Md. Code, State Pers. & Pens. § 20-209

Current with changes from the 2024 Legislative Session
Section 20-209 - Use of forfeiture of benefits
(a) In conformity with § 401(a)(8) of the Internal Revenue Code, any forfeiture of benefits by a member or former member of the several systems may not be used by the Board of Trustees to pay benefit increases.
(b) Any forfeiture of benefits by a member shall be used to reduce employer contributions.

Md. Code, SPP § 20-209