Section 26-401.1 – Deferred Retirement Option Program (Drop)
(a) (1) In this section the following words have the meanings indicated. (2) “DROP” means the Deferred Retirement Option Program established under this section. (3) “DROP member” means a member of the Law Enforcement Officers’ Pension System who: (i) is eligible to participate in the DROP as provided in subsection (c) of this section; and (ii) elects to participate in the […]
Section 26-402 – Survivor Benefits
(a) This section applies to the surviving spouse or a child of a retiree in receipt of a service retirement allowance or a disability retirement allowance. (b) On the death of a retiree, the Board of Trustees shall pay 50% of the retiree’s retirement allowance to: (1) the surviving spouse; or (2) if there is no surviving spouse or […]
Section 26-403 – Reemployment After Retirement
(a) Except as provided in subsection (f) of this section, a retiree who is receiving a service retirement allowance may accept employment with a participating employer on a permanent, temporary, or contractual basis, without any reduction in retirement allowance. (b) A reemployed retiree who is receiving a service retirement allowance may not receive creditable service or eligibility […]
Section 26-404 – Other Benefits
A member may be entitled to benefits under Title 29 of this article other than, or in addition to, the benefits provided under this subtitle.
Section 26-401 – Service Retirement
(a) (1) Subject to paragraph (2) of this subsection, a member may retire with a normal service retirement allowance if: (i) on or before the date of retirement, the member: 1. has at least 25 years of eligibility service; or 2. is at least 50 years old; and (ii) the member completes and submits a written application to the Board of […]