In accordance with § 403(b) of the Internal Revenue Code, a participating employee’s rights to benefits under an annuity contract purchased under the program shall be fully vested and nonforfeitable.
Md. Code, State Personnel and Pensions § 30-206, under Article — State Personnel and Pensions.
Md. Code, State Personnel and Pensions § 30-206
In accordance with § 403(b) of the Internal Revenue Code, a participating employee’s rights to benefits under an annuity contract purchased under the program shall be fully vested and nonforfeitable.