Volume 773, Page 586 View pdf image |
Ch. 6 1994 LAWS OF MARYLAND (2) 1.5% OF THE MEMBER'S AVERAGE FINAL COMPENSATION THAT (C) SAME — NO SOCIAL SECURITY CONTRIBUTIONS. (1) THIS SUBSECTION APPLIES TO A MEMBER: (I) WHO HAS NOT TRANSFERRED FROM THE EMPLOYEES' (II) WHOSE EMPLOYER DOES NOT CONTRIBUTE TO SOCIAL . (2) ON RETIREMENT UNDER THIS SECTION, A MEMBER IS ENTITLED TO (D) SAME — TRANSFEREES FROM EMPLOYEES' RETIREMENT SYSTEM. (1) THIS SUBSECTION APPLIES TO A MEMBER WHO HAS TRANSFERRED (2) ON RETIREMENT UNDER THIS SECTION, A MEMBER IS ENTITLED TO (I) 2% OF THE MEMBER'S AVERAGE FINAL COMPENSATION (II) 1% OF THE MEMBER'S AVERAGE FINAL COMPENSATION REVISOR'S NOTE: This section is new language derived without substantive Throughout this section, the word "normal" is added to modify "service In subsection (a) of this section, the word "effective", which formerly modified Defined terms: "Average final compensation" § 20-101 - 586 -
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Volume 773, Page 586 View pdf image |
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