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Ch. 373
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2000 LAWS OF MARYLAND
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Teachers' Retirement System, the member's creditable service recognized under the
previous system through the date before the member became a member of the current
system; [and]
(3) for a member of the Employees' Pension System, the member's
service credit transferred from a retirement or pension system under Title 31,
Subtitle 1 of this article; AND
(4) FOR A MEMBER WHO HAS TRANSFERRED BETWEEN THE
EMPLOYEES' PENSION SYSTEM AND THE TEACHERS' PENSION SYSTEM, THE
MEMBER'S ELIGIBILITY SERVICE UNDER THE PREVIOUS SYSTEM THROUGH THE
DATE BEFORE THE MEMBER BECAME A MEMBER OF THE CURRENT SYSTEM IF THE
MEMBER:
(I) IS NOT SUBJECT TO THE CONTRIBUTORY PENSION BENEFIT
UNDER SUBTITLE 2, PART II OF THIS TITLE IN THE CURRENT AND PREVIOUS
SYSTEMS; OR
(II) IS SUBJECT TO THE CONTRIBUTORY PENSION BENEFIT UNDER
SUBTITLE 2, PART II OF THIS TITLE IN THE CURRENT AND PREVIOUS SYSTEMS.
37-201.
(a) Subject to subsection (b) of this section, this title applies to transfers from
a State or local retirement or pension system to another State or local retirement or
pension system only if:
(1) each system is operated on an actuarial basis; and
(2) under each system contributions that are computed to be sufficient to
provide the reserves needed to cover the benefits payable on account of the system's
members are made during the employment of members.
(b) This title does not apply to:
(1) a transfer to the Judges' Retirement System of the State of Maryland;
(2) a transfer to or from the Legislative Pension Plan of the State of
Maryland except to the extent provided by the Joint Resolution submitted to the
General Assembly by the General Assembly Compensation Commission under Article
III, § 15 of the Maryland Constitution;
(3) a transfer from the Employees' Retirement System of the State of
Maryland to the Employees' Pension System of the State of Maryland under § 22-212
or § 22-213 of this article;
(4) a transfer from the Teachers' Retirement System of the State of
Maryland to the Teachers' Pension System of the State of Maryland under § 22-212 or
§ 22-213 of this article; [or]
(5) a transfer from the Employees' Retirement System of the State of
Maryland or the Employees' Pension System of the State of Maryland to the Law
Enforcement Officers' Pension System of the State of Maryland;
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- 2116 -
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