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§ 31-301. Definitions

West's Annotated Code of MarylandState Personnel and PensionsEffective: July 1, 2017

West's Annotated Code of Maryland
State Personnel and Pensions (Refs & Annos)
Division II. Pensions [Titles 20-34] (Refs & Annos)
Title 31. Participating Governmental Units
Subtitle 3. Withdrawal by a Participating Governmental Unit (Refs & Annos)
Effective: July 1, 2017
MD Code, State Personnel and Pensions, § 31-301
§ 31-301. Definitions
Currentness
In general
(a) In this subtitle the following words have the meanings indicated.
Employees’ system
(b) “Employees' system” has the meaning stated in § 31-101 of this title.
Legislative body
(c) “Legislative body” has the meaning stated in § 31-101 of this title.
Local pension system
(d) “Local pension system” means a retirement or pension system established by the legislative body of an eligible governmental unit that is a qualified plan under § 401(a) of the Internal Revenue Code and provides a defined benefit to its participants.
State system
(e) “State system” has the meaning stated in § 20-101(pp) of this article.
Withdrawal date
(f) “Withdrawal date” means the date that a withdrawal by a participating governmental unit from a State system takes effect.

Credits

Added by Acts 1994, c. 6, § 2, eff. Oct. 1, 1994. Amended by Acts 1998, c. 494, § 1, eff. Oct. 1, 1998; Acts 2006, c. 258, § 1, eff. July 1, 2006; Acts 2009, c. 396, § 1, eff. July 1, 2009; Acts 2010, c. 580, § 2, eff. July 1, 2010; Acts 2017, c. 271, § 1, eff. July 1, 2017; Acts 2017, c. 272, § 1, eff. July 1, 2017.
MD Code, State Personnel and Pensions, § 31-301, MD ST PERS & PENS § 31-301
Current through legislation effective through May 9, 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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