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Session Laws, 2002
Volume 800, Page 6073   View pdf image
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Resolution
(1) "Accumulated contributions" means the amounts credited to a member's
individual account in the annuity savings fund of the Employees' Retirement System for the
Legislative Pension Plan. (2) "Accumulated contributions" includes member contributions plus regular interest. (c) Allowance. "Allowance" means a benefit that is payable in equal monthly installments
for the life of the recipient, except as otherwise provided for an optional form of a benefit under §
12 of this Item 3A. (d) Beneficiary. "Beneficiary" means an individual other than a retiree in receipt of a benefit
under this Item 3A. (e) Board of Trustees. "Board of Trustees" means the Board of Trustees for the State
Retirement and Pension System established under § 21-103 of the State Personnel and Pensions.
Article.  (f) Creditable service. "Creditable service" means the service credit described
Item 3A.  (g) Designated beneficiary. "Designated beneficiary" means an individual named as the
beneficiary by a participant in an acknowledged written designation filed with the Board of Trustees. (h) Eligible presiding officer. "Eligible presiding officer" means a legislator who served as
a presiding officer: (1) At the time of termination of the legislator's term of service; or (2) For at least 1 year during the legislator's term of service. (i) Medical board. "Medical board" means a board of physicians established under §21-126
of the State Personnel and Pensions Article. (j) Member. "Member" means: (1) A legislator who elects to join the Legislative Pension Plan during the legislator's
term of office; and (2) A former legislator who: (i) Elected to join the Legislative Pension Plan during the legislator's term of
office; (ii) Has not withdrawn the member's accumulated contributions; and
6073


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Session Laws, 2002
Volume 800, Page 6073   View pdf image
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