clear space clear space clear space white space
A
 r c h i v e s   o f   M a r y l a n d   O n l i n e
  Maryland State Archives | Index | Help | Search search for:
clear space
white space
Session Laws, 1973, Special Session
Volume 710, Page 416   View pdf image
 Jump to  
  << PREVIOUS  NEXT >>
clear space clear space clear space white space

416                                              LAWS OF MARYLAND                                 [Ch. 2

IV, §41-I(G) OF THE CONSTITUTION, MAY ELECT PLAN A AND
THEREBY BE PAID, AFTER THE TERMINATION OF HIS ACTIVE
SERVICE, IF HE IS THEN AT LEAST SIXTY YEARS OF AGE OR
WHEN HE BECOMES SIXTY YEARS OF AGE, A PENSION OR
SALARY CALCULATED AT THE RATE OF SIX HUNDRED DOLLARS
($600.00) PET! ANNUM FOR EACH YEAR OR ANY PART THEREOF
OF ACTIVE SERVICE AS A JUDGE OF SAID MUNICIPAL COURT,
AND OF THE DISTRICT COURT, UP TO AND INCLUDING TWENTY
YEARS OF SUCH ACTIVE SERVICE, SO THAT A MAXIMUM
PENSION OR SALARY FOR SUCH SERVICE PAYABLE HEREUNDER
TO ANY ONE PERSON SHALL NOT EXCEED THE SUM OF TWELVE
THOUSAND DOLLARS ($12,000.00) PER ANNUM.

(E) EVERY JUDGE DESCRIBED IN SUBSECTION (A) OF
THIS SECTION WHO DOES NOT AT HIS OPTION ELECT TO BE
PAID A PENSION OR SALARY UNDER PLAN A, AND EVERY JUDGE
WHO TAKES OFFICE AFTER JUNE 30, 1970, SHALL BE PLACED
UNDER PLAN B AND SHALL BE PAID, AFTER TERMINATION OF
HIS ACTIVE SERVICE, IF HE IS THEN AT LEAST SIXTY YEARS
OF AGE OR WHEN HE BECOMES SIXTY YEARS OF AGE, A
PENSION OR SALARY IN AN AMOUNT EQUAL TO SIXTY PER
CENTUM (60%) OF HIS MAXIMUM SALARY, OR ONE SIXTEENTH
(1/16) OF THAT AMOUNT PER ANNUM FOR EACH YEAR OR ANY
PART THEREOF OF ACTIVE SERVICE BY APPOINTMENT AND
ELECTION, IF HE HAS SERVED LESS THAN SIXTEEN YEARS AS
A JUDGE OF THE MUNICIPAL COURT OF BALTIMORE CITY.

(B-1) THE SALARIES AUTHORIZED UNDER THIS SECTION
SHALL NOT BE SUPPLEMENTED IN ANY MANNER WHATSOEVER.

(C)    ON OR AFTER JULY 1, 1970, EVERY JUDGE
ELECTING PLAN B SHALL PROVIDE WRITTEN NOTICE OF
ELECTION TO THE DIRECTOR OF FINANCE FOR THE MAYOR AND
CITY COUNCIL OF BALTIMORE CITY.

(D)   EVERY JUDGE UNDER PLAN B CONTRIBUTES TOWARD
THE COST OF HIS PENSION IN AN AMOUNT EQUAL TO SIX PER
CENTUM (6%) OF HIS ANNUAL COMPENSATION EARNED
THEREAFTER WHICH IS DEDUCTED FROM HIS COMPENSATION
EACH PAY PERIOD AND PAID OVER TO THE MAYOR AND CITY
COUNCIL OF BALTIMORE CITY.

(E)    ANY JUDGE WHO WAS GIVEN THE OPTION OF
ELECTING BETWEEN PLAN A OR PLAN B WHO INITIALLY DOES
NOT ELECT TO BE UNDER PLAN B 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
MADE, IF INITIALLY UNDER THE PLAN FOR EACH YEAR AFTER
JUNE 30, 1970, PLUS INTEREST OF FOUR PERCENT (4%).

 

clear space
clear space
white space

Please view image to verify text. To report an error, please contact us.
Session Laws, 1973, Special Session
Volume 710, Page 416   View pdf image
 Jump to  
  << PREVIOUS  NEXT >>


This web site is presented for reference purposes under the doctrine of fair use. When this material is used, in whole or in part, proper citation and credit must be attributed to the Maryland State Archives. PLEASE NOTE: The site may contain material from other sources which may be under copyright. Rights assessment, and full originating source citation, is the responsibility of the user.


Tell Us What You Think About the Maryland State Archives Website!



An Archives of Maryland electronic publication.
For information contact mdlegal@mdarchives.state.md.us.

©Copyright  August 17, 2024
Maryland State Archives