(a) (1) (i) This paragraph applies to an individual who is a member on or before June 30, 2011. (ii) A member may retire with a normal service retirement allowance if: 1. on or before the date of retirement, the member: A. has at least 22 years of eligibility service; or B. is at least 50 years old; and 2. the member completes […]
(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 State Police Retirement 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 DROP […]
(a) This section applies to a former member who: (1) was eligible for a retirement allowance under § 24-401 of this subtitle when the former member’s membership terminated; (2) did not submit a written application under § 24-401 of this subtitle before membership terminated; and (3) has not withdrawn accumulated contributions. (b) (1) A former member described in subsection (a) of […]
(a) This section applies only to a retiree who has retired with a service retirement allowance or a disability retirement allowance or a former member who has retired with a deferred vested allowance. (b) On the death of a retiree or former member, the Board of Trustees shall pay 80% of the retiree’s retirement allowance: (1) to the […]
(a) Subject to subsection (c) of this section, and except as provided in subsection (d) of this section, an individual who is receiving a service retirement allowance or a vested allowance may accept employment with a participating employer on a permanent, contractual, or temporary basis if the individual immediately notifies the Board of Trustees: (1) of the […]
(a) A member may be entitled to benefits under Title 29 of this article other than, or in addition to, the service retirement benefits provided under this subtitle. (b) (1) This subsection does not apply to an individual receiving a service retirement allowance or a vested allowance from the State Police Retirement System who is: (i) serving as a […]
