Section 32-101 - Definitions

(a) In this title the following words have the meanings indicated. (b) (1) 'Eligible employee' means a member of the Employees’ Pension System or the Employees’ Retirement System who is subject to Selection C (Combination Formula) as provided in § 22-221 of this article, other than: (i) an employee of a participating governmental unit or a former participating governmental unit that has withdrawn; or (ii) a member of the Employees’ Pension System who transferred from the Employees’ Retirement System after April 1, 1998. (2) 'Eligible employee' includes: (i) a member of the Employees’ Pension System who contributes to a State supplemental plan authorized by an employing institution as defined in § 30-101 of this article; or (ii) a member of the Employees’ Pension System who is an employee of the Northeast Maryland Waste Disposal Authority. (c) 'Optional Defined Contribution System' means the system established under § 32-201 of this title. (d) 'Participating employee' means an eligible employee who participates in the Optional Defined Contribution System. (e) (1) 'State supplemental plan' means a plan qualified under the Internal Revenue Code and: (i) administered by the

n eligible employee who participates in the Optional Defined Contribution System. (e) (1) 'State supplemental plan' means a plan qualified under the Internal Revenue Code and: (i) administered by the Supplemental Board; or (ii) authorized for eligible employees by an employing institution as defined in § 30-101 of this article. (2) 'State supplemental plan' includes: (i) a salary reduction plan qualified under § 401(k) of the Internal Revenue Code; (ii) a tax sheltered annuity plan qualified under § 403(b) of the Internal Revenue Code; (iii) a deferred compensation plan qualified under § 457 of the Internal Revenue Code; or (iv) a plan qualified under § 401(a) of the Internal Revenue Code. (f) 'Supplemental Board' means the State Board of Trustees of the Maryland Teachers and State Employees Supplemental Retirement Plans established under § 35-201 of this article.