Maryland Code, STATE PERSONNEL AND PENSIONS 28-303
Terms Used In Maryland Code, STATE PERSONNEL AND PENSIONS 28-303
- Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
(b) A former member is entitled to the eligibility service to which the former member was entitled before the separation from employment if:
(1) the former member has not incurred a break in service;
(2) the former member was entitled to a vested allowance at the time of separation from employment; or
(3) (i) the former member has completed 1 year of eligibility service after a break in service; and
(ii) the number of consecutive years in which the member incurred a break in service is less than the years of eligibility service as a member before the break in service.
(c) To determine if a former member is eligible for prior eligibility service under subsection (b)(3)(ii) of this section, the Board of Trustees shall determine the number of years of prior eligibility service:
(1) as of the day the former member separated from employment; but
(2) excluding any eligibility service lost because of a prior break in service.