Maryland Statutes
Subtitle 3 - Deferred Vested Benefits
Section 29-305 - Immediate Vesting for Constitutional Officers

(a)    In this section, “constitutional officer” means:
        (1)    the Attorney General of the State;
        (2)    the Comptroller of the State;
        (3)    the Lieutenant Governor of the State;
        (4)    the Secretary of State; or
        (5)    the Treasurer of the State.
    (b)    (1)    A constitutional officer who is a member of the Employees’ Pension System:
            (i)    on taking office, has immediate vesting rights in the Employees’ Pension System; and
            (ii)    except as provided in paragraph (2) of this subsection, is entitled to a retirement allowance as provided in Title 23, Subtitle 4 of this article.
        (2)    The retirement allowance of a constitutional officer who serves at least one full term may not be less than 10% of the annual salary received during the constitutional officer's last term.

Structure Maryland Statutes