Section 29-305 – Immediate Vesting for Constitutional Officers
(a) In this section, “constitutional officer” means: (1) the Attorney General of the State; (2) the Comptroller of the State; (3) the Lieutenant Governor of the State; (4) the Secretary of State; or (5) the Treasurer of the State. (b) (1) A constitutional officer who is a member of the Employees’ Pension System: (i) on taking office, has immediate vesting rights in the Employees’ […]
Section 29-303.1 – Vested Allowances for Members of Pension Systems — Lump-Sum Payment
(a) This section applies only to an individual who: (1) is a former member of: (i) the Employees’ Pension System; or (ii) the Teachers’ Pension System; (2) is eligible to receive a vested allowance under § 29-303 of this subtitle; and (3) has not elected to receive a benefit under § 29-303 of this subtitle. (b) Notwithstanding § 29-303 of this subtitle, […]
Section 29-304 – Immediate Vesting for Heads of Units of State Government
(a) An individual who is a secretary of a principal department or a head of a department, office, or other unit of the State government serving at the Governor’s pleasure has immediate vesting rights on taking office in the State system in which the individual is a member. (b) An individual who commences employment as the Executive […]
Section 29-301 – Vested Allowance
(a) This section applies only to a member of the Judges’ Retirement System who becomes a member on or after July 1, 2012. (b) (1) A member may elect to receive a vested allowance if: (i) the member is separated from employment other than by death or retirement; and (ii) the member has at least 5 years of eligibility service. […]
Section 29-302 – Vested Allowances for Members of Retirement Systems
(a) This section applies only to members of: (1) the Correctional Officers’ Retirement System; (2) the Employees’ Retirement System; (3) the State Police Retirement System; and (4) the Teachers’ Retirement System. (b) (1) This subsection applies to an individual who is a member on or before June 30, 2011. (2) A member may elect to receive a vested allowance if: (i) the member is […]
Section 29-302.1 – Vested Allowances for Members of Retirement Systems — Lump-Sum Payment
(a) This section applies only to an individual who: (1) is a former member of: (i) the Employees’ Retirement System; or (ii) the Teachers’ Retirement System; (2) is eligible to receive a vested allowance under § 29-302 of this subtitle; and (3) has not elected to receive a benefit under § 29-302 of this subtitle. (b) Notwithstanding § 29-302 of this subtitle, […]
Section 29-303 – Vested Allowances for Members of Pension Systems
(a) This section applies only to members of: (1) the Employees’ Pension System; (2) the Local Fire and Police System; (3) the Law Enforcement Officers’ Pension System; or (4) the Teachers’ Pension System. (b) (1) This subsection applies to an individual who is a member on or before June 30, 2011. (2) A member is eligible to receive a vested allowance if: (i) the […]