(a) In this subtitle the following words have the meanings indicated. (b) 'Employees’ system' has the meaning stated in § 31–101 of this title. (c) 'Legislative body' has the meaning stated in § 31–101 of this title. (d) 'Local pension system' means a retirement or pension system established by the legislative body of an eligible governmental unit that is a qualified plan under § 401(a) of the Internal Revenue Code and provides a defined benefit to its participants. (e) 'State system' has the meaning stated in § 20–101(pp) of this article. (f) 'Withdrawal date' means the date that a withdrawal by a participating governmental unit from a State system takes effect.
Maryland Legal Code