§ 29-305. Immediate vesting for constitutional officers.
(a) "Constitutional officer" defined.- In this section, "constitutional officer" means:
(1) the Attorney General of the State;
(2) the Comptroller of the State;
(3) the Lieutenant Governor of the State;
(4) the Secretary of State; or
(5) the Treasurer of the State.
(b) Vesting rights and retirement allowance.-
(1) A constitutional officer who is a member of the Employees' Pension System:
(i) on taking office, has immediate vesting rights in the Employees' Pension System; and
(ii) except as provided in paragraph (2) of this subsection, is entitled to a retirement allowance as provided in Title 23, Subtitle 4 of this article.
(2) The retirement allowance of a constitutional officer who serves at least one full term may not be less than 10% of the annual salary received during the constitutional officer's last term.
§ 29-305. Immediate vesting for constitutional officers.
(a) "Constitutional officer" defined.- In this section, "constitutional officer" means:
(1) the Attorney General of the State;
(2) the Comptroller of the State;
(3) the Lieutenant Governor of the State;
(4) the Secretary of State; or
(5) the Treasurer of the State.
(b) Vesting rights and retirement allowance.-
(1) A constitutional officer who is a member of the Employees' Pension System:
(i) on taking office, has immediate vesting rights in the Employees' Pension System; and
(ii) except as provided in paragraph (2) of this subsection, is entitled to a retirement allowance as provided in Title 23, Subtitle 4 of this article.
(2) The retirement allowance of a constitutional officer who serves at least one full term may not be less than 10% of the annual salary received during the constitutional officer's last term.
§ 29-305. Immediate vesting for constitutional officers.
(a) "Constitutional officer" defined.- In this section, "constitutional officer" means:
(1) the Attorney General of the State;
(2) the Comptroller of the State;
(3) the Lieutenant Governor of the State;
(4) the Secretary of State; or
(5) the Treasurer of the State.
(b) Vesting rights and retirement allowance.-
(1) A constitutional officer who is a member of the Employees' Pension System:
(i) on taking office, has immediate vesting rights in the Employees' Pension System; and
(ii) except as provided in paragraph (2) of this subsection, is entitled to a retirement allowance as provided in Title 23, Subtitle 4 of this article.
(2) The retirement allowance of a constitutional officer who serves at least one full term may not be less than 10% of the annual salary received during the constitutional officer's last term.
