Ch. 479

LAWS OF MARYLAND

(I)  IS AT LEAST 50 YEARS OLD; OR

(II)  HAS COMPLETED AT LEAST 25 YEARS OF
CREDITABLE SERVICE; AND

(III)  HAS SUBMITTED A WRITTEN APPLICATION TO
THE BOARD OF TRUSTEES STATING THE MONTH IN WHICH THE MEMBER
DESIRES TO RETIRE.

(2) THE EFFECTIVE DATE OF RETIREMENT MAY BE NO
EARLIER THAN THE 1ST DAY OF THE MONTH FOLLOWING TERMINATION OF
EMPLOYMENT.

(D)  (1) ON RETIREMENT A MEMBER SHALL RECEIVE A SERVICE
RETIREMENT ALLOWANCE THAT SHALL BE COMPUTED AS 1 PERCENT OF THE
PART OF THE MEMBER'S AVERAGE FINAL COMPENSATION THAT IS NOT IN
EXCESS OF THE SOCIAL SECURITY INTEGRATION LEVEL, PLUS 1.7 PERCENT
OF THE PART OF THAT COMPENSATION THAT IS IN EXCESS OF THE SOCIAL
SECURITY INTEGRATION LEVEL, MULTIPLIED BY THE NUMBER OF YEARS OF
THE MEMBER'S CREDITABLE SERVICE.

(2) ON RETIREMENT A MEMBER WHO HAS TRANSFERRED TO
THIS PENSION SYSTEM FROM THE EMPLOYEES' RETIREMENT SYSTEM AND HAD
ELECTED TO RECEIVE BENEFITS IN ACCORDANCE WITH § 11D OF THIS
ARTICLE SHALL RECEIVE A SERVICE RETIREMENT ALLOWANCE THAT SHALL
BE COMPUTED AS ONE-FIFTIETH OF THE MEMBER'S AVERAGE FINAL
COMPENSATION FOR EACH OF THE FIRST 30 YEARS OF CREDITABLE
SERVICE, PLUS ONE ONE-HUNDREDTH OF AVERAGE FINAL COMPENSATION FOR
EACH YEAR OF CREDITABLE SERVICE GREATER THAN 30 YEARS.

(E)  A MEMBER RETIRED IN ACCORDANCE WITH SUBSECTION (D)(1)
OF THIS SECTION SHALL RECEIVE A SUPPLEMENTAL SERVICE RETIREMENT
ALLOWANCE THAT SHALL BE COMPUTED AS THE DIFFERENCE BETWEEN THE
SERVICE RETIREMENT ALLOWANCE RECEIVED BY THE MEMBER AND A SERVICE
RETIREMENT ALLOWANCE COMPUTED AS 1.7 PERCENT OF THE MEMBER'S
AVERAGE FINAL COMPENSATION FOR EACH YEAR OF CREDITABLE SERVICE.
THE MEMBER, UPON RETIREMENT, SHALL RECEIVE THIS SUPPLEMENTAL
RETIREMENT ALLOWANCE UNTIL THE MEMBER ATTAINS THE AGE OF 6 2
YEARS.

(F)  (1) ON THE APPLICATION OF A MEMBER OR OF THE MEMBER'S
DEPARTMENT HEAD IF THE MEMBER IS UNABLE TO APPLY, ANY MEMBER WHO
HAS HAD 5 OR MORE YEARS OF CREDITABLE SERVICE MAY BE RETIRED BY
THE BOARD OF TRUSTEES ON AN ORDINARY DISABILITY RETIREMENT
ALLOWANCE IF THE MEDICAL BOARD, AFTER A MEDICAL EXAMINATION OF
THE MEMBER, CERTIFIES THAT:

(I)  THE MEMBER IS MENTALLY OR PHYSICALLY
INCAPACITATED FOR THE FURTHER PERFORMANCE OF THE NORMAL DUTIES OF
THE MEMBER'S POSITION;

(II)  THE INCAPACITY IS LIKELY TO BE PERMANENT;
AND

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