Section 32-205.1 - Northeast Maryland Waste Disposal Authority. - Maryland Statutes

§ 32-205.1. Northeast Maryland Waste Disposal Authority.
 

(a)  Matching contribution eligibility.- Employees of the Northeast Maryland Waste Disposal Authority who are members of the Employees' Pension System shall be eligible for a matching contribution if: 

(1) the Supplemental Board determines that employees of the Northeast Maryland Waste Disposal Authority are eligible to participate in and contribute to one or more of the State supplemental plans; and 

(2) the Northeast Maryland Waste Disposal Authority makes an irrevocable election to participate in the Optional Defined Contribution System. 

(b)  Amount of match.- If the Northeast Maryland Waste Disposal Authority makes an election under this section, the Northeast Maryland Waste Disposal Authority shall be required to pay for each employee who makes contributions under § 32-204 of this subtitle, a contribution in an amount equal to the lesser of the employee's contributions or $600 per fiscal year, in the manner directed by the Supplemental Board. 
 

[2000, ch. 187.]