§ 30-101. Definitions
West's Annotated Code of MarylandState Personnel and PensionsEffective: July 1, 2017
Effective: July 1, 2017
MD Code, State Personnel and Pensions, § 30-101
§ 30-101. Definitions
(b)(1) “Annuity contract” means a fixed or variable annuity contract or combination of fixed or variable annuity contracts authorized under § 403(a) or (b) of the Internal Revenue Code.
(c) “Designated company” means an entity that is designated by the Board of Trustees.
(d) “Eligible employee” means an individual eligible to participate in the program.
(e) “Employing institution” means:
(f) “Participating employee” means an eligible employee who elects to participate in the program.
(g) “Pension system” means the Employees' Pension System or the Teachers' Pension System.
(h) “Program” means the optional retirement program established under § 30-201 of this title.
(i) “Retirement system” means the Employees' Retirement System or the Teachers' Retirement System.
Credits
Added by Acts 1994, c. 6, § 2, eff. Oct. 1, 1994. Amended by Acts 1997, c. 114, § 1, eff. July 1, 1997; Acts 1999, c. 151, § 1, eff. July 1, 1999; Acts 2002, c. 334, § 1, eff. June 1, 2002; Acts 2003, c. 81, § 1, eff. June 1, 2003; Acts 2009, c. 354, § 1, eff. July 1, 2009; Acts 2017, c. 275, § 1, eff. July 1, 2017; Acts 2017, c. 276, § 1, eff. July 1, 2017; Acts 2017, c. 527, § 1, eff. July 1, 2017; Acts 2017, c. 528, § 1, eff. July 1, 2017.
Formerly Art. 73B, §§ 11-101, 11-102.
MD Code, State Personnel and Pensions, § 30-101, MD ST PERS & PENS § 30-101
Current through legislation effective through April 25, 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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