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Session Laws, 1959
Volume 642, Page 1374   View pdf image (33K)
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1374                            Laws of Maryland                      [Ch. 805

as the basis for the determination of any supplemental payment
under the provisions of section 14(7) of this article.

Sec. 2. And be it further enacted, That a new Section be and
it is hereby added to Article 73B of the said Code, title "Pensions,"
sub-title "Employees of Municipal Corporations," said new section
to follow immediately after Section 27 thereof, and to be known
as Section 27A, and to read as follows:

27A. Notwithstanding anything to the contrary in this article,
if any officer or employee of a participating municipal corporation,
while being a member of the State Employees' Retirement System,
shall vacate his position by reason of the termination of his tenure
by act of the General Assembly or
BY REASON OF THE ABOLI-
TION OF HIS JOB OR POSITION BY ACT of the legislative body
of the participating municipal corporation after said person has
twenty years of creditable service, regardless of age, he may elect to
receive the allowance for service retirement in lieu of the withdrawal
of his accumulated contributions. The board of trustees shall include
any additional amount required to pay such pension in the amount
certified to the chief fiscal officer of the participating municipal cor-
poration as provided by Section 26 of this Article, should
SHOULD
such beneficiary be appointed or elected to any office, the salary or
compensation of which is paid by the State or by a participating mu-
nicipal corporation, his retirement allowance shall cease, and he may
again become a member of the Retirement System and shall con-
tribute thereafter at the same rate he paid prior to his retirement.
Any prior service certificate on the basis of which his service was
computed at the time of his retirement shall be restored to full force
and effect, and in addition upon his subsequent retirement he shall be
credited with all his service as a member, provided his pension up-
on such subsequent retirement shall not exceed the pension he was
receiving prior to restoration plus such pension as may have ac-
crued on account of his membership service after restoration. The
payment of all such pensions and the continued payment of such
pensions shall be
contingent on the payment annually by the State
of Maryland and the
participating municipal corporations of the

additional amount so required to meet the current disbursements of

such pensions. PAYMENT OF ANY SUCH PENSION AND THE
CONTINUED PAYMENT OF ANY SUCH PENSION SHALL BE
CONTINGENT ON THE PAYMENT ANNUALLY BY THE STATE
OF MARYLAND OR THE PARTICIPATING MUNICIPAL COR-
PORATION, AS THE CASE MAY BE, OF THE ADDITIONAL
AMOUNT SO REQUIRED TO MEET THE CURRENT DIS-
BURSEMENTS OF SUCH PENSION.

SEC. 3. And be it further enacted, That Section 6(c) of Article
73B of the said Code title "Pensions," and section 28 of Article 73B
of the said Code, title "Pensions," sub-title "Employees of Munic-
ipal Corporations,' be and they are hereby repealed.

Sec. 4. And be it further enacted, That this Act shall take effect
on June 1, 1959.

Approved May 5, 1959.

 

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Session Laws, 1959
Volume 642, Page 1374   View pdf image (33K)
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