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Current as of January 01, 2025 | Updated by Findlaw Staff
(a) In this title the following words have the meanings indicated.
(b) “County” means a county of the State and, unless expressly provided otherwise, Baltimore City.
(c)(1) “Special retirement or pension system” means a retirement or pension system that:
(i) provides retirement or pension benefits; and
(ii) allows a county executive, county council member, county commissioner, or appointed official to participate.
(2) “Special retirement or pension system” does not include:
(i) a defined contribution plan with benefits determined by an actuarial computation based on employee contributions and the accrued return on those contributions; or
(ii) a retirement or pension plan that determines benefit amounts using computations or other specific methods enacted as an ordinance by the governing body.
Cite this article: FindLaw.com - Maryland Code, State Personnel and Pensions § 39-101 - last updated January 01, 2025 | https://codes.findlaw.com/md/state-personnel-and-pensions/md-code-st-pers-and-pens-sect-39-101/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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