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Ch. 459
MARVIN MANDEL. Governor
947
(a) Which is not less than the rate of the supplementary payment received by
any beneficiary prior to July 1, 1962, and
(b) Which, when added to the benefits provided pursuant to
of this article
is not less than $2,000 per annum; provided, however, that the said beneficiary is
credited with 25 years of service, and provided that any beneficiary having less
than 25 years of creditable service shall have his supplementary payment reduced
in proportion to the ratio of the number of years creditable service divided by 25,
and provided that no such reduction shall be made for any beneficiary who has
retired for disability prior to June 30, 1968, and
(c) Which is computed pro rata on the basis of the following condensed table:
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BENEFICIARIES
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RECEIVING UNDER
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SEC. 11 OF THIS
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LENGTH OF
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SUPPLEMENTARY
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ARTICLE
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SERVICE
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PAYMENTS
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$ 900
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25 YEARS
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$1100
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1200
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25 YEARS
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900
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1500
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25 YEARS
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825
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1800
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25 YEARS
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750
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2100
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25 YEARS
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675
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2400
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25 YEARS
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600
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2700
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25 YEARS
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600
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3000
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25 YEARS
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450
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3300
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25 YEARS
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375
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3600
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25 YEARS
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300
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3900
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25 YEARS
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225
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4200
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25 YEARS
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150
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4500
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25 YEARS
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75
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4800
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25 YEARS
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0 AND
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(d) Which pro rata computation is made by
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the use of the following formula:
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$4800--b c.s.
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.
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X
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4 25
In which formula "b" represents "benefits provided by § 11" and "as"
Represents "years of creditable service,"
(e) Provided that the retirement allowance used in calculating the supplementary
payment shall be the total benefits provided in § 11 of this article except that it
shall not be based on any optional benefit chosen by the beneficiary and
(f) Provided that such beneficiary, excepting any person who may be retired for
reasons of disability, who is eligible to receive benefits from the federal old age and
survivors' insurance system shall have any supplemental payment for which said
beneficiary is eligible, under this subtitle, reduced by an amount equal to the
benefit the beneficiary is entitled to receive from the federal old age and survivors'
system. Such reduction, however, shall not be greater than the total amount of the
supplemental payment for which said beneficiary is eligible.
(g) When determining the amount of supplementary payments, the board of
trustees shall not consider any additional voluntary contributions by any employee
to his annuity savings account.
(h) Any employee who has less than thirty (30) years of service, and who files
for a deferred retirement allowance, shall not be entitled to receive a
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