Maryland Statutes

§ 20-209

Maryland·Article gsp State Personnel and Pensions·Title 20
(a)In conformity with § 401(a)(8) of the Internal Revenue Code, any forfeiture of benefits by a member or former member of the several systems may not be used by the Board of Trustees to pay benefit increases.
(b)Any forfeiture of benefits by a member shall be used to reduce employer contributions.

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Nearby Sections

11
§ 20-101
§ 20-101
§ 20-201
§ 20-201
§ 20-202
§ 20-202
§ 20-203
§ 20-203
§ 20-204
§ 20-204
§ 20-205
§ 20-205
§ 20-205.1
§ 20-205.1
§ 20-206
§ 20-206
§ 20-207
§ 20-207
§ 20-208
§ 20-208
§ 20-209
§ 20-209
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