Immediate vesting for constitutional officers

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    (a)    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)    (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.


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