State Codes and Statutes

Statutes > Maryland > State-personnel-and-pensions > Title-29 > Subtitle-1 > 29-110

§ 29-110. Accidental disability retirement - Allowance.
 

(a)  Scope of section.- This section does not apply to the State Police Retirement System. 

(b)  In general.- Except as provided in subsection (c) of this section, an accidental disability retirement allowance equals the lesser of: 

(1) the member's average final compensation; or 

(2) the sum of: 

(i) an annuity that is the actuarial equivalent of the member's accumulated contributions at retirement; and 

(ii) a pension equal to two-thirds of the member's average final compensation. 

(c)  Exception.-  

(1) This subsection applies to a member of a State system other than the Law Enforcement Officers' Pension System who is at least normal retirement age. 

(2) An accidental disability retirement allowance equals the greater of: 

(i) a normal service retirement allowance; or 

(ii) an accidental disability retirement allowance computed in accordance with subsection (b) of this section. 

(d)  Members transferring contributions in Correctional Officers' Retirement System to Employees' Pension System.-  

(1) This subsection applies only to a member of the Employees' Pension System who: 

(i) is promoted within the Department of Corrections to a position that no longer is eligible for membership in the Correctional Officers' Retirement System as provided in § 25-201 of this article; 

(ii) elects not to transfer the years of creditable service the individual accrued in the Correctional Officers' Retirement System to the Employees' Pension System; and 

(iii) is eligible to receive a vested allowance from the Correctional Officers' Retirement System. 

(2) A member may receive an accidental disability retirement allowance under this section if the member: 

(i) does not elect to receive a vested allowance from the Correctional Officers' Retirement System; and 

(ii) transfers the member's accumulated contributions in the Correctional Officers' Retirement System to the Employees' Pension System. 
 

[An. Code 1957, art. 73B, §§ 2-404, 3-404, 4-404, 5-404, 7-404, 8-402, 10-218; 1994, ch. 6, § 2; 1996, ch. 438, § 3; 1998, ch. 530, § 2; 2005, ch. 149.] 
 

State Codes and Statutes

Statutes > Maryland > State-personnel-and-pensions > Title-29 > Subtitle-1 > 29-110

§ 29-110. Accidental disability retirement - Allowance.
 

(a)  Scope of section.- This section does not apply to the State Police Retirement System. 

(b)  In general.- Except as provided in subsection (c) of this section, an accidental disability retirement allowance equals the lesser of: 

(1) the member's average final compensation; or 

(2) the sum of: 

(i) an annuity that is the actuarial equivalent of the member's accumulated contributions at retirement; and 

(ii) a pension equal to two-thirds of the member's average final compensation. 

(c)  Exception.-  

(1) This subsection applies to a member of a State system other than the Law Enforcement Officers' Pension System who is at least normal retirement age. 

(2) An accidental disability retirement allowance equals the greater of: 

(i) a normal service retirement allowance; or 

(ii) an accidental disability retirement allowance computed in accordance with subsection (b) of this section. 

(d)  Members transferring contributions in Correctional Officers' Retirement System to Employees' Pension System.-  

(1) This subsection applies only to a member of the Employees' Pension System who: 

(i) is promoted within the Department of Corrections to a position that no longer is eligible for membership in the Correctional Officers' Retirement System as provided in § 25-201 of this article; 

(ii) elects not to transfer the years of creditable service the individual accrued in the Correctional Officers' Retirement System to the Employees' Pension System; and 

(iii) is eligible to receive a vested allowance from the Correctional Officers' Retirement System. 

(2) A member may receive an accidental disability retirement allowance under this section if the member: 

(i) does not elect to receive a vested allowance from the Correctional Officers' Retirement System; and 

(ii) transfers the member's accumulated contributions in the Correctional Officers' Retirement System to the Employees' Pension System. 
 

[An. Code 1957, art. 73B, §§ 2-404, 3-404, 4-404, 5-404, 7-404, 8-402, 10-218; 1994, ch. 6, § 2; 1996, ch. 438, § 3; 1998, ch. 530, § 2; 2005, ch. 149.] 
 


State Codes and Statutes

State Codes and Statutes

Statutes > Maryland > State-personnel-and-pensions > Title-29 > Subtitle-1 > 29-110

§ 29-110. Accidental disability retirement - Allowance.
 

(a)  Scope of section.- This section does not apply to the State Police Retirement System. 

(b)  In general.- Except as provided in subsection (c) of this section, an accidental disability retirement allowance equals the lesser of: 

(1) the member's average final compensation; or 

(2) the sum of: 

(i) an annuity that is the actuarial equivalent of the member's accumulated contributions at retirement; and 

(ii) a pension equal to two-thirds of the member's average final compensation. 

(c)  Exception.-  

(1) This subsection applies to a member of a State system other than the Law Enforcement Officers' Pension System who is at least normal retirement age. 

(2) An accidental disability retirement allowance equals the greater of: 

(i) a normal service retirement allowance; or 

(ii) an accidental disability retirement allowance computed in accordance with subsection (b) of this section. 

(d)  Members transferring contributions in Correctional Officers' Retirement System to Employees' Pension System.-  

(1) This subsection applies only to a member of the Employees' Pension System who: 

(i) is promoted within the Department of Corrections to a position that no longer is eligible for membership in the Correctional Officers' Retirement System as provided in § 25-201 of this article; 

(ii) elects not to transfer the years of creditable service the individual accrued in the Correctional Officers' Retirement System to the Employees' Pension System; and 

(iii) is eligible to receive a vested allowance from the Correctional Officers' Retirement System. 

(2) A member may receive an accidental disability retirement allowance under this section if the member: 

(i) does not elect to receive a vested allowance from the Correctional Officers' Retirement System; and 

(ii) transfers the member's accumulated contributions in the Correctional Officers' Retirement System to the Employees' Pension System. 
 

[An. Code 1957, art. 73B, §§ 2-404, 3-404, 4-404, 5-404, 7-404, 8-402, 10-218; 1994, ch. 6, § 2; 1996, ch. 438, § 3; 1998, ch. 530, § 2; 2005, ch. 149.]