Maryland Code, STATE PERSONNEL AND PENSIONS 23-215.1
Terms Used In Maryland Code, STATE PERSONNEL AND PENSIONS 23-215.1
- 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.
- Joint committee: Committees including membership from both houses of teh legislature. Joint committees are usually established with narrow jurisdictions and normally lack authority to report legislation.
- state: means :
(1) a state, possession, territory, or commonwealth of the United States; or
(2) the District of Columbia. See
(1) on or before June 30, 2011, is subject to the Alternate Contributory Pension Selection;
(2) (i) is separated from employment for 4 years or less;
(ii) 1. is separated from employment for military service that meets the requirements of the federal Uniformed Services Employment and Reemployment Rights Act; and
2. resumes employment within 1 year of leaving military service in a position that is included in the Employees’ Pension System or Teachers’ Pension System; or
(iii) is separated from employment with the minimum eligibility service needed to be eligible for a vested allowance in the Alternate Contributory Pension Selection under Title 29, Subtitle 3 of this article;
(3) does not withdraw the member’s accumulated contributions; and
(4) does not become a retiree.
(b) A member described in subsection (a) of this section who resumes employment in a position that is included in the Employees’ Pension System or Teachers’ Pension System, shall resume participation in the Alternate Contributory Pension Selection if the employer participates in the Alternate Contributory Pension Selection.
(c) On or before October 1 of each year, the Board of Trustees shall submit a report in accordance with § 2-1257 of the State Government Article to the Joint Committee on Pensions that provides the number of members described under subsection (a) of this section who were:
(1) rehired in the preceding fiscal year into a position included in the Employees’ Pension System or Teachers’ Pension System; and
(2) participating in the Alternate Contributory Pension Selection.