WILLIAM DONALD SCHAEFER, Governor

Ch. 6

Defined term: "State system" § 37-101

(I) NEW SYSTEM.

"NEW SYSTEM" MEANS THE RETIREMENT OR PENSION SYSTEM INTO WHICH AN
INDIVIDUAL TRANSFERS.

REVISOR'S NOTE: This subsection is new language added for clarity.

(J) NONCONTRIBUTORY SYSTEM.

"NONCONTRIBUTORY SYSTEM" MEANS A STATE OR LOCAL RETIREMENT OR
PENSION SYSTEM UNDER WHICH MEMBER CONTRIBUTIONS ARE NOT DEDUCTED
FROM ALL COMPENSATION.

REVISOR'S NOTE: This subsection is new language added to avoid repetition of
the phrase "under which member contributions are not deducted from all
compensation".

Defined terms: "Member contribution" § 37-101

"State or local retirement or pension system" § 37-101

(K) PENSION.

"PENSION":

(1)      WHEN USED IN RELATION TO A STATE SYSTEM, HAS THE MEANING
STATED IN § 20-101 OF THIS ARTICLE; AND

(2)      WHEN USED IN RELATION TO A LOCAL RETIREMENT OR PENSION
SYSTEM, HAS THE MEANING MOST CLOSELY ANALOGOUS TO THE MEANING STATED
IN § 20-101 OF THIS ARTICLE WITHIN THE CONTEXT OF THE LOCAL RETIREMENT OR
PENSION SYSTEM.

REVISOR'S NOTE: This subsection is new language added for clarity.

Defined term: "State system" § 37-101

(L) PREVIOUS SYSTEM.

"PREVIOUS SYSTEM" MEANS THE RETIREMENT OR PENSION SYSTEM FROM
WHICH AN INDIVIDUAL TRANSFERS.

REVISOR'S NOTE: This subsection is new language added for clarity.

(M) RETIREMENT.

"RETIREMENT":

(1) WHEN USED IN RELATION TO A STATE SYSTEM, HAS THE MEANING
STATED IN § 20-101 OF THIS ARTICLE; AND

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