Section 39-101 - Definitions. - Maryland Statutes

§ 39-101. Definitions.
 

(a)  In general.- In this title the following words have the meanings indicated. 

(b)  County.- "County" means a county of the State and, unless expressly provided otherwise, Baltimore City. 

(c)  Special retirement or pension system.-  

(1) "Special retirement or pension system" means a retirement or pension system that: 

(i) provides retirement or pension benefits; and 

(ii) allows a county executive, county council member, county commissioner, or appointed official to participate. 

(2) "Special retirement or pension system" does not include: 

(i) a defined contribution plan with benefits determined by an actuarial computation based on employee contributions and the accrued return on those contributions; or 

(ii) a retirement or pension plan that determines benefit amounts using computations or other specific methods enacted as an ordinance by the governing body. 
 

[1995, ch. 616.]