§ 31–304
Statutes in effect as of October 1, 2026.
Md. Code Ann., State Pers. & Pens. § 31-304 (2026)
Title 31. Participating Governmental Units
Subtitle 3. Withdrawal by a Participating Governmental Unit
§ 31–304LinkCopy Citation
If a participating governmental unit withdraws from a State system, the accumulated contributions of the withdrawn employees shall be transferred on the withdrawal date to the administrative board of the local pension system or new State system and credited to the account of those employees.