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Section 29-305 - Immediate Vesting for Constitutional Officers — Maryland Law | CourtGPT
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Maryland Legal Code

Section 29-305 - Immediate Vesting for Constitutional Officers

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(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.