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Session Laws, 1992, April and November Special Sessions
Volume 809, Page 187   View pdf image
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WILLIAM DONALD SCHAEFER, Governor

Ch. 1

Article 73B - Pensions

1-104.

(1) Whenever an audit of the records of a school system, public library, or
educational institution reveals that the system, library, or institution owes money to the
Accumulation Fund of the Teachers' Retirement System, any delinquent payment may be
collected by the State Retirement Agency in the manner set forth in §§ 5-202.1,
[16-403.3] 16-403.1, and 23-403.1 of the Education Article [for recovery of delinquent
social security payments].

3-504.

(c) Notwithstanding any other provision of this article or other statute, the State
of Maryland shall make contributions to the retirement and pension system[, and
contributions for the employer's share for social security,] for the benefit of the
professional and clerical employees of the department of public libraries of Montgomery
County and the Washington County Free Library in the same manner and to the same
extent as such contributions are made for the professional and clerical employees for
other county public libraries of this State under the terms and provisions of § 1-305 of
this article or other statute relating to such contributions. Contributions hereunder shall
be made to the retirement system in which such employees are members. The State of
Maryland shall continue to make such contributions for all professional and clerical
employees of the department of public libraries of Montgomery County after transfer to
the employees' retirement system of Montgomery County or such other qualified
retirement system as provided in subsection (a) of this section, as if such employees
continued under the retirement system. Provided, however, that Montgomery County
shall provide by ordinance, resolution, rule or regulation that upon transfer of an
employee the employers' and employees' contributions with credited interest shall be
transferred from the employees' retirement system of Montgomery County to such other
qualified retirement system.

SECTION 2. AND BE IT FURTHER ENACTED, That:

(a) Notwithstanding any other provision of law including Chapter 269 of the Acts
of the General Assembly of the Regular Session of 1992, and in addition to the authority
granted under § 7-213 of the State Finance and Procurement Article and any payments
required under Chapter 269 of the Acts of the General Assembly of the Regular Session
of 1992, for Fiscal Year 1993 the amounts due any county and Baltimore City may be
reduced by the Governor with the approval of the Board of Public Works as provided
below and as specified in subsection (b) of this section:

County                                                      Amount

Allegany                                                 $ 2,012,470

Anne Arundel                                          15,268,160

Baltimore City                                          16,146,868

Baltimore                                           20,622,755

Calvert                                                       1,762,936

Caroline                                                        825,595

Carroll                                                       4.097.390

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Session Laws, 1992, April and November Special Sessions
Volume 809, Page 187   View pdf image
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