Transfer of vested rights

  1. Law
  2. Maryland Code
  3. State Personnel and Pensions
  4. Pensions
  5. Employees' and Teachers' Retirement Systems
  6. Membership
  7. Membership Generally
  8. Transfer of vested rights

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    On or after January 1, 2005, a former member who has elected a vested allowance under § 29-302 of this article may not elect to be vested in:

        (1)    the Employees’ Pension System, if a former member of the Employees’ Retirement System; or

        (2)    the Teachers’ Pension System, if a former member of the Teachers’ Retirement System.


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