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Session Laws, 1971
Volume 707, Page 1155   View pdf image
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Marvin Mandel, Governor                       1155

in addition to the annual contributions provided for in this subsec-
tion, 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%).

[Any judge covered by the pension plan provided for in this sub-
section, who is not elected to a full term, or confirmed by the Senate
following his initial appointment, shall be paid the amount of his
accumulated contributions plus interest of four per centum (4%)
from the date or dates of payment, and shall not be entitled to any
pension under this subsection.]

Any [elected] judge qualified for the pension plan provided for in
this subsection who resigns, for reasons other than disability, prior
to reaching sixty years of age, shall be entitled to allow his contribu-
tions to remain in the pension system and shall at sixty years of age
be entitled to a pension as provided in this subsection; or shall be
entitled to withdraw his accumulated contributions plus interest at
four per centum (4%) calculated from the date or dates of payment
and shall forfeit any pension rights under the provisions of this
subsection. Any judge who withdraws his contribution and is subse-
quently appointed as a judge of the Court of Appeals, Court of Special
Appeals, Circuit Court, or Supreme Bench may obtain credit for his
prior years' service as a judge by the payment in a lump sum, of an
amount equal to the accumulated contributions and interest with-
drawn, plus interest at four per centum (4%) from the date of
withdrawal to the date of deposit.

If a judge dies prior to termination of active service and is not
survived by a widow qualified for a pension under Section 50 of this
article, the accumulated contributions plus interest of four per centum
(4%) shall be paid to the judge's estate. If a judge who is receiving
a pension dies and is not survived by a widow qualified for a pension
under Section 50 of this article or a widow who is receiving a pension
under Section 50 of this article dies, no portion of the accumulated
contributions shall be paid to either estate.

In no event shall any judge make the contributions provided for
by this subsection for more than sixteen years.

(5)    There shall be no local supplementation of pensions for
judges who elect to receive a pension under this subsection in any
amount that will make the total of State and local pension exceed
$20,000.

Judges entitled to a State pension under the provisions of this
subsection of more than $20,000 may receive the amount to which
they are entitled but shall not be eligible to receive any local
supplementation.

(6)    Each judge covered by the pension plan provided for in this
subsection shall be subject to the benefits and the limitations of
Sections 49 (e), (f) and (g) and Section 50 of this article.

(7)    The contributions made under this subsection shall be cred-
ited to the appropriate fund of the Employees' Retirement System of
the State of Maryland. The board of trustees of the Employees'
Retirement System shall be responsible for the management and
investments of the funds and the administration of the pension
system provided for in this subsection. An amount equal to the

 

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Session Laws, 1971
Volume 707, Page 1155   View pdf image
 Jump to  
  << PREVIOUS  NEXT >>


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