clear space clear space clear space white space
A
 r c h i v e s   o f   M a r y l a n d   O n l i n e

PLEASE NOTE: The searchable text below was computer generated and may contain typographical errors. Numerical typos are particularly troubling. Click “View pdf” to see the original document.

  Maryland State Archives | Index | Help | Search
search for:
clear space
white space
Session Laws, 1955
Volume 620, Page 970   View pdf image (33K)
 Jump to  
  << PREVIOUS  NEXT >>
clear space clear space clear space white space

970                               LAWS OF MARYLAND                        [CH. 598

of Trustees, any member may redeposit in the Annuity Savings Fund
by a single payment or by an increased rate of contribution an
amount equal to the total amount which he previously withdrew
therefrom as provided in this sub-title, or any part thereof; or any
member may deposit therein by a single payment or by an increased
rate of contribution an amount computed to be sufficient to purchase
an additional annuity, which, together with his prospective retire-
ment allowance, will provide for him a total retirement allowance
[of not to exceed one-half] not in excess of two-thirds of his average
final compensation at age sixty or after thirty years of creditable
service, whichever would first occur. Such additional amounts so
deposited shall become a part of his accumulated contributions except
in the case of disability retirement, when they shall be treated as
excess contributions returnable to the member in cash or as an
annuity of equivalent actuarial value. The accumulated contributions
of the member withdrawn by him, or paid to his estate or to his
designated beneficiary in event of his death as provided in this sub-
title, shall be paid from the Annuity Savings Fund. Upon the retire-
ment of a member his accumulated contributions shall be transferred
from the Annuity Savings Fund to the Annuity Reserve Fund.

[See page image for strike-through]



 

clear space
clear space
white space

Please view image to verify text. To report an error, please contact us.
Session Laws, 1955
Volume 620, Page 970   View pdf image (33K)
 Jump to  
  << PREVIOUS  NEXT >>


This web site is presented for reference purposes under the doctrine of fair use. When this material is used, in whole or in part, proper citation and credit must be attributed to the Maryland State Archives. PLEASE NOTE: The site may contain material from other sources which may be under copyright. Rights assessment, and full originating source citation, is the responsibility of the user.


Tell Us What You Think About the Maryland State Archives Website!



An Archives of Maryland electronic publication.
For information contact mdlegal@mdarchives.state.md.us.

©Copyright  October 10, 2023
Maryland State Archives