WILLIAM DONALD SCHAEFER, Governor

Ch. 6

"Earnable compensation" § 20-101
"Member" § 20-101
"Pension reserve" § 20-101
"Retirement" § 20-101

24-307. CREDITABLE SERVICE.

CREDITABLE SERVICE ON WHICH THE ALLOWANCE OF A MEMBER IS BASED
CONSISTS OF:

(1)      ELIGIBILITY SERVICE; AND

(2)      CREDIT FOR UNUSED SICK LEAVE AS PROVIDED IN § 20-206 OF THIS
ARTICLE.

REVISOR'S NOTE: This section is new language derived without substantive
change from former Art. 73B, § 6-301, as it related to creditable service.

The term "eligibility service" is substituted for "[m]embership service" and the
types of credit listed in former Art. 73B, § 6-301(1) and (2)(i) and (iii)
through (v) because those types of service credit equal eligibility service under
§ 24-303 of this subtitle.

Defined terms: "Allowance" § 20-101
"Creditable service" § 20-101
"Eligibility service" § 20-101
"Member" § 20-101

SUBTITLE 4. SERVICE RETIREMENT BENEFITS.

24-401. SERVICE RETIREMENT.

(A)     AGE AND SERVICE REQUIREMENT — AT MEMBER'S OPTION.

A MEMBER MAY RETIRE WITH A NORMAL SERVICE RETIREMENT ALLOWANCE
IF:

(1)      ON OR BEFORE THE DATE OF RETIREMENT, THE MEMBER:

(I)       HAS AT LEAST 25 YEARS OF ELIGIBILITY SERVICE; OR

(II)     IS AT LEAST 50 YEARS OLD; AND

(2)      THE MEMBER COMPLETES AND SUBMITS A WRITTEN APPLICATION
TO THE BOARD OF TRUSTEES, ON THE FORM THAT THE BOARD OF TRUSTEES
PROVIDES, STATING THE DATE WHEN THE MEMBER DESIRES TO RETIRE.

(B)      SAME — BY ORDER OF SUPERINTENDENT.

(1) SUBJECT TO THE APPROVAL OF THE BOARD OF TRUSTEES, THE
SUPERINTENDENT OF THE MARYLAND STATE POLICE MAY ORDER A MEMBER WHO
IS AT LEAST 50 YEARS OLD TO RETIRE ON THE FIRST DAY OF THE MONTH AFTER
THE MEMBER IS NOTIFIED OF THE SUPERINTENDENT'S ORDER.

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