Subtitle 11 – Plan Modifications
Current through 2026-07-17. Source: City of Balt., Md., Ord. 26-129. Published by the Baltimore City Department of Legislative Reference.
Balt., Md., Code art. 22A, § 11-1 (2026)
§ 11-1 Plan amendment.LinkCopy Citation
(a)In general.
Subject to the limitations of subsection (b) of this section, the Mayor and City Council of Baltimore reserves the right, at any time by ordinance, to amend any provision of <cite data-path="|22A">this article</cite>.
(b)Limitations.
Notwithstanding subsection (a) of this section, no amendment may cause any vested contributions made before the amendment’s effective date to become forfeitable.
History: Ord. 14-216
Balt., Md., Code art. 22A, § 11-2 (2026)
§ 11-2 Discontinuance of payments; Plan termination.LinkCopy Citation
(a)
In general.
The Mayor and City Council reserves the right, at any time by ordinance, to permanently discontinue contributions to the Plan or to terminate the Plan.
(b)Effect of discontinuance or termination.
On the effective date of a permanent discontinuance of contributions or a Plan termination, and notwithstanding any other provision of <cite data-path="|22A">this article</cite>:
(1)
no person who is not already a member may become a member;
(2)
no further contributions may be made to the Plan; and
(3)
the Employer Contribution Sub-Account of any member that is not already 100% vested and non-forfeitable becomes 100% vested and non-forfeitable.
(c)Distribution of accounts.
As soon as administratively practicable after the effective date of a permanent discontinuance of contributions or a Plan termination, the value of each member’s account must be paid to the member in a lump-sum cash payment.
History: Ord. 14-216
Balt., Md., Code art. 22A, § 11-3 (2026)
§ 11-3 Plan merger, consolidation, or transfer.LinkCopy Citation
In the case of a merger or consolidation of the Retirement Savings Plan with, or a transfer of Plan assets or liabilities to, any other plan, each member of the Retirement Savings Plan is entitled to receive, immediately after the merger, consolidation, or transfer (as if the other plan had then terminated), a benefit that is equal to or greater than the benefit the member would have been entitled to receive immediately before the merger, consolidation, or transfer (as if the Retirement Savings Plan had then terminated).
History: Ord. 14-216