§ 20–209
Statutes in effect as of October 1, 2026.
Md. Code Ann., State Pers. & Pens. § 20-209 (2026)
Title 20. Definitions and General Provisions
Subtitle 2. General Provisions
§ 20–209LinkCopy Citation
(a)
In conformity with § 401(a)(8) of the Internal Revenue Code, any forfeiture of benefits by a member or former member of the several systems may not be used by the Board of Trustees to pay benefit increases.
(b)
Any forfeiture of benefits by a member shall be used to reduce employer contributions.