592                             LAWS OF MARYLAND                     [CH. 171

equivalent basis. [Except, that as to any such member who con-
tributed on the basis of retirement at age 65 under the provisions
of Section 14(1) (b), and who is more than 63 years of age and
having creditable service of more than forty years shall not be
reduced by the actuarial equivalent.]

(2)    The annuity provided as a result of voluntary contributions
permitted under this subtitle and its amendments shall be payable
and shall not be used in determining the additional pension, if any,
payable under this subdivision, nor in determining the disability
pension under Section 11, subsection (5).

(3)    The payment of the additional pensions provided herein
shall be provided for in the budget bill submitted to the General
Assembly by the Governor and on receipt of the warrant of the
Comptroller, annual payments shall be made by the Treasurer of the
State of Maryland to the aforesaid retirement system of the amounts
required to meet the current disbursements for such additional pen-
sions.

(4)    The additional pensions provided herein shall be provided
for the employees of municipal corporations upon the approval of the
legislative body of any such municipal corporation participating in
the Employees' Retirement System.

(5)    Any member of the system who made additional voluntary
contributions under Section 14(1) (e) of this article may withdraw
the additional amount of contributions with interest, provided that
refund is requested within one year after July 1, 1963.

(6)    The provisions of subsection (3) (e) herein apply to mem-
bers who retired prior to June 30, 1962, as well as to those who
retire after that date.

Sec. 2. And be it further enacted, That this Act shall take effect

July 1, 1969.

SEC. 2. AND BE IT FURTHER ENACTED, THAT THIS ACT
IS HEREBY DECLARED TO BE AN EMERGENCY MEASURE
AND NECESSARY FOR THE IMMEDIATE PRESERVATION
OF THE PUBLIC HEALTH AND SAFETY AND HAVING BEEN
PASSED BY A YEA AND NAY VOTE SUPPORTED BY THREE-
FIFTHS OF THE MEMBERS ELECTED TO EACH OF THE
TWO HOUSES OF THE GENERAL ASSEMBLY, THE SAME
SHALL TAKE EFFECT FROM THE DATE OF ITS PASSAGE.

Approved April 23, 1969.

CHAPTER 171
(Senate Bill 150)

AN ACT to repeal and re-enact, with amendments, Section 1 (12),
Sections 11 (3), 11 (5), Section 13 (2), Section 14 (1) (a), Sec-
tion 14 (3) (d), and Section 26 (b) of Article 73B of the Anno-
tated Code of Maryland (1957 Edition 1967 REPLACEMENT
VOLUME and 1968 Supplement), title "Pensions," subtitle "In