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Session Laws, 1999
Volume 796, Page 1511   View pdf image
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(I) COMPLETE AND SUBMIT A WRITTEN ELECTION FORM TO THE
BOARD OF TRUSTEES, ON THE FORM THAT THE BOARD OF TRUSTEES PROVIDES,
STATING:

1. THE MEMBER'S INTENTION TO PARTICIPATE IN THE

DROP;

2. THE DATE WHEN THE MEMBER DESIRES TO RETIRE;

3. THE PERIOD THAT THE MEMBER DESIRES TO
PARTICIPATE IN THE DROP, AS PROVIDED IN SUBSECTION (D) OF THIS SECTION;

4. THE DATE WHEN THE MEMBER INTENDS TO TERMINATE
EMPLOYMENT WITH THE MARYLAND STATE POLICE IN THE FORM OF A BINDING
LETTER OF RESIGNATION ACCEPTED BY THE SECRETARY OF THE STATE POLICE OR
THE SECRETARY'S DESIGNEE; AND

5. ANY OTHER INFORMATION REQUIRED BY THE BOARD OF
TRUSTEES TO IMPLEMENT THE DROP; AND

(II) COMPLETE AND SUBMIT A WRITTEN RETIREMENT
APPLICATION FORM TO THE BOARD OF TRUSTEES, ON THE FORM THAT THE BOARD
OF TRUSTEES PROVIDES.

(2) AN ELIGIBLE MEMBER'S ELECTION TO PARTICIPATE IN THE DROP IS
IRREVOCABLE.

(F)  (1) A DROP MEMBER'S PARTICIPATION IN THE DROP SHALL COMMENCE
ON THE FIRST DAY OF THE MONTH FOLLOWING ACCEPTANCE BY THE BOARD OF
TRUSTEES OF THE DROP MEMBER'S COMPLETED ELECTION FORM, RETIREMENT
APPLICATION FORM, AND ANY OTHER INFORMATION REQUIRED BY THE BOARD OF
TRUSTEES.

(2) A DROP MEMBER IS A RETIREE OF THE STATE POLICE RETIREMENT

SYSTEM.

(G) PARTICIPATION IN THE DROP ENDS IF THE DROP PARTICIPANT:

(1) SEPARATES FROM EMPLOYMENT IN ACCORDANCE WITH THE
BINDING LETTER OF RESIGNATION SUBMITTED WITH THE MEMBER'S ELECTION
FORM;

(2) EXCEPT FOR THE SECRETARY OF THE STATE POLICE, ATTAINS AGE

60;

(3) DIES;

(4) IS TERMINATED FROM EMPLOYMENT BY THE MARYLAND STATE
POLICE AT ANY TIME BEFORE THE DATE SPECIFIED ON THE MEMBER'S ELECTION
FORM;

 

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Session Laws, 1999
Volume 796, Page 1511   View pdf image
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