MARVIN MANDEL, Governor                        979

116.

(1) (a) The Annuity Savings Fund shall be a fund in which shall
be accumulated contributions from the compensation of members to
provide for their annuities. Upon the basis of such tables as the
board of trustees shall adopt and [regular interest] an interest rate
of four per centum per annum compounded annually, the actuary
of the Retirement System shall determine for each member the pro-
portion of compensation which, when deducted from each payment
of his prospective earnable annual compensation prior to his attain-
ment of age 60 and accumulated at [regular] interest of four per
centum per annum compounded annually, until his attainment of
such age shall be computed to provide at that time an annuity equal
to [the pension to which he will be entitled at that age on account
of his] one one-hundred and fortieth of his average final compen-
sation for each year of service as a member. Such proportion of
compensation shall be computed to remain constant.

(3) (d) Immediately succeeding the [first] valuation as of June
30, 1969, the actuary engaged by the board of trustees shall compute
the rate per centum of the total annual compensation of all mem-
bers which is equivalent to four per centum of the amount of the
total pension and death benefit liability on account of all members
and beneficiaries which is not dischargeable by the funds in hand
and the aforesaid normal contributions made on account of such
members during the remainder of their active service. The rate per
centum [originally] so determined shall be known as the "accrued
liability contribution" rate.

Sec. 2. And be it further enacted, That this Act shall take effect
July 1, 1969.

Approved May 2, 1969.

CHAPTER 408
(Senate Bill 637)

AN ACT to repeal Sections 1, 2, 3, 4, 5, 6, 6A, 7, 8, 8A, 9, 9A, 10, 10A,
11, 12, 12A, 14, 15, 16, 17, 20, 25, and 26 of Article 51 of the Anno-
tated Code of Maryland (1968 Replacement Volume and 1968 Sup-
plement), title "Jurors," subtitle "Qualification and Selection of
Jurors;" to enact new Sections 1 to 13 inclusive of said Article 51
to stand in the place of the sections so repealed; to renumber Sec-
tions 13, 18, 19, 21, 23, 25, 27 , 28, and 29 of said Article 51 as
Sections 14, 15, 16, 17, 18, 19 and 20 , 20, 21, AND 22 respectively;
to repeal Section 19 of Article 32 of the Annotated Code of Mary-
land (1967 Replacement Volume), title "Dentistry," subtitle "In
General"; to repeal all other Acts or parts of Acts inconsistent
with this Act, including portions of the several Codes of Public
Local Laws for the Political Subdivisions of Maryland; and to
repeal and re-enact, with amendments, Sections 53 and 63 of
Article 65 of the Annotated Code of Maryland (1968 Replacement
Volume), subtitles "In General" and "Maryland State Guard,"
generally revising the laws of this State concerning the qualifica-