Expedited Bill No.
Revised: April 15, 2014 Draft No. _5_
May 5, 2014
June 17, 2014
Executive: _ _ _ _ _ _ _ __
Ch. _ _, Laws of Mont
Co. _ __
FOR MONTGOMERY COUNTY, MARYLAND
By: Council President at the Request ofthe County Executive
AN EXPEDITED ACT
ptovide that sick leave is used for vesting purposes in the Employees' Retirement
provide that months of service are included for vesting purposes in the Guaranteed
Retirement Income Plan and the Retirement Savings Plan;
permit the Chief Administrative Officer to authorize a designee to receive a
a participant continues to participate in the same retirement plan after
changing employment from the County directly to a participating agency or from a
participating agency directly to the County;
clarify that a part-time employee
before 1994 who
not participated in either
the Retirement Savings Plan or the Guaranteed Retirement Income Plan may elect to
participate in either plan;
clarify that a DRSPIDROP account balance must not be distributed until the final
decision on a disability application;
delete outdated references to Internal Revenue Code Section 415, which limits
contributions and benefits;
delete the requirement that the Disability Panel meet to review applications;
define a "direct rollover" and an "eligible retirement plan"; and
generally amend the law regarding the Employees' Retirement System and the
Retirement Savings Plan.
Montgomery County Code
Chapter 33, Personnel and Human Resources
Sections 33-37, 33-38A, 33-41, 33-42, 33-43, 33-44, 33-46, 33-115,33-119, and 33-120
[Single boldface brackets]
[[Double boldface brackets]]
* * *
Heading or defined term.
Added to existing law by original bill.
Deletedfrom existing law
Added by amendment.
or the bill by amendment.
Existing law zmaffected by bill.
County Council for Montgomery County, Maryland approves thefollowing Act.'