Ch. 616                                    1996 LAWS OF MARYLAND

SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall take effect
October 1, 1996.

Approved May 23, 1996.

CHAPTER 616
(House Bill 361)

AN ACT concerning

Teachers' Retirement System - Reemployment of Retirees

FOR the purpose of clarifying that the retirement allowance of a retiree certain retirees
of the Teachers' Retirement System who is are reemployed by certain employers is
not subject to a certain offset; providing for the application of this Act; and
generally relating to the computation of the retirement allowance of certain
reemployed retirees of the Teachers' Retirement System.

BY repealing and reenacting, with amendments,
Article - State Personnel and Pensions
Section 22-406
Annotated Code of Maryland
(1994 Volume and 1995 Supplement)

SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That the Laws of Maryland read as follows:

Article - State Personnel and Pensions

22-406.

(a)     Subject to subsection (b) of this section, a retiree who is receiving a service
retirement allowance may accept employment with a participating employer on a
permanent, temporary, or contractual basis, without any reduction in retirement
allowance, if the retiree immediately notifies the Board of Trustees:

(1)     of the retiree's intention to accept the employment; and

(2)     of the compensation that the retiree will receive.

(b)     (1) This subsection does not apply to:

(i) a retiree who has been retired for more than 10 years;

(ii) a retiree whose average final compensation was less than $10,000
and who is reemployed on a temporary or contractual basis; [or]

(iii) a retiree who is serving in an elected position as an official of a
participating governmental unit or as a constitutional officer for a county that is a
participating governmental unit; OR

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