§ 31–301
Statutes in effect as of October 1, 2026.
Md. Code Ann., State Pers. & Pens. § 31-301 (2026)
Title 31. Participating Governmental Units
Subtitle 3. Withdrawal by a Participating Governmental Unit
§ 31–301LinkCopy Citation
(a)
In this subtitle the following words have the meanings indicated.
(b)
“Employees’ system” has the meaning stated in § 31–101 of this title.
(c)
“Legislative body” has the meaning stated in § 31–101 of this title.
(d)
“Local pension system” means a retirement or pension system established by the legislative body of an eligible governmental unit that is a qualified plan under § 401(a) of the Internal Revenue Code and provides a defined benefit to its participants.
(e)
“State system” has the meaning stated in § 20–101(pp) of this article.
(f)
“Withdrawal date” means the date that a withdrawal by a participating governmental unit from a State system takes effect.