SPIRO T. AGNEW, Governor

1553

federal old age and survivors' insurance system shall have any sup-
plemental payment for which said beneficiary is eligible, under this
subtitle, reduced by an amount equal to the benefit received from
the federal old age and survivors' system. Such reduction, however,
shall not be greater than the total amount of the supplemental pay-
ment for which said beneficiary is eligible.

Sec. 2. And be it further enacted, That Section 116(7) of Article
77 of the Annotated Code of Maryland (1965 Replacement Volume),
title "Public Education," subtitle "Chapter 8. Teachers Certificates,
Salaries and Pensions," subheading "Teachers' Retirement System,"
be and it is hereby repealed and re-enacted, with amendments, to
read as follows:

116.

(7) The board of trustees is hereby authorized and directed, sub-
ject 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 subsections (1), (2), (3), (4), (5), and
(6) of this section, and subject to the conditions hereinafter pro-
vided, to make a supplementary payment to any beneficiary, or mem-
ber who may be retired from service in the future, in addition to
the benefits provided in Section 113 of this Article, on the following
basis:

(a)  Which is not less than the rate of the supplementary pay-
ment received by any beneficiary prior to July 1,1962, and

(b)  Which, when added to the benefits provided pursuant to Sec-
tion 113 of this article is not less than [$1600] $2,000 per annum;
provided, however that the said beneficiary, or member who may be
retired from service in the future, is credited with 25 years of service,
and provided that any beneficiary, or a 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:

Beneficiary Receiving

under Section 113 of

Teachers' Retirement Law

$ 900
1200
1500
1800
2100
2400
2700
3000
3300
3600
3900
4200
4500
4800

Length of
Service
25 years
25 years
25 years
25 years
25 years
25 years
25 years
25 years
25 years
25 years
25 years
25 years
25 years
25 years

Supplementary
Payments

[700]

$1100

	[700]	900
	[525]	825
	[450]	750
	[375]	675
	[300]	600
	[225]	525
	[150]	450
	[ 75]	375
[ 0 and	300
	225
	150
	75
		0 and