Maryland Code > STATE PERSONNEL AND PENSIONS > Division II > Title 26 > Subtitle 3


§ 26-301	In general
§ 26-302	Eligibility service – Rules for computation
§ 26-303	Eligibility service – Entitlements before separation from employment
§ 26-305	Eligibility service – Military service credit
§ 26-306	Eligibility service – Approved leaves of absence
§ 26-306.1	Eligibility service – Purchase by member separated from employment prohibited; leave of absence exception
§ 26-307	Eligibility service – Purchase of service credit
§ 26-307.1	Purchase of additional service credit
§ 26-308	Creditable service

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.
Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
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
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.
Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). ^{Source: OCC}
state: means :

(1) a state, possession, territory, or commonwealth of the United States; or

(2) the District of Columbia. See

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