1046                             Laws of Maryland                       Ch. 459

Volume and 1969 Supplement), title "Courts," subtitle "Pensions
of Judges and Their Widows," to make various changes in the
provisions of the contributory pension system for judges in the
State with respect generally to the effect of joining this system,
CALCULATION OF PENSION BENEFITS, return of contri-
butions under conditions, maximum amount of pension and amount
of local supplementation, limitations on payment of pensions,
granting of pensions for widows of judges, administration of pen-
sion funds, and correction of errors therein.

Section 1. Be it enacted by the General Assembly of Maryland,
That Section 49(i) of Article 26 of the Annotated Code of Maryland
(1966 Replacement Volume and 1969 Supplement), title "Courts,"
subtitle "Pensions of Judges and Their Widows," be and it is hereby
repealed and re-enacted, with amendments, to read as follows:

(1)    On and after July 1, 1969, each judge subject to the pro-
visions of this subtitle and covered by the pension plan provided for
in this subsection shall receive upon termination of active service if
he is then at least sixty years of age or when he becomes sixty years
of age a pension in an amount equal to sixty per centum (60%)
of his maximum salary or one-sixteenth (1/16) of that amount for
each year of service, OR A PRO-RATA SHARE TO REFLECT LESS
THAN A FULL YEAR OF SERVICE, if he served for less than
sixteen years.

(2)    All judges subject to the provisions of this subtitle who are
in office as of June 30, 1969, may elect to remain under the present
pension plan or to be under the pension plan provided for in this
subsection; provided, any judge who elects to be under the pension
plan provided for in this subsection shall not be able to subsequently
select the pension provided in subsections (a), (b), and (c) of this
Article SECTION. All judges [and those] taking office RECEIVING
INITIAL APPOINTMENTS OR INITIALLY ELECTED after
June 30, 1969, shall be under the pension plan provided for in this
subsection.

(3)    Any judge who does not elect to be paid a pension under
subsections (a), (b) or (c) of this section shall be deemed to have
elected to receive a pension under the provisions of this subsection.

(4)    Each judge electing to be under the pension plan provided for
in this subsection, or who is otherwise under this pension plan,
shall contribute toward the cost of his pension an amount equal to
six per centum (6%) of his annual compensation which shall be
deducted from his compensation each pay period [and paid to the
state treasurer].

Any judge in office as of June 30, 1969, who initially does not
elect to be under the pension plan provided for in this subsection,
but who later wishes to do so must, upon such election, pay in a
lump sum, in addition to the annual contributions provided for in
this subsection, an amount equal to the contributions he would have
made, if initially under the plan, for each year after June 30, 1969,
plus interest of four percent (4%).

49(i).