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Session Laws, 1971
Volume 707, Page 2551   View pdf image
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Anne Arundel County                             2551

(a) and (b) of the Anne Arundel County Code (1967) Edition and Sup-
plements, as amended by Bill No. 85-69), be, and they are hereby repealed
and re-enacted with amendments, to read as follows:

Section 14-300 (11)

(a)    If he was hired on or after January 1, [1958] 1960, the em-
ployee's normal retirement date shall be the first day of the month coinciding
with or next following his fifty-fifth birthday.

(b)    If he was hired prior to January 1, [1958] 1960, the employee's
normal retirement date shall be the first day of the month coinciding with
or next following the fiftieth birthday.

Section 2. AND BE IT FURTHER ENACTED, That new Sections
14-301 (c) and (d) are hereby added to said Code, Title and Subtitle
to follow immediately after Section 14-301 (b) thereof, to read as follows:

Section 14-301

(c)    Every participant in the Employees' Retirement Plan of Anne
Arundel County, Maryland, who accepts a position in the classified service
covered by the Anne Arundel County Police and Fire Service Retirement
Plan shall transfer his membership and credited service to the said Fire
and Police Retirement Plan; and the Personnel Officer shall thereupon cause
to be transferred to such plan the amount determined actuarially necessary
by the County to purchase in full said credited service.

(d)    Every participant in the Anne Arundel County Police and Fire
Service Retirement Plan who accepts a position covered by the Employees'
Retirement Plan of Anne Arundel County, Maryland, shall transfer his
membership and credited service to said Employees' Retirement Plan; and
the Personnel Officer shall cause such participant's contribution (with cred-
ited interest) to be transferred to the Employees' Retirement Plan of
Anne Arundel County, Maryland.

Section 3. AND BE IT FURTHER ENACTED, That Sections 14-
302 (a) (1) and (2) of said Code, Title and Subtitle (as amended by
Bill No. 85-69) be, and they are hereby repealed and re-enacted, with
amendments to read as follows:

Section 14-302 (a)

(1)    If the participant was hired on or after January 1, 1960 [1958],
his normal retirement pension shall be an amount equal to two per cent of
his final earnings for each year of faithful service which is not in excess
of twenty-five years, plus an additional one per cent of such final earnings
for each year of faithful service after the first twenty-five years; provided
that the total years shall not exceed thirty-five or sixty per cent of final
earnings.

(2)    If the participant was hired prior to January 1, 1960 [1958],
and has performed at least twenty years of faithful service, his normal
retirement pension shall be an amount equal to fifty per cent of his final
earnings, plus an additional two per cent of such final earnings for each
year of faithful service after twenty years; provided, that the total years
shall not exceed thirty or seventy per cent of final earnings [; provided,
however, that in the case of a participant who did not elect to become
covered under this plan within seven days after he first became eligible
or before August 31, 1966, with respect to a current employee or in the
case of a participant who elects to discontinue making participant's con-
tributions hereunder (other than in the case of a participant on an approved

 

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Session Laws, 1971
Volume 707, Page 2551   View pdf image
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