BALTIMORE COUNTY. 787

First. Assessment at the rate of two per centum per annum upon the
salary of each and every teacher liable therefor; and the assistant county
superintendent of public education of Baltimore County shall prepare
(excepting the months of August and September) a monthly roll of
assessments and place opposite the name of each and every teacher liable
thereto one-tenth of the amount of the annual assessment payable by him
or her, and shall furnish forthwith a copy of such roll to the treasurer
of the County Board of Education of Baltimore County, and the treasurer
shall deduct and retain out of the said monthly salary due to such teacher
one-tenth of the amount of such annual assessment payable by him or her,
and the aggregate sum of such monthly assessments (excepting the months
of August and September) shall be immediately paid by the said treas-
urer to the said Board of Trustees of the Teachers' Retirement Fund of
Baltimore County.

Second. Sums received from the County Commissioners of Baltimore
County as follows: In case the Board of Trustees of the Teachers' Re-
tirement Fund of Baltimore County shall deem it expedient to have an
additional stini to defray its expenses, to pay the salaries provided for
herein or to add to the Teachers' Retirement Fund, the said Board of
Trustees of the Teachers' Retirement Fund of Baltimore County shall
each year in due time prepare a full and detailed statement of the assets
of said Tachers' Retirement Fund and the additional sum which is re-
quired to defray said expenses, to pay said salaries or to add to the Teach-
ers' Retirement Fund and send the same to the County Commissioners of
Baltimore County; and the said County Commissioners of Baltimore
County are hereby authorized and empowered, in their discretion, to ap-
propriate such sum or any part thereof out of any funds in hand not
otherwise appropriated or to levy for same or any part thereof upon the
taxable property of Baltimore County; and if at any time or times said
appropriation or levy is made and the money is in hand, the same shall
be paid over to the Board of Trustees of the Teachers' Retirement Fund
of Baltimore County and the unexpended balance remaining in the Teach-
ers' Retirement Fund of Baltimore County at the end of each fiscal year
shall be added to the permanent fund in accordance with Section 735 of
this subtitle. Whenever it appears that the interest derived from the
investments of the permanent fund, together with one-half of the amount
added to the permanent fund from payments into the fund from teachers'
salaries (as provided bv Section 735) will not be sufficient to meet the
payments that may be due retired teachers under this Act during the suc-
ceeding fiscal school year, the Board of Trustees of the Teachers' Retire-
ment Fund of Baltimore County shall immerliately submit a statement
of such expected deficiency, with the causes thereof, to the County Com-
missioners and said County Commissioners shall include in their next
annual levy a sum sufficient to meet said expected deficiency, and shall pay
said sum to the Board of Trustees of the Teachers' Retirement Fund in
is equal installments as may be on the first davs of February, May, August
find November of the year for which the levy is made, and the payments