Maryland Code > STATE PERSONNEL AND PENSIONS > Division III > Title 35 > Subtitle 4 – Tax Sheltered Annuity Plan
Current as of: 2023 | Check for updates
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Other versions
| § 35-401 | Tax sheltered annuity plan generally |
| § 35-402 | Participants in plan |
| § 35-403 | Contributions |
| § 35-404 | Effect on other plans |
Terms Used In Maryland Code > STATE PERSONNEL AND PENSIONS > Division III > Title 35 > Subtitle 4 - Tax Sheltered Annuity Plan
- 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.
- Contract: A legal written agreement that becomes binding when signed.
- County: means a county of the State or Baltimore City. See
- 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