§ 7-2 Employer Contribution Sub-Account.
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, § 7-2 (2026)
§ 7-2 Employer Contribution Sub-Account.LinkCopy Citation
A member’s Employer Contribution Sub-Account becomes 100% vested and non-forfeitable on the earliest of:
(1)
the member’s attainment of normal retirement age;
(2)
the member’s being credited with 5 years of service;
(3)
the member’s providing the Board of Trustees with an SSA determination of disability under <cite data-path="|22A|§9-3">§ 9-3 {“Distributable events – Disability”} of this article</cite>;
(4)
the member’s death while an employee;
(5)
a permanent discontinuance of contributions or Plan termination under <cite data-path="|22A|§11-2">§ 11-2 {“Discontinuance of payments; Plan termination”} of this article</cite>; or
(6)
a “partial plan termination”, as defined under applicable law.
History: Ord. 14-216