|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Ch. 61
|
|
|
|
|
|
2000 LAWS OF MARYLAND
|
|
|
|
|
|
|
|
|
|
4- 122.
(a) (1) In this [section,] SECTION the following words shall have the
meanings indicated.
DRAFTER'S NOTE:
Error: Extraneous comma in § 4-122(a)(l) of the Education Article.
Occurred: Ch. 123, Acts of 1986.
5- 202.
(g) (1) The [governing body for] Montgomery County BOARD shall
[appropriate] PROVIDE from the Montgomery County Public Schools Employees'
Pension System Trust [to the school operating budget an amount to fund] the
supplemental retirement allowance required under paragraph (2) of this subsection.
(2) (i) The [County governing body] MONTGOMERY COUNTY BOARD,
THROUGH THE MONTGOMERY COUNTY PUBLIC SCHOOLS EMPLOYEES' PENSION
SYSTEM TRUST, shall pay a supplemental retirement allowance to an employee of the
County Board who retires on or after July 1, 1999, as a member of the Teachers'
Pension System of the State of Maryland.
(ii) The supplemental retirement allowance shall equal the product
of the member's years of creditable service earned in the Montgomery County public
schools employees' pension system times the sum of:
1. 0.08% of the retiree's average final compensation that does
not exceed the Social Security integration level; and
2. 0.15% of the retiree's average final compensation that
exceeds the Social Security integration level.
DRAFTER'S NOTE:
Error: Incorrect references to county entity in § 5-202(g) of the Education
Article and technical errors noted in a bill review letter by the Attorney
General dated May 21, 1999.
Occurred: Ch. 632, Acts of 1999.
5-212.
(e) (2) The plan shall describe the local education agency's intended use of
funding from Maryland Learning Success Program grants, federal class size
reduction initiative grants provided in Public Law 105-277, and any other federal
funds provided specifically for the purpose of adding teachers.
DRAFTER'S NOTE:
Error: Omitted comma in § 5-212(e)(2) of the Education Article.
Occurred: Chs. 513 and 514, Acts of 1999. Correction by the publisher of
|
|
|
|
|
|
|
|
|
|
- 510 -
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
 |
