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§ 25-302. Calculation of service credit

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 25. Correctional Officers' Retirement System
Subtitle 3. Service Credit (Refs & Annos)
MD Code, State Personnel and Pensions, § 25-302
§ 25-302. Calculation of service credit
Regulations adopted by Board of Trustees
(a) Subject to subsections (b) and (c) of this section, the Board of Trustees shall adopt regulations that specify the period of employment in a year that is equal to 1 year of service credit.
Restrictions relating to service credit
(b) The Board of Trustees may not allow more than 1 year of service credit for a calendar year.
1 month of service credit if contribution made that month
(c) A member is entitled to receive 1 month of service credit for employment for a month or a part of a month if a member contribution is made in that month.

Credits

Added by Acts 1994, c. 6, § 2, eff. Oct. 1, 1994.
Formerly Art. 73B, § 7-301.
MD Code, State Personnel and Pensions, § 25-302, MD ST PERS & PENS § 25-302
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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