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Session Laws, 1999
Volume 796, Page 1686   View pdf image
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32-205.

(a) For each participating employee who makes contributions under § 32-204
of this subtitle, the State shall contribute to the applicable State supplemental plan
employer contributions an amount equal to the lesser of the participating employee's
contributions or $600 per fiscal year.

(b) (1) This subsection applies to participating employees who are paid
through the Central Payroll Bureau.

(2) As payrolls are paid, the Central Payroll Bureau shall pay the
employer contributions to the applicable State supplemental plan as directed by the
Supplemental Board.

(3) The payments shall be charged against the budgets of the units
employing the participating employees.

(4) If a participating employee's salary is paid from special funds or
federal funds, or both, the employer contribution for that employee shall be paid from
those funds.

(c) (1) This subsection applies to participating employees who are not paid
through the Central Payroll Bureau.

(2) The Supplemental Board shall provide by regulation how employer
contributions and participating employee contributions are to be made.

(3) The payments shall be charged against the budgets of the units
employing the participating employees who are employed by the State.

(4) If a participating employee's salary is paid from special funds or
federal funds, or both, the employer contribution shall be paid from those funds.

32-207.

(A) A STATE SUPPLEMENTAL PLAN THAT IS AUTHORIZED FOR ELIGIBLE
EMPLOYEES BY AN EMPLOYING INSTITUTION AS DEFINED IN § 30-101 OF THIS
ARTICLE MAY BE OFFERED ONLY ON THE SAME BASIS AND TO THE SAME CLASS OF
EMPLOYEES AS AUTHORIZED UNDER CHAPTER 619, § 2 OF THE ACTS OF THE
GENERAL ASSEMBLY OF 1996.

(B) THE SUPPLEMENTAL BOARD THE EMPLOYING INSTITUTION, IN
CONSULTATION WITH THE STATE RETIREMENT AGENCY, SHALL DETERMINE WHICH
EMPLOYEES OF AN EMPLOYING ITS INSTITUTION ARE ELIGIBLE EMPLOYEES.

SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall take effect
July 1, 1999.

 

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Session Laws, 1999
Volume 796, Page 1686   View pdf image
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