§ 23–406

Statutes in effect as of October 1, 2026.

Md. Code Ann., State Pers. & Pens. § 23-406 (2026)

Title 23. Employees' and Teachers' Pension Systems

Subtitle 4. Service Retirement Benefits

(a)

The Board of Trustees shall reduce a member’s allowance if the member:

(1)

received any accumulated contributions, other than additional contributions, in connection with a prior separation from employment;

(2)

is credited with prior eligibility service; and

(3)

does not repay, with interest to the date of retirement, the amount received.

(b)

A reduction under subsection (a) of this section shall equal the actuarial equivalent of the amount, including interest, that is not repaid.