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§ 31-116. Election of governmental unit to provide contributory pension benefit

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 31. Participating Governmental Units
Subtitle 1. Participation in Employees' Systems (Refs & Annos)
MD Code, State Personnel and Pensions, § 31-116
§ 31-116. Election of governmental unit to provide contributory pension benefit
In general
(a) On or before December 31, 2002, a participating governmental unit may elect to provide its employees with the contributory pension benefit under Title 23 of this article as provided in this section by submitting its election on a form provided by the State Retirement Agency.
Employee benefits
(b)(1) If a participating governmental unit elects to provide its employees with the contributory pension benefit under Title 23 of this article, an employee of the participating governmental unit who is a member of the Employees' Pension System shall be entitled to the benefits as provided in § 23-218 of this article, effective on the later of July 1, 1998, or the date the employee became a member of the Employees' Pension System, unless the employee transferred to the Employees' Pension System after April 1, 1998.
(2) If an employee of a participating governmental unit transferred to the Employees' Pension System after April 1, 1998, the employee is not subject to Title 23, Subtitle 2, Part II of this article and is not entitled to the benefits as provided in § 23-218 of this article.
Election irrevocable
(c) An election by a participating governmental unit under this section is irrevocable.

Credits

Added by Acts 1999, c. 176, § 1, eff. July 1, 1999. Amended by Acts 2002, c. 341, § 1, eff. July 1, 2002.
MD Code, State Personnel and Pensions, § 31-116, MD ST PERS & PENS § 31-116
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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