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Session Laws, 1974
Volume 713, Page 1757   View pdf image
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MARVIN MANDEL, Governor                                 1757

YEARS. HE SHALL MAKE NO CONTRIBUTION THEREAFTER.

(C)    A JUDGE WHO HAS IN OFFICE ON JUNE 30, 1969,
AND WHO HAS NOT PREVIOUSLY ELECTED TO BE COVERED BY THIS
PLAN, MAY FILE IN WRITING WITH THE BOARD OF TRUSTEES OF
THE EMPLOYEES' RETIREMENT SYSTEM OF THE STATE OF MARYLAND
AN ELECTION TO BE COVERED BY THIS PLAN. THE ELECTION
SHALL BE FILED NOT LATER THAN DECEMBER 31, 1974.

(D)    A JUDGE WHO FILES THE ELECTION PROVIDED FOR IN
SUBSECTION (C) IS COVERED BY THIS PLAN FROM THE EFFECTIVE
DATE OF HIS ELECTION.

(E)    WITH HIS ELECTION, A JUDGE SHALL PAY TO THE
FUND AN AMOUNT EQUAL TO SIX PERCENT OF THE AMOUNT BY
WHICH HIS COMPENSATION SINCE JUNE 30, 1969, AND BEFORE HE
HAS SERVED AS A JUDGE FOR 16 YEARS, EXCEEDS HIS
COMPENSATION AT THE ANNUAL KATE IN EFFECT ON JULY 1,
1969, PLUS INTEREST AT FOUR PERCENT FROM THE DATES
CONTRIBUTIONS WOULD HAVE BEEN MADE HAD THEY BEEN IN
EFFECT FROM JULY 1, 1969.

(F)    AFTER HE IS COVERED BY THIS PLAN A JUDGE SHALL
CONTRIBUTE TO THE FUND AN AMOUNT EQUAL TO SIX PERCENT OF
HIS COMPENSATION, TO BE DEDUCTED FROM HIS COMPENSATION
EACH PAY PERIOD UNTIL HE HAS SERVED AS A JUDGE FOR 16
YEARS. HE SHALL MAKE NO CONTRIBUTION THEREAFTER.

(G)    A JUDGE WHO WAS IN OFFICE ON JUNE 30, 1969,
AND WHO HAS PREVIOUSLY ELECTED TO BE COVERED BY THE
CONTRIBUTORY PLAN, SHALL MAKE NO CONTRIBUTION TO THE FUND
AFTER JULY 1, 1974, UNTIL HIS TOTAL CONTRIBUTIONS TO THE
FUND, WITH APPROPRIATE INTEREST ADJUSTMENTS, ARE EQUAL TO
THE CONTRIBUTIONS HE WOULD HAVE MADE HAD HIS ELECTION TO
BE COVERED BY THIS PLAN BEEN MADE, EFFECTIVE DECEMBER 31,
1974, UNDER SUBSECTION [[(C)]](E) .

(H) THE AMOUNT OF THE PENSION PAYABLE TO A FORMER
JUDGE IN EACH FISCAL YEAR IS TWO THIRDS OF THE SALARY
PAYABLE IN THAT FISCAL YEAR TO A JUDGE HOLDING THE SAME
OR SAME LEVEL JUDICIAL POSITION AS THAT IN WHICH THE
FORMER JUDGE SERVED AT THE TIME OF THE TERMINATION OF HIS
SERVICE, PROVIDED THAT THE FORMER JUDGE SERVED 16 YEARS
OR MORE. IF THE PERIOD OF ACTIVE JUDICIAL SERVICE OF THE
FORMER JUDGE WAS LESS THAN 16 YEARS, THE AMOUNT OF
PENSION SHALL BE LESS, IN THE PROPORTION THAT THE PERIOD
OF THIS SERVICE BEARS TO 16 YEARS.

(I) A JUDGE SHALL HAVE CREDIT FOR PRIOR SERVICE AS
A FULL TIME JUDGE OF A PEOPLE'S COURT OR A MUNICIPAL
COURT FOR DETERMINING HIS PERIOD OF ACTIVE JUDICIAL
SERVICE.

(J) IF A JUDGE'S SERVICE IS TERMINATED BY DEATH

 

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Session Laws, 1974
Volume 713, Page 1757   View pdf image
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