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Session Laws, 2004
Volume 801, Page 16   View pdf image
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Ch. 4                                       2004 LAWS OF MARYLAND

employees to deposit a certain amount of money into a certain fund; reducing
certain retirees' allowances if a certain amount of money is not deposited into a
certain fund; and generally relating to service credit for certain members of the
State Retirement and Pension System who were employed by a private vendor
to provide child support enforcement services in Baltimore City.

BY adding to

Article - State Personnel and Pensions

Section 22-305.1 and 23-307.4

Annotated Code of Maryland

(1997 Replacement Volume and 2002 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

22-305.1.

(A)     THIS SECTION APPLIES ONLY TO A MEMBER OF THE EMPLOYEES'
RETIREMENT SYSTEM WHO:

(1)      WAS AN EMPLOYEE OF THE STATE PRIOR TO NOVEMBER 1, 1996;

(2)      AS OF NOVEMBER 1, 1996 WAS EMPLOYED BY A PRIVATE VENDOR TO
PROVIDE CHILD SUPPORT ENFORCEMENT SERVICES IN BALTIMORE CITY; AND

(3)      RESUMED EMPLOYMENT WITH THE STATE AS OF NOVEMBER 1, 2002.

(B)     A MEMBER DESCRIBED IN SUBSECTION (A) OF THIS SECTION SHALL
RECEIVE
SERVICE CREDIT FOR THE TIME THE MEMBER WAS EMPLOYED BY A
PRIVATE VENDOR TO PROVIDE CHILD SUPPORT ENFORCEMENT SERVICES IN
BALTIMORE CITY PRIOR TO JULY 1, 1998.

(C) (1) A MEMBER DESCRIBED IN SUBSECTION (A) OF THIS SECTION IS
ENTITLED TO RECEIVE SERVICE CREDIT FOR THE TIME THE MEMBER WAS
EMPLOYED BY A PRIVATE VENDOR TO PROVIDE CHILD SUPPORT ENFORCEMENT
SERVICES IN BALTIMORE CITY FROM JULY 1, 1998 THROUGH PRIOR TO OCTOBER 31,
2002.

(2)      ON OR BEFORE JUNE 30, 2008 PRIOR TO THE MEMBER'S DATE OF
RETIREMENT, AND SUBJECT TO PARAGRAPH (3) OF THIS SUBSECTION, A MEMBER
WHO RECEIVES SERVICE CREDIT UNDER THIS SUBSECTION SHALL DEPOSIT IN THE
ANNUITY SAVINGS FUND OR OTHER CORRESPONDING FUND AN AMOUNT OF MONEY
EQUAL TO THE CONTRIBUTION PAYMENTS THAT THE MEMBER AND THE EMPLOYER
WOULD HAVE PAID HAD THE MEMBER BEEN A STATE EMPLOYEE, INCLUDING
REGULAR INTEREST ON THE CONTRIBUTIONS AT THE RATE OF 4% PER YEAR
COMPOUNDED ANNUALLY.

(3)      ON RETIREMENT, THE MEMBER'S RETIREMENT ALLOWANCE SHALL
BE REDUCED BY THE ACTUARIAL EQUIVALENT OF THE AMOUNT DETERMINED

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Session Laws, 2004
Volume 801, Page 16   View pdf image
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