Section 21-501 – Deductions From Allowance
(a) A retiree may elect to have the Board of Trustees deduct from the retiree’s allowance and pay for the retiree: (1) dues for an employee organization; (2) payments to the State Employees’ Credit Union of Maryland, Inc.; (3) all or part of a premium for: (i) insurance offered through an employee organization; or (ii) State-approved medical insurance for retirees; or […]
Section 21-309 – Employer Contributions — Payment by Participating Governmental Unit
(a) In this section, “participating governmental unit” includes a county required to pay the employer contribution or part of the employer contribution under § 21-307 of this subtitle. (b) Each year, the Board of Trustees shall certify to the chief fiscal officer of each participating governmental unit: (1) the normal contribution rates, accrued liability contribution rates, special accrued […]
Section 21-502 – Exemptions From Execution; Permissible Assignments
(a) (1) Except as provided in paragraph (2) of this subsection, a person may not attach, execute, garnish, or otherwise seize any current or future benefit under this Division II or any money in a fund created under this Division II. (2) In accordance with regulations adopted by the Board of Trustees, a court of competent jurisdiction may […]
Section 21-309.1 – Employer Contributions — Payment by Local Employers
(a) (1) In this section the following words have the meanings indicated. (2) “Local employee” has the meaning stated in § 21–304 of this subtitle. (3) “Local employer” has the meaning stated in § 21–304 of this subtitle. (b) On or before December 1 of each year, the Board of Trustees shall determine and certify the amounts payable by each […]
Section 21-503 – Retirement Counseling
The Board of Trustees shall offer counseling about retirement benefits: (1) to the members, former members, and retirees of each State system; and (2) if a member, former member, or retiree consents, to an immediate family member.
Section 21-310 – Employer Contributions — Payment by Maryland Environmental Service
(a) Each year, the Board of Trustees shall certify to the Maryland Environmental Service the State’s normal contribution rate and the State’s accrued liability contribution rate and the amounts payable under § 21–307(f) of this subtitle. (b) (1) The Maryland Environmental Service shall pay to the Board of Trustees the amount of the charges certified to the Maryland […]
Section 21-304 – Employer Contributions — State
(a) (1) In this section the following words have the meanings indicated. (2) With respect to local employees, “aggregate annual earnable compensation” means the total annual earnable compensation payable by a local employer to all of its local employees, calculated as of June 30 of the second prior fiscal year before the fiscal year for […]
Section 21-305 – Employer Contributions — Participating Governmental Units
(a) In this section, “employees’ systems” means the Employees’ Pension System and the Employees’ Retirement System. (b) (1) Each fiscal year, on behalf of its employees who are members of one of the employees’ systems, a participating governmental unit shall pay an amount equal to or greater than the product of multiplying: (i) the aggregate annual earnable compensation of […]
Section 21-305.1 – Employer Contributions — Normal Contributions
(a) In this section, “employees’ systems” means the Employees’ Pension System and the Employees’ Retirement System. (b) As part of each actuarial valuation, the actuary shall determine the normal contributions, net of member contributions, on account of members of the employees’ systems who are employees of participating governmental units. (c) Except as provided in subsection (d) of this […]
Section 21-305.2 – Employer Contributions — Accrued Liability Contributions
(a) In this section, “employees’ systems” means the Employees’ Pension System and the Employees’ Retirement System. (b) As part of each actuarial valuation, the actuary shall determine the accrued liability contributions on account of members of the employees’ systems who are employees of participating governmental units. (c) Each year the Board of Trustees shall set contribution rates for […]