964                                        LAWS OF MARYLAND                                Ch. 459

(d) Which pro rata computation is made by the use of the following formula:
$4800 - b                  c.s

x

4                               25

in which formula "b" represents "benefits provided by § 195" and "c.s."
represents "years of creditable service," and

(e) Provided that the retirement allowance used in calculating the supplementary
payment shall be the total benefits provided in § 195 of this article except that it
shall not be based on any optional benefit chosen by the beneficiary and

(f) Provided that such beneficiary, excepting any person who may be retired for
reasons of disability, who is eligible to receive benefits from the federal old age and
survivors' insurance system shall have any supplemental payment for which said
beneficiary is eligible, under this subtitle, reduced by an amount equal to the
benefit the beneficiary is entitled to receive from the federal old age and survivors'
system. Such reduction, however, shall not be greater than the total amount of the
supplemental payment for which said beneficiary is eligible.

(g) Provided that in the case of any person who has retired as a member of any
local retirement or pension system operated by any particular city or county of this
State for teachers to which system the State's contributions for benefits is paid
pursuant to the provisions of § 198(6) (a) of this article, the supplementary
payments authorized by the provisions of this section shall be paid to the treasurer
of the particular city or county operating such local retirement or pension system;
provided, further that the total retirement benefits, including any and all
supplementations thereto, paid or distributed by any such local retirement or
pension system shall not be less than is provided in this article for any person with
similar service and wage records; and provided, further, that nothing contained in
this subsection shall operate to reduce the total retirement benefit or benefits,
including any such supplementations thereto, being paid as of June 30, 1962, to
any retired individual; and provided, further, that the total payments made by the
State under the provisions of this subsection to the treasurer of any particular city
or county operating any such local retirement or pension system shall be used only
for the purpose of making payment to retired individuals and shall not be used for
any other purpose.

(h) When determining the amount of supplementary payments, the board of
trustees shall not consider any additional voluntary contributions by any teacher to
his annuity savings account.

(i) Any teacher who has less than thirty (30) years of service, and who files for a
deferred retirement allowance, shall not be entitled to receive a supplementary
pension benefit.]

199.

All pensions to teachers retired under Chapter 447 of the Acts of 1920 in force
on the date this retirement system is established shall be continued and paid
thereafter from the (Pension 1 Accumulation Fund created by this subtitle. The
residue of any appropriation made for the payment of the pension of teachers
retired under Chapter 447 of the Acts of 1920 shall be transferred and credited to
the [Pension] Accumulation Fund created by this subtitle.

205.