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§ 23-403. Retirement after termination of membership

West's Annotated Code of MarylandState Personnel and Pensions

West's Annotated Code of Maryland
State Personnel and Pensions (Refs & Annos)
Division II. Pensions [Titles 20-34] (Refs & Annos)
Title 23. Employees' and Teachers' Pension Systems
Subtitle 4. Service Retirement Benefits (Refs & Annos)
MD Code, State Personnel and Pensions, § 23-403
§ 23-403. Retirement after termination of membership
Currentness
Application of section
(a) This section applies to a former member who:
(1) was eligible for a retirement allowance under § 23-401 or § 23-402 of this subtitle when the former member's membership terminated;
(2) did not submit a written application under § 23-401 or § 23-402 of this subtitle before membership terminated; and
(3) has not withdrawn the former member's accumulated contributions, if any.
No receipt of benefits for period before application submitted
(b)(1) A former member described in subsection (a) of this section may retire with a retirement allowance under § 23-401 or § 23-402 of this subtitle on the first day of the month after the Board of Trustees receives a written application for retirement from the former member.
(2) A former member who retires under this section may not receive benefits for the period before the former member submitted a completed application for retirement to the Board of Trustees.

Credits

Added by Acts 1994, c. 6, § 2, eff. Oct. 1, 1994.
Formerly Art. 73B, §§ 4-403, 5-403.
MD Code, State Personnel and Pensions, § 23-403, MD ST PERS & PENS § 23-403
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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