<?xml version='1.0' encoding='utf-8'?>
<baltimore-city-law heading="Subtitle 11 – Plan Modifications">
  <section prefix="§" num="11-1" heading="Plan amendment.">
    <para num="(a)" heading="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 &lt;cite data-path="|22A"&gt;this article&lt;/cite&gt;.</para>
    <para num="(b)" heading="Limitations.">Notwithstanding subsection (a) of this section, no amendment may cause any vested contributions made before the amendment’s effective date to become forfeitable.</para>
    <annotation type="History">Ord. 14-216</annotation>
  </section>
  <section prefix="§" num="11-2" heading="Discontinuance of payments; Plan termination.">
    <para num="(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.</para>
    <para num="(b)" heading="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 &lt;cite data-path="|22A"&gt;this article&lt;/cite&gt;:<para num="(1)">no person who is not already a member may become a member;</para>
      <para num="(2)">no further contributions may be made to the Plan; and</para>
      <para num="(3)">the Employer Contribution Sub-Account of any member that is not already 100% vested and non-forfeitable becomes 100% vested and non-forfeitable.</para>
    </para>
    <para num="(c)" heading="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.</para>
    <annotation type="History">Ord. 14-216</annotation>
  </section>
  <section prefix="§" num="11-3" heading="Plan merger, consolidation, or transfer.">
    <text>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).</text>
    <annotation type="History">Ord. 14-216</annotation>
  </section>
</baltimore-city-law>
