Maryland Code, STATE PERSONNEL AND PENSIONS 32-205
Terms Used In Maryland Code, STATE PERSONNEL AND PENSIONS 32-205
- 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.
- state: means :
(1) a state, possession, territory, or commonwealth of the United States; or
(2) the District of Columbia. See
(b) (1) This subsection applies to participating employees who are paid through the Central Payroll Bureau.
(2) As payrolls are paid, the Central Payroll Bureau shall pay the employer contributions to the applicable State supplemental plan as directed by the Supplemental Board.
(3) The payments shall be charged against the budgets of the units employing the participating employees.
(4) If a participating employee’s salary is paid from special funds or federal funds, or both, the employer contribution for that employee shall be paid from those funds.
(c) (1) This subsection applies to participating employees who are not paid through the Central Payroll Bureau.
(2) The Supplemental Board shall provide by regulation how employer contributions and participating employee contributions are to be made.
(3) The payments shall be charged against the budgets of the units employing the participating employees who are employed by the State.
(4) If a participating employee’s salary is paid from special funds or federal funds, or both, the employer contribution shall be paid from those funds.