Anne Arundel County                             2465

(iii) the amount of pension will be computed by multiplying one
and two-thirds percent (1⅔%) of his average final earnings by his years
of credited service times either

seventy-five percent (75%) for ten (10) years of service, or five (5)
years of service if he is an elected or appointed official; or

eighty percent (80%) for eleven (11) years of service or, six (6)
years of service if he is an elected or appointed official; or

eighty-five percent (85%) for twelve (12) years of service or, seven
(7) years of service if he is an elected or appointed official; or

ninety percent (90%) for thirteen (13) years of service or, seven
(7) years of service if he is an elected or appointed official; or

ninety-five percent (95%) for fourteen (14) years of service or, nine
(9) years of service if he is an elected or appointed official; or

one hundred percent (100%) for fifteen (15) or more years of service
or, ten (10) or more years of service, if he is an elected or appointed
official.

(b)    If a terminated vested employee dies before he reaches the
first of the month coinciding with or next following his sixtieth (60th)
birthday, his beneficiary will receive a single lump sum death benefit
payment equal to his participant's contributions with credited interest.

(c)    If an employee's service with the County terminates before his
retirement date and before he has completed ten (10) years of service
or five (5) years of service, if he is an elected or appointed official, he
will be paid his participant's contributions with credited interest and he
will cease to be a participant. Any participant's contributions paid into
the plan by other than the employee shall remain therein whenever the
employee ceases to be a participant. (See Section 1-218 (k) Leave of
absence.)

Section 1-224.

(a) In lieu of having his pension payable under the normal annuity
form, a participant may elect to receive pension benefits of actuarially
equivalent value under the Contingent Annuitant Option by filing written
notice thereof with the Personnel Officer prior to his early retirement date
or normal retirement date, whichever first occurs. If the election of this
optional form is in effect on the participant's early retirement date or
normal retirement date, whichever first occurs, the participant will receive
a reduced amount of pension benefit during his lifetime and following his
death a pension benefit will be continued and paid for life to his wife or
other named Contingent Annuitant, if surviving, in the same reduced
amount (or 66⅔% or 50% thereof if so specified in the election). The
election of the Contingent Annuitant Option shall be subject to the follow-
ing terms and provisions in the event of the death of either the participant
or his contingent annuitant:

(1)    If the participant or contingent annuitant dies before the earlier
of the participant's early retirement date or normal retirement date, the
option shall be void.

(2)    If the contingent annuitant dies on or after the participant's
normal retirement date, but before the day he actually retires, the pension
payable to the participant upon his actual retirement shall be in the same
amount as it would have been if the Contingent Annuitant Option had
not been elected.