Current with changes from the 2024 Legislative Session
Section 29-207 - Death benefit for former members(a) If a former member who is eligible for a vested allowance dies before payment of the vested allowance starts, the Board of Trustees, after receiving proof of death, shall pay the former member's accumulated contributions to: (1) the designated beneficiary; or(2) if there is no designated beneficiary, the former member's estate.(b) If a former member who is not eligible for a vested allowance dies before withdrawing the former member's accumulated contributions, the Board of Trustees, after receiving proof of death, shall pay the former member's accumulated contributions to: (1) the designated beneficiary; or(2) if there is no designated beneficiary, the former member's estate.Amended by 2023 Md. Laws, Ch. 192, Sec. 2, eff. 7/1/2023.Amended by 2023 Md. Laws, Ch. 191, Sec. 2, eff. 7/1/2023.