J. MILLARD TAWES, Governor                      553

Section 11(12) thereof, providing a REVISING THE system of
retirement benefits for former members of the General Assembly,
and relating generally to the terms, conditions, and requirements
for the payment of CONTRIBUTIONS BY MEMBERS AND FOR
THE PAYMENT OF such retirement benefits and allowance.

Section 1. Be it enacted by the General Assembly of Maryland,
That a new Section 11(13) be and it is hereby added to Article 73B
of the Annotated Code of Maryland (1957 Edition and 1965 Supple-
ment), title "Pensions," subtitle "In General," to follow immediately
after Section 11 (12) thereof, and to read as follows:

(13) Any person who is or may hereafter be appointed or elected
to membership in the General Assembly may elect to contribute
fifteen per cent (15%) of his compensation on and after July 1, 1966,
and, in such event, shall become a member or continue as a member of
the Retirement System and be eligible to receive the benefits enumer-
ated in this Subsection (13) on account of his service in the General
Assembly. Anything in this Article to the contrary notwithstanding,
the benefits payable to a member under this Subsection (13) shall be
in lieu of any and all pension benefits which may be payable to such
member under any retirement system supported wholly or in part by
the State, or, in the alternative such member may at any time prior
to his retirement transfer his credit for service in the General Assem-
bly to any other retirement system, supported wholly or in part by
the State, of which he is or may become a member. For the purposes
of this Subsection (13), "service" shall mean service as an elected or
appointed member of the General Assembly and "year of service"
shall mean a year or any fraction thereof during which a member
serves in the General Assembly and for which he makes contribu-
tions under this Subsection, and shall also include all service rendered
prior to July 1, 1966, provided he has contributed all amounts (with
interest thereon) he was eligible to contribute hereunder for service
on and after July 1, 1966 OR PART OF SUCH SERVICE REN-
DERED PRIOR TO HIS COMMENCEMENT OF CONTRIBU-
TIONS HEREUNDER BUT NOT PRIOR TO JULY 1, 1966, PRO-
VIDED HE HAS CONTRIBUTED ALL AMOUNTS (WITH INTER-
EST THEREON) HE WAS ELIGIBLE TO CONTRIBUTE
HEREUNDER WITH RESPECT TO SUCH SERVICE. SERVICE
RENDERED PRIOR TO JULY 1, 1966, SHALL ALSO BE CRED-
ITED HEREUNDER PROVIDED THAT THE MEMBER SHALL
HAVE MADE OR MAKES UP THE CONTRIBUTIONS (WITH
INTEREST THEREON TO DATE OF PAYMENT) WHICH HE
WOULD HAVE PAID HAD HE BEEN A MEMBER OF THE EM-
PLOYEES RETIREMENT SYSTEM DURING SUCH SERVICE
BUT WITHDREW FROM THE SYSTEM AS OF JUNE 30, 1966.

(a)    Service Retirement Allowance—Any such member who has
COMPLETED SIXTEEN YEARS OF SERVICE OR HAS attained
the age of fifty (50) FIFTY-FIVE (55) and has completed eight (8)
years of service may retire and receive a retirement allowance which
shall be equal to one-twentieth (1/20) of his last annual earnable
compensation multiplied by the number of years of his service not
in excess of twenty (20) years.

(b)    Deferred Service Retirement Allowance—Any such member
whose service is terminated after eight (8) years of service prior to