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Session Laws, 1970
Volume 695, Page 2565   View pdf image
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Anne Arundel County                             2565

(a) ), PENSION PAYMENTS IN THE AMOUNT THAT WAS PAY-
ABLE IN RESPECT TO THE PARTICIPANT'S COVERAGE, WILL, BE
CONTINUED AND PAID TO THE PARTICIPANT'S BENEFICIARY
DURING THE REMAINDER OF SUCH PERIOD. IF THE PAYMENTS
MADE UNDER THIS PLAN TO THE PARTICIPANT, HIS LAWFUL
SPOUSE AND SURVIVING UNMARRIED CHILDREN, HIS CONTIN-
GENT ANNUITANT, AND HIS BENEFICIARY DO NOT EQUAL THE
AMOUNT OF HIS CONTRIBUTIONS TOGETHER WITH CREDITED
INTEREST TO HIS DATE OF RETIREMENT OR DISABILITY, AS
THE CASE MAY BE, ANY EXCESS CONTRIBUTIONS WITH CRED-
ITED INTEREST SHALL BE PAID IN A LUMP SUM TO THE PAYEE
LAST ENTITLED TO BENEFITS UNDER THIS PLAN OR THE ES-
TATE OF SUCH PAYEE.

(c) (1) INASMUCH AS BENEFITS TO A LAWFUL SPOUSE
OR A BENEFICIARY MAY BECOME PAYABLE IN RESPECT TO
A PARTICIPANT'S COVERAGE, THE PARTICIPANT SHALL DESIG-
NATE A LAWFUL SPOUSE AND A BENEFICIARY BY FILING WITH
THE PERSONNEL OFFICER WRITTEN NOTICE THEREOF ON A
FORM SATISFACTORY TO THE PERSONNEL OFFICER.

(2)    THE DESIGNATION OF A LAWFUL SPOUSE SHALL BE
MADE PRIOR TO A PARTICIPANT'S RETIREMENT DATE (OR
NORMAL RETIREMENT DATE IN THE CASE OF A PARTICIPANT
DISABLED IN ACCORDANCE WITH SECTION 14-303 (a) ). THE
PARTICIPANT SHALL CHANGE HIS DESIGNATION OF LAWFUL
SPOUSE UPON REMARRIAGE AS LONG AS SAID REMARRIAGE
IS PRIOR TO THE RETIREMENT DATE SPECIFIED IN THE PRE-
CEDING SENTENCE, BY FILING WRITTEN NOTICE THEREOF ON
A FORM SATISFACTORY TO THE PERSONNEL OFFICER. IF THE
PARTICIPANT OR LAWFUL SPOUSE DIES BEFORE THE PARTIC-
IPANT'S RETIREMENT DATE (OR NORMAL RETIREMENT DATE
IF A DISABLED PARTICIPANT IN ACCORDANCE WITH SECTION
14-303 (a) ), THE DESIGNATION OF SAID SPOUSE SHALL BE VOID.

(3)    THE PARTICIPANT MAY CHANGE HIS DESIGNATION
OF BENEFICIARY FROM TIME TO TIME BY FILING WRITTEN
NOTICE THEREOF ON A FORM SATISFACTORY TO THE PERSON-
NEL OFFICER. THE DESIGNATION OF A BENEFICIARY SHALL
TAKE EFFECT AS OF THE DATE OF EXECUTION OF SUCH
NOTICE THEREOF WHETHER OR NOT THE PARTICIPANT BE LIV-
ING AT THE TIME OF SUCH FILING BUT WITHOUT PREJUDICE
TO THIS PLAN ON ACCOUNT OF ANY PAYMENTS MADE UNDER
THIS PLAN BEFORE RECEIPT OF SUCH NOTICE BY THE PER-
SONNEL OFFICER. IF NO NAME HAS BEEN FILED, OR IF THE
NAMED BENEFICIARY DOES NOT SURVIVE THE PARTICIPANT,
THE BENEFITS WHICH WOULD HAVE BEEN PAID TO THE
NAMED BENEFICIARY SHALL AT THE OPTION OF THE PERSON-
NEL OFFICER, BE PAID TO ONE OF THE FOLLOWING: THE PAR-
TICIPANT'S WIDOW OR WIDOWER; SURVIVING CHILDREN IN
EQUAL SHARES, OR THE EXECUTOR OR ADMINISTRATOR OF
THE PARTICIPANT.

(4)    PAYMENTS MADE TO ANY PERSON SET OUT IN THESE
PARAGRAPHS WILL RELEASE THE PENSION FUND FROM ALL
FURTHER LIABILITY TO THE EXTENT OF SUCH PAYMENT.

 

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Session Laws, 1970
Volume 695, Page 2565   View pdf image
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