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Session Laws, 1963
Volume 671, Page 92   View pdf image (33K)
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92

LAWS OF MARYLAND

[CH. 56

ment), title "State Police", sub-title "Pensions", amending the
formula applicable to the payment of supplementary retirement
payments to certain retired members of the retirement and
pension system of the Maryland State Police, and relating gener-
ally to the amount and payment of such supplementary payments.

Section 1. Be it enacted by the General Assembly of Maryland,
That Section 31A of Article 88B of the Annotated Code of Maryland
(1962 Supplement), title "State Police", sub-title "Pensions", be and
it is hereby repealed and re-enacted, with amendments, to read as
follows:

31A.

(a)  The board of trustees of the retirement and pension system of
the Maryland State Police is hereby authorized and directed, subject
to the annual appropriation of the necessary funds and in addition
to those provided in accordance with and in the same manner as that
provided in Section 31, and subject to the conditions hereinafter
provided, to make a supplementary payment to any beneficiary, or
member who may be retired from service in the future, in addition
to the benefits provided in Section 31 of this article on the following
basis:

(b)   Which, when added to the benefits provided pursuant to
Section 31 of this article is not less than [$1,380] $1600 per annum;
provided, however, that the said beneficiary, or member may be
retired from service in the future, is credited with 25 years of service,
and provided that any beneficiary, or member who may be retired
from service in the future, having less than 25 years of creditable
service shall have his supplemental payment reduced in proportion
to the ratio of the number of years of creditable service divided by
25, and provided that no such reduction shall be made for any
beneficiary or member who may be retired in the future who was
retired for disability, and

(c)   Which is computed pro rata on the basis of the following
condensed table:

Beneficiaries Receiving

under Sec. 31 of

this Article

$ 900
1200
1500
1800
2100
2400
2700
3000
3300
3600

Length of
Service

25 years
25 years
25 years
25 years
25 years
25 years
25 years
25 years
25 years
25 years

Supplementary
Payments

[$480]

$700

[ 420]

600

[ 360]

525

[ 300]

450

[ 240]

375

[ 180]

300

[ 120]

225

[ 60]

150

[0 and]

75

0 and

(d) Which pro rata computation is made by the use of the follow-
ing formula:

[$3300] $3600 — b
[5]          4

X

c.s.

25

 

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Session Laws, 1963
Volume 671, Page 92   View pdf image (33K)
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