Maryland Code > STATE PERSONNEL AND PENSIONS > Division II > Title 24 > Subtitle 3 – Service Credit
Current as of: 2023 | Check for updates
|
Other versions
Terms Used In Maryland Code > STATE PERSONNEL AND PENSIONS > Division II > Title 24 > Subtitle 3 - Service Credit
- Annuity: A periodic (usually annual) payment of a fixed sum of money for either the life of the recipient or for a fixed number of years. A series of payments under a contract from an insurance company, a trust company, or an individual. Annuity payments are made at regular intervals over a period of more than one full year.
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- County: means a county of the State or Baltimore City. See
- Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
- including: means includes or including by way of illustration and not by way of limitation. See
- state: means :
(1) a state, possession, territory, or commonwealth of the United States; or
(2) the District of Columbia. See