§ 31-301. Definitions

MD State Pers & Pens Code § 31-301 (2019) (N/A)
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(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.