1002                                      LAWS OF MARYLAND                                Ch. 460

such allowance shall be payable; except that any member who elects to discontinue
contributions in accordance with the provisions of § 198 (1) (b), the additional
pension so provided herein shall be reduced by the actuarial equivalent of those
contributions which he had not paid, with interest to date of retirement; provided,
however, that if the member who has not attained the age of sixty at the time of
retirement has rendered less than thirty-five years of creditable service, the
additional pension equal to the difference between such allowance shall be reduced
on an actuarial equivalent basis, unless the member has attained the age of
fifty-five and has rendered at least thirty years of creditable service.] IS LESS
THAN ONE-HALF OF THE RETIREMENT ALLOWANCE FOR
MEMBERSHIP SERVICE DETERMINED UNDER PARAGRAPHS (A)
AND (B) OF THIS SUBSECTION (2), THE DIFFERENCE, REFERRED TO
HEREINAFTER AS THE "ADDITIONAL PENSION", SHALL BE
PAYABLE AS PROVIDED UNDER § 195(2)(D)(3); EXCEPT THAT SUCH
ADDITIONAL PENSION SHALL BE REDUCED BY THE AMOUNT, IF
ANY, DETERMINED UNDER PARAGRAPH (C) OF THIS SUBSECTION
(2).

(2)  The annuity provided as a result of voluntary contributors permitted under
this subtitle and its amendments shall be payable and shall no be used in
determining the additional pension, if any, [payable] DETERMINED under this
subdivision I, nor in determining the disability pension under § 195, subsection
(4)].

(3)  The payment of the additional pensions [provided] DETERMINED shall be
provided for in the budget bill submitted to the General Assembly by the Governor
and on receipt of the warrant of the Comptroller, annual payments shall be made
by the Treasurer of the State of Maryland to the aforesaid retirement system of
the amounts required to meet the current disbursements for such additional
pensions. [To this amount shall be added an amount equal to such additional
pensions for teachers who are members of the employees' retirement system of the
City of Baltimore, had they been members of the Teachers' Retirement System of
Maryland which amount shall be paid to the mayor and city council of Baltimore.

(4)   Any member of the system who made additional voluntary contributions
under § 198 (d) of this subtitle, prior to July 1, 1962, may withdraw the additional
amount of contributions, with interest, provided that refund is requested within one
year after July 1, 1962.

(5)  The provisions of subsection (2) (e) herein apply to members who retired
prior to June 30, 1962, as well as those who retire after that date.]

(4) EFFECTIVE JULY 1, 1973, THE PROVISIONS OF THIS
SUBSECTION (2) SHALL APPLY TO MEMBERS WHO RETIRED PRIOR
TO JULY 1, 1973.

195.

(4) Upon retirement for disability a member shall receive a service retirement
allowance if he has attained age 60, OR HAS COMPLETED THIRTY YEARS
OF CREDITABLE SERVICE, otherwise he shall receive a disability retirement
allowance which shall [consist of:

(a)   An annuity which shall be the actuarial equivalent of his accumulated
contributions at the time of retirement; and

(b)  A pension which, together with his annuity, shall provide a total retirement
allowance equal to one sixtieth) BE COMPUTED AS ONE FIFTY-FIFTH of
his average final compensation multiplied by the number of years of his creditable