Maryland State Personnel and Pensions Section 23-303.1

Article - State Personnel and Pensions

§ 23-303.1.

      (a)      This section applies only to a member of the Employees' Pension System or Teachers' Pension System who is subject to the contributory pension benefit under Subtitle 2, Part II of this title.

      (b)      A member is entitled to the eligibility service to which the member was entitled before the separation from employment if the member:

            (1)      at the time of separation from employment, was entitled to a vested allowance from:

                  (i)      the Employees' Pension System; or

                  (ii)      the Teachers' Pension System;

            (2)      did not transfer to the Employees' Pension System or the Teachers' Pension System from the Employees' Retirement System or Teachers' Retirement System after April 1, 1998; and

            (3)      has completed 1 year of employment as a member who is subject to the contributory pension benefit under Subtitle 2, Part II of this title.

      (c)      (1)      A member may receive credit for eligibility service under this section by completing a claim for the service credit and filing it with the Board of Trustees on the form that the Board of Trustees provides at any time before retirement.

            (2)      When a member receives credit for eligibility service under subsection (b) of this section from another system, the member has no further rights in the other system.

      (d)      If a member withdrew the member's accumulated contributions after the prior separation from employment, the member shall:

            (1)      redeposit any of the amounts withdrawn with regular interest to the date of redeposit; or

            (2)      on retirement, the individual's retirement allowance shall be reduced by the actuarial equivalent of the accumulated contributions withdrawn with regular interest to the date of retirement.



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