2013 Maryland Code
STATE PERSONNEL AND PENSIONS
§ 28-307 - Purchase of service credit
§28-307.
(a) (1) In the year of retirement, a member may purchase service credit for eligibility service of up to 10 years for periods of employment for which the member:
(i) would have been entitled to purchase service credit under the Employees’ Pension System; and
(ii) is not otherwise entitled to service credit under the Local Fire and Police System.
(2) To purchase service credit under this section, a member must:
(i) complete a claim for the service credit and file it with the Board of Trustees on the form that the Board of Trustees provides; and
(ii) pay to the Board of Trustees an amount equal to the annuity reserve and pension reserve required to fund the additional allowance.
(b) (1) A member may purchase credit for eligibility service for previous service in a position described in § 23-204(a) of this article.
(2) To purchase the service credit, the member must pay, in a single payment, the contributions, with interest, that the Board of Trustees considers appropriate.
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