§ 39-101. Definitions

MD State Pers & Pens Code § 39-101 (2019) (N/A)
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(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.