Md. Code Ann., State Pers. & Pens. § 22-404
Special early retirement
Effective Jul 1, 2005Added by Acts 1994, c. 6, § 2, eff. Oct. 1, 1994. Amended by Acts 1995, c. 371, § 1, eff. Oct. 1, 1995; Acts 1996, c. 349, § 13, eff. July 1, 1996; Acts 1997, c. 743, § 1, eff. Oct. 1, 1997; Acts 2005, c. 493, § 3, eff. July 1, 2005.State of Maryland
(a)
- (1) In this section the following words have the meanings indicated.
- (2) “Appointed official” means an individual appointed to a public office of the State who meets the legal criteria for an appointed official as determined by the Attorney General.
- (3) “Unclassified service of the State” means the unclassified service in the State Personnel Management System or a comparable position in an independent personnel system of a participating employer.
(b) The Board of Trustees shall pay a member of the Employees' Retirement System who qualifies under subsection (c) of this section a pension equal to an ordinary disability pension, regardless of age, if the member:
- (1) has at least 16 years of creditable service; and
- (2) elects to have the member's accumulated contributions paid as an annuity of equivalent actuarial value instead of withdrawing the accumulated contributions.
(c) A member qualifies for a pension under subsection (b) of this section if the member:
(1)
- (i) is an elected or appointed official of the State at the time of application for retirement; and
- (ii) was initially an elected or appointed official of the State before July 22, 1981;
(2)
- (i) is an elected or appointed official of the State when separating from employment;
- (ii) was initially an elected or appointed official of the State during the period from July 22, 1981, through June 30, 1982, both inclusive; and
- (iii) separated from employment involuntarily as certified by the Secretary of Budget and Management;
(3)
- (i) was promoted to a position in the unclassified service of the State on or before June 30, 1982;
- (ii) has been in the unclassified service or its equivalent in the State continuously from June 30, 1982, until separating from employment; and
- (iii) separated from employment involuntarily as certified by the Secretary of Budget and Management; or
(4)
- (i) is a deputy clerk of the court at the time of application for retirement; and
- (ii) was initially a deputy clerk of the court before July 22, 1981.
(d)
(1) This subsection applies to a retiree who:
- (i) retires as an elected or appointed official under this section; and
- (ii) is appointed or elected to an office for which the State pays compensation.
(2) On the appointment or election of a retiree described in paragraph (1) of this subsection:
- (i) the retiree's retirement allowance shall stop;
- (ii) the retiree may rejoin the Employees' Retirement System;
- (iii) the retiree shall make member contributions at the same rate the retiree paid before retirement; and
- (iv) the Board of Trustees shall restore any creditable service or eligibility service to the retiree's credit at the time of retirement.
- (3) Subject to paragraph (4) of this subsection, on subsequent retirement of a retiree described in paragraph (1) of this subsection, the Board of Trustees shall credit the retiree with all of the retiree's creditable service and eligibility service as a member.
(4) The pension, on subsequent retirement, may not exceed the sum of:
- (i) the pension the retiree was receiving during the previous retirement; and
- (ii) the pension that has accrued on account of employment as a member after the previous retirement.
Added by Acts 1994, c. 6, § 2, eff. Oct. 1, 1994. Amended by Acts 1995, c. 371, § 1, eff. Oct. 1, 1995; Acts 1996, c. 349, § 13, eff. July 1, 1996; Acts 1997, c. 743, § 1, eff. Oct. 1, 1997; Acts 2005, c. 493, § 3, eff. July 1, 2005.
Formerly Art. 73B, § 2-408.