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§ 30-303. Election to join pension or retirement system or participate in program

West's Annotated Code of MarylandState Personnel and PensionsEffective: June 1, 2020

West's Annotated Code of Maryland
State Personnel and Pensions (Refs & Annos)
Division II. Pensions [Titles 20-34] (Refs & Annos)
Title 30. Optional Retirement Program
Subtitle 3. Participation (Refs & Annos)
Effective: June 1, 2020
MD Code, State Personnel and Pensions, § 30-303
§ 30-303. Election to join pension or retirement system or participate in program
Currentness
In general
(a) An eligible employee shall elect to:
(1) join a pension or retirement system in accordance with the provisions of this Division II applicable to that system; or
(2) participate in the program.
Form and filing of election
(b) An eligible employee shall:
(1) make an election under this section in writing; and
(2) file the election with the Board of Trustees and the employing institution at commencement of employment.
Nature of election
(c) An eligible employee's election under this section is a one-time, irrevocable election.
Effective date of election
(d) The effective date of the election shall be the day of commencement of employment.

Credits

Added by Acts 1994, c. 6, § 2, eff. Oct. 1, 1994. Amended by Acts 1995, c. 371, § 1, eff. Oct. 1, 1995; Acts 2007, c. 334, § 2, eff. Oct. 1, 2007; Acts 2017, c. 271, § 1, eff. July 1, 2017; Acts 2017, c. 272, § 1, eff. July 1, 2017; Acts 2019, c. 348, § 1, eff. July 1, 2019; Acts 2020, c. 588, § 1, eff. June 1, 2020.
MD Code, State Personnel and Pensions, § 30-303, MD ST PERS & PENS § 30-303
Current through legislation effective through April 25, 2024, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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