Ch. 6

1994 LAWS OF MARYLAND

The former reference to "this pension system" is deleted as unnecessary in
light of the broad reference to "pension systems".

Defined terms: "Member" § 20-101
"State system" § 20-101

29-305. IMMEDIATE VESTING FOR CONSTITUTIONAL OFFICERS.

(A)     "CONSTITUTIONAL OFFICER" DEFINED.

IN THIS SECTION, "CONSTITUTIONAL OFFICER" MEANS:

(1)      THE ATTORNEY GENERAL OF THE STATE;

(2)      THE COMPTROLLER OF THE STATE;

(3)      THE LIEUTENANT GOVERNOR OF THE STATE;
. (4) THE SECRETARY OF STATE; OR

(5) THE TREASURER OF THE STATE.

(B)     VESTING RIGHTS AND RETIREMENT ALLOWANCE.

(1)      A CONSTITUTIONAL OFFICER WHO IS A MEMBER OF THE
EMPLOYEES' PENSION SYSTEM:

(I)       ON TAKING OFFICE, HAS IMMEDIATE VESTING RIGHTS IN THE
EMPLOYEES' PENSION SYSTEM; AND

(II)     EXCEPT AS PROVIDED IN PARAGRAPH (2) OF THIS SUBSECTION,
IS ENTITLED TO A RETIREMENT ALLOWANCE AS PROVIDED IN TITLE 23, SUBTITLE 4
OF THIS ARTICLE.

(2)      THE RETIREMENT ALLOWANCE OF A CONSTITUTIONAL OFFICER
WHO SERVES AT LEAST ONE FULL TERM MAY NOT BE LESS THAN 10% OF THE
ANNUAL SALARY RECEIVED DURING THE CONSTITUTIONAL OFFICER'S LAST TERM.

REVISOR'S NOTE: This section is new language derived without substantive
change from former Art. 73B, § 4-415(f).

Defined terms: "Employees' Pension System" § 20-101
"Member" § 20-101
"Retirement allowance" § 20-101

SUBTITLE 4. COST-OF-LIVING ADJUSTMENTS.

PART I. DEFINITIONS.

29-401. DEFINITIONS.

(A) IN GENERAL.

IN THIS SECTION THE FOLLOWING WORDS HAVE THE MEANINGS INDICATED.

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