "a combination of both"
kinds of service is deleted as implicit in the express entitlement to purchase
service credit for "federal service ... or ... out-of-state service with a political
subdivision".

The State Personnel and Pensions Article Review Committee notes, for
consideration by the General Assembly, that subsection (c) of this section
allows a member to purchase service credit for employment with a political
subdivision of another state, however, a member is not authorized to purchase
service credit for employment with a political subdivision of this State that
does not participate in the State Pension or Retirement System.

Defined terms: "Allowance" § 20-101
"Annuity reserve" § 20-101
"Board of Trustees" § 20-101

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