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§ 39-101. Definitions

West's Annotated Code of MarylandState Personnel and Pensions

West's Annotated Code of Maryland
State Personnel and Pensions (Refs & Annos)
Division III. Other Retirement and Pension Provisions [Titles 35-End] (Refs & Annos)
Title 39. Special Retirement or Pension Systems (Refs & Annos)
MD Code, State Personnel and Pensions, § 39-101
§ 39-101. Definitions
In general
(a) In this title the following words have the meanings indicated.
County
(b) “County” means a county of the State and, unless expressly provided otherwise, Baltimore City.
Special retirement or pension system
(c)(1) “Special retirement or pension system” means a retirement or pension system that:
(i) provides retirement or pension benefits; and
(ii) allows a county executive, county council member, county commissioner, or appointed official to participate.
(2) “Special retirement or pension system” does not include:
(i) a defined contribution plan with benefits determined by an actuarial computation based on employee contributions and the accrued return on those contributions; or
(ii) a retirement or pension plan that determines benefit amounts using computations or other specific methods enacted as an ordinance by the governing body.

Credits

Added by Acts 1995, c. 616, § 1, eff. July 1, 1995.
MD Code, State Personnel and Pensions, § 39-101, MD ST PERS & PENS § 39-101
Current through legislation effective through April 9, 2023, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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