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Session Laws, 1994
Volume 773, Page 709   View pdf image
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WILLIAM DONALD SCHAEFER, Governor                            Ch. 6

(2)     During the period from January 1, 1987 through July 10, 1990, both
inclusive, the person became a member of or became vested in the Pension System for
Employees of the State of Maryland;

(3)     The person received a return of accumulated contributions under [§
2-204(b) or § 2-205(b) of this subtitle] § 22-212(B) OR § 22-213(B) OF THE STATE
PERSONNEL AND PENSIONS ARTICLE and transferred the taxable portion of the refund
to a duly qualified individual retirement account;

(4)     The person returns to the Board of Trustees the accumulated
contributions together with the interest previously refunded;

(5)     The person pays to the Board of Trustees any appreciation or earnings
in the person's individual retirement account and other amounts that the Board
determines; and

(6)     The person satisfies any and all additional eligibility criteria established
by the Board of Trustees.

(b) A person described in subsection (a)(1), (2), and (3) of this section or the
beneficiary of such a person may elect to participate in the Employees' Retirement
System of the State of Maryland upon the terms and conditions that the Board of
Trustees determines.

REVISOR'S NOTE: This section formerly was Art. 73B, § 2-206.

Former § 2-206 is not retained in the Code because, as it related to
membership in the Employees' Retirement System, it is apparently obsolete
because the system is closed to new members. However, it is transferred to the
Session Laws to avoid any inadvertent substantive effect that its repeal might
have.

The only changes are in style.

[3-206.] 2.

(a) A person may revoke the waiver of benefits the person filed under [§ 3-204(a)
or § 3-205(a) of this subtitle] § 22-212(A) OR § 22-213(A) OF THE STATE PERSONNEL
AND PENSIONS ARTICLE and join the Teachers' Retirement System of the State of
Maryland on the terms and conditions that the Board of Trustees provides if:

(1)     The person was a member of this retirement system;

(2)     During the period from January 1, 1987 through July 10, 1990, both
inclusive, the person became a member of or became vested in the Pension System for
Teachers of the State of Maryland;

(3)     The person received a return of accumulated contributions under [§
3-204(b) or § 3-205(b) of this subtitle] § 22-212(B) OR § 22-213(B) OF THE STATE
PERSONNEL AND PENSIONS ARTICLE and transferred the taxable portion of the refund
to a duly qualified Individual Retirement Account;

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Session Laws, 1994
Volume 773, Page 709   View pdf image
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