(a) This subsection applies to an individual who:
(1) has accrued service credit in a State or local retirement or pension system;
(2) has accepted new employment in a position requiring membership in one of the several systems; and
(3) did not make a claim under § 37–203 or § 37–203.1 of this subtitle to transfer the previous service credit within 1 year of transferring into one of the several systems.
(b) (1) An individual described under subsection (a) of this section may request the Executive Director to accept the individual’s claim to transfer service credit accrued in the previous system.
(2) If the Executive Director denies a request for a waiver, the denial shall be presented to the Board of Trustees for review.
(3) The Board of Trustees may overturn the Executive Director’s decision under paragraph (1) of this subsection.
(c) On or before October 1 of each year, the Board of Trustees shall submit a report to the Joint Committee on Pensions in accordance with § 2–1257 of the State Government Article, that provides:
(1) the number of requests made by individuals to the Executive Director requesting a waiver of the 1–year requirement to claim transferred service credit;
(2) the number of requests granted and denied by the Executive Director; and
(3) the number of requests granted by the Board of Trustees following a denial by the Executive Director.
(d) The Board of Trustees shall adopt regulations to carry out this section.
Structure Maryland Statutes
Division III - Other Retirement and Pension Provisions
Title 37 - Transfers Between Retirement or Pension Systems
Subtitle 2 - General Provisions
Section 37-201 - Scope of Title
Section 37-202 - When Transfer Allowed
Section 37-203 - Transfers in General
Section 37-203.1 - Transfer of Service Credit
Section 37-203.2 - Transfer of Service Credit -- Waiver of One-Year Requirement
Section 37-204 - Transfer to Police Department or Fire Department System