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§ 39-103. Modification or termination of noncomplying systems

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, § 39-103
§ 39-103. Modification or termination of noncomplying systems
Currentness
If a county has created a special retirement or pension system that allows or has allowed the system's benefits to be set or amended by a means other than by ordinance enacted by the governing body of the county, on or before January 31, 1996, the governing body of the county shall:
(1)(i) modify the system so that it complies with § 39-102 of this title; or
(ii) terminate the system as provided under § 39-104 of this title; and
(2) terminate any benefits that are not allowed under § 39-102(e)(2) or (f) of this title, that an individual who was an elected or appointed official while a member of the special retirement or pension system is eligible to receive or modify those benefits so they comply with § 39-102(e)(2) or (f) of this title.

Credits

Added by Acts 1995, c. 616, § 1, eff. July 1, 1995.
MD Code, State Personnel and Pensions, § 39-103, MD ST PERS & PENS § 39-103
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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