|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
PARRIS N. GLENDENING, Governor
|
|
Ch. 373
|
|
|
|
|
|
|
|
|
|
|
subject to provisions of law concerning transfers between State and local
retirement or pension systems under certain circumstances; clarifying that
eligibility service for a member who has transferred between the Employees'
Retirement System and the Teachers' Retirement System includes eligibility
service recognized under the previous system; clarifying that eligibility service
for a member who has transferred between the Employees' Pension System and
the Teachers' Pension System includes eligibility service recognized under the
previous system under certain circumstances; and generally relating to
transfers of service credit for members who transfer between a State employees'
retirement or pension system and a. State teachers' retirement or pension
system.
BY repealing and reenacting, with amendments,
Article - State Personnel and Pensions
Section 22-303, 23-304, and 37-201
Annotated Code of Maryland
(1997 Replacement Volume and 1999 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- 303.
Eligibility service for a member of the Employees' Retirement System or the
Teachers' Retirement System consists of service credit:
(1) for employment as a member;
(2) transferred from a retirement or pension system under Title 37 of
this article or Title 31, Subtitle 1 of this article;
(3) for military service, as provided in Title 38 of this article; [and]
(4) purchased under this subtitle; AND
(5) THAT EQUALS, FOR A MEMBER WHO HAS TRANSFERRED BETWEEN
THE EMPLOYEES' RETIREMENT SYSTEM AND THE TEACHERS' RETIREMENT SYSTEM,
THE MEMBER'S ELIGIBILITY SERVICE RECOGNIZED UNDER THE PREVIOUS SYSTEM
THROUGH THE DATE BEFORE THE MEMBER BECAME A MEMBER OF THE CURRENT
SYSTEM.
23- 304.
A member is entitled to eligibility service that equals:
(1) the member's service credit transferred from a retirement or pension
system under Title 37 of this article;
(2) for a member who has transferred to the Employees' Pension System
from the Employees' Retirement System or to the Teachers' Pension System from the
|
|
|
|
|
|
|
|
- 2115 -
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|