Md. Code Ann., State Pers. & Pens. § 21-121
Audits and examination of records
Effective Jul 1, 2011Added by Acts 1994, c. 6, § 2, eff. Oct. 1, 1994. Amended by Acts 2011, c. 452, § 1, eff. July 1, 2011.State of Maryland
- (a) The State Retirement Agency may at any time examine the records of a participating employer to determine whether the payment of benefits to a participant and the payment of contributions by a participating employer or participant are and will be in accordance with the provisions of Division II of this article.
(b) Whenever an audit reveals that the payment of benefits to a participant or the payment of contributions by a participating employer or participant is not in accordance with the provisions of Division II of this article:
- (1) the State Retirement Agency and participating employer shall correct their records; and
(2)
- (i) the participating employer shall pay any amounts owed to the accumulation fund of the appropriate State system; and
- (ii) the member contributions owed by the participant shall be made by the participant in accordance with § 21-312(e) of this title.
Added by Acts 1994, c. 6, § 2, eff. Oct. 1, 1994. Amended by Acts 2011, c. 452, § 1, eff. July 1, 2011.
Formerly Art. 73B, § 1-104.