MARVIN MANDEL, Governor                                       411

(I) (1) ON AND AFTER JULY 1, 1969, EACH JUDGE
SUBJECT TO THE PROVISIONS OF THIS SUBTITLE AND COVERED
BY THE PENSION PLAN PROVIDED FOR IN THIS SUBSECTION
SHALL RECEIVE UPON TERMINATION OF ACTIVE SERVICE IF HE
IS THEN AT LEAST SIXTY YEARS OF AGE OR WHEN HE BECOMES
SIXTY YEARS OF AGE A PENSION IN AN AMOUNT EQUAL TO
SIXTY PER CENTUM (60%) OF HIS MAXIMUM SALARY OR ONE
SIXTEENTH (1/16) OF THAT AMOUNT FOR EACH YEAR OF
SERVICE, OR A PRO RATA SHARE TO REFLECT LESS THAN A
FULL YEAR OF SERVICE, IF HE SERVED FOR LESS THAN
SIXTEEN YEARS.

(2)   ALL JUDGES SUBJECT TO THE PROVISIONS OF
THIS SUBTITLE WHO ARE IN OFFICE AS OF JUNE 30, 1969,
MAY ELECT TO REMAIN UNDER THE PRESENT PENSION PLAN OR
TO BE UNDER THE PENSION PLAN PROVIDED FOR IN THIS
SUBSECTION; PROVIDED, ANY JUDGE WHO ELECTS TO BE UNDER
THE PENSION PLAN PROVIDED FOR IN THIS SUBSECTION SHALL
NOT BE ABLE TO SUBSEQUENTLY SELECT THE PENSION
PROVIDED IN SUBSECTIONS (A) , (B) , AND (C) OF THIS
SECTION. ALL JUDGES RECEIVING INITIAL APPOINTMENTS OR
INITIALLY ELECTED AFTER JUNE 30, 1969, SHALL BE UNDER
THE PENSION PLAN PROVIDED FOE IN THIS SUBSECTION.

(3)    ANY JUDGE WHO DOES NOT ELECT TO BE PAID
A PENSION UNDER SUBSECTIONS (A), (B), OR (C) OF THIS
SECTION SHALL BE DEEMED TO HAVE ELECTED TO RECEIVE A
PENSION UNDER THE PROVISIONS OF THIS SUBSECTION.

(4)   EACH JUDGE ELECTING TO BE UNDER THE
PENSION PLAN PROVIDED FOR IN THIS SUBSECTION, OR WHO
IS OTHERWISE UNDER THIS PENSION PLAN, SHALL CONTRIBUTE
TOWARD THE COST OF HIS PENSION AN AMOUNT EQUAL TO SIX
PER CENTUM (6%) OF HIS ANNUAL COMPENSATION WHICH SHALL
BE DEDUCTED FROM HIS COMPENSATION EACH PAY PERIOD.

ANY JUDGE IN OFFICE AS OF JUNE 30, 1969, WHO
INITIALLY DOES NOT ELECT TO BE UNDER THE PENSION PLAN
PROVIDED FOR IN THIS SUBSECTION, BUT WHO LATER WISHES
TO DO SO MUST, UPON SUCH ELECTION, PAY IN A LUMP SUM,
IN ADDITION TO THE ANNUAL CONTRIBUTIONS PROVIDED FOR
IN THIS SUBSECTION, AN AMOUNT EQUAL TO THE
CONTRIBUTIONS HE WOULD HAVE HADE, IF INITIALLY UNDER
THE PLAN, FOR EACH YEAR AFTER JUNE 30, 1969, PLUS
INTEREST OF FOUR PERCENT (4%).

ANY 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
CONTRIBUTIONS TO REMAIN IN THE PENSION SYSTEM AND