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Session Laws, 1912
Volume 370, Page 154   View pdf image
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154 LAWS OF MARYLAND. [Ch. 83]

immediately preceding retirement, in ten equal monthly instal-
ments (excepting August and September), but no salary of any
teacher shall be less than three hundred and sixty dollars, nor
greater than six hundred dollars per annum, and the board of
trustees of the Teachers' Retirement Fund of Baltimore County,
subject to such reasonable rules or regulations as the board of
trustees of the Teachers' Retirement Fund of Baltimore County
may adopt, shall pay the salaries to the persons entitled thereto
under this section and sections 376H and 3Y6I.

376P. Any teacher who shall cease to be such before receiv-
ing any benefit from said Teachers' Retirement Fund, shall be
entitled to the return of one-half the amount, without interest,
which shall have been paid into said Teachers' Retirement Fund
by such teacher; provided, however, should such teacher there-
after again teach in the public schools of said county, such
teacher shall repay to said Teachers' Retirement Fund the
amount so returned to such teacher, within one year from the
date of his or her return to service in the schools, and upon such
repayment being made he or she shall be entitled to credit for
the length of the time of the former, service, and should any
teacher die before receiving any of the benefits by this act pro-
vided, the board of trustees of the Teachers' Retirement Fund
of Baltimore County shall pay to such teacher's estate or to such
teacher's designated beneficiary, one-half the amount, without
interest, which shall have been paid into said Teachers' Retire-
ment Fund by said teacher.

376Q. No salary of any kind whatsoever provided for in this
act shall be payable or paid during the first two years during
which said act shall become operative; provided, further, should
any contributors to said Teachers' Retirement Fund make appli-
cation for retirement under the provisions of this act during
said two years, his or her name shall be placed upon a waiting
list, and he or she shall be retired in the order of his or her
application when the said two years shall have expired, but no
teacher shall be retired by the Board of County School Commis-
sioners of Baltimore County, or the board of district trustees
of the respective schools, or either of them or both as the case
may be, under this act, until after the expiration of said two
years.

376R. The said Teachers' Retirement Fund and all salaries
granted and payable out of the same shall be and are exempt
from seizure or levy under attachment, execution, supplemental
process, and all other process; and such salaries or any payment
of the same shall not be subject to sale, assignment, or transfer

 

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Session Laws, 1912
Volume 370, Page 154   View pdf image
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