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Ch. 19
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2002 LAWS OF MARYLAND
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21- 307.
(j) (1) The Medical System, as defined in § 13-301(k) of the Education
Article, shall pay an annual accrued liability contribution equal to an amount that is
sufficient to liquidate, over not more than 5 years, the increase in the accrued liability
determined under [§ 21-304(d)] § 21-304(E)(2) of this subtitle that is attributable to
the retirement of Medical System university personnel, as defined in § 13-301(q) of
the Education Article, by means of annual payments that increase each year based on
actuarial assumptions adopted by the Board of Trustees on the recommendation of
the actuary.
DRAFTER'S NOTE:
Error: Incorrect cross-reference in § 21-307(j)(1) of the State Personnel
and Pensions Article.
Occurred: As a result of the merger of Chs. 530 and 675, Acts of 1998;
Chapter 583 of 2001; and an erroneous correction by the publisher of the
Annotated Code in the 2001 Supplement of the State Personnel and
Pensions Article. The correction to § 21-307(j)(1) corresponds to changes
made to § 21-304 of the State Personnel and Pensions Article as enacted
by this Act.
22- 406.
(b) (4) Except for an individual whose allowance is subject to a reduction as
provided under paragraphs [(1)(i)] (1)(III) and (3) of this subsection, the reduction of
an allowance under this subsection does not apply to:
(i) an individual who has been retired for more than 10 years;
(ii) an individual whose average final compensation was less than
$10,000 and who is reemployed on a temporary or contractual basis;
(iii) an individual who is serving in an elected position as an official
of a participating governmental unit or as a constitutional officer for a county that is
a participating governmental unit;
(iv) a retiree of the Teachers' Retirement System:
1. who retired and was reemployed by a participating
employer other than the State on or before September 30, 1994; and
2. whose employment compensation does not derive, in whole
or in part, from State funds;
(v) a retiree of the Teachers' Retirement System who:
1. is or has been certified to teach in the State;
2. has verification of satisfactory or better performance in
the last assignment prior to retirement;
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