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Maryland Code, State Personnel and Pensions § 26-307.1

Current as of January 01, 2025 | Updated by Findlaw Staff

(a) A member may purchase service credit as provided in subsection (b) of this section for periods of employment described in subsection (c) of this section for which the member is not otherwise entitled.

(b)(1) A member who purchases service credit under this section shall:

(i) complete a claim for the service credit and file it with the Board of Trustees on a form that the Board of Trustees provides; and

(ii) pay to the Board of Trustees in a single payment the member contributions the member would have made for the period of employment for which service credit is being purchased plus regular interest to the date of payment.

(2) A member may pay for service credit purchased under this section at any time before retirement.

(c)(1) Subject to paragraph (2) of this subsection, a member may purchase service credit for a period of employment as a member of the Law Enforcement Officers' Pension System if the member:

(i) has withdrawn the member's accumulated contributions after a prior termination of membership; and

(ii) was subject to the modified pension benefit under Subtitle 2, Part II of this title when the member previously terminated membership in the Law Enforcement Officers' Pension System.

(2) A member may not purchase eligibility service credit that exceeds the member's creditable service credit.

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Cite this article: FindLaw.com - Maryland Code, State Personnel and Pensions § 26-307.1 - last updated January 01, 2025 | https://codes.findlaw.com/md/state-personnel-and-pensions/md-code-st-pers-and-pens-sect-26-307-1/

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