§ 23-406
76 words·~1 min read·
/md/state-personnel-and-pensions/23-406·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§23–406.
(a)The Board of Trustees shall reduce a member’s allowance if the member:
(1)received any accumulated contributions, other than additional contributions, in connection with a prior separation from employment;
(2)is credited with prior eligibility service; and
(3)does not repay, with interest to the date of retirement, the amount received.
(b)A reduction under subsection
(a)of this section shall equal the actuarial equivalent of the amount, including interest, that is not repaid.