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Session Laws, 1974
Volume 713, Page 1759   View pdf image
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MARVIN MANDEL, Governor                                  1759

(I)    THE BASE IS THE CONSUMER PRICE INDEX FOR
THE CALENDAR YEAR ENDING DECEMBER 31ST OF THE FISCAL YEAR
IN WHICH HE TERMINATED HIS SERVICE, OR FOR THE CALENDAR
YEAR 1970, WHICHEVER IS EARLIER.

(II)   THE CONSUMER PRICE INDEX TO BE USED FOR
THE FISCAL YEAR IN WHICH THE PENSION IS PAYABLE SHALL BE
THE CONSUMES PRICE INDEX FOR THE CALENDAR YEAR ENDING
DECEMBER 31ST OF THE PRECEDING FISCAL YEAR.

(III)  THE RATIO OF ADJUSTMENT OF THE PENSION
SHALL BE OBTAINED BY DIVIDING THE CONSUMER PRICE INDEX IN
SUBPARAGRAPH (II) BY THE CONSUMER PRICE INDEX IN
SUBPARAGRAPH (I) OF THIS PARAGRAPH.

(IV)   FOR THE PURPOSES OF THIS SUBSECTION,
CONSUMER PRICE INDEX MEANS THE CONSUMER PRICE INDEX (ALL
ITEMS - UNITED STATES CITY AVERAGE), AS PUBLISHED BY THE
UNITED STATES DEPARTMENT OF LABOR, BUREAU OF LABOR
STATISTICS.

(V)    IN NO INSTANCE SHALL A PENSION BE LESS
THAN IT WOULD BE WITHOUT THIS ADJUSTMENT.

(B)    AH ELECTED JUDGE WHO, PRIOR TO JULY 1, 1962,
VOLUNTARILY RETIRED AFTER REACHING THE AGE OF 60 YEARS
AND BEFORE REACHING THE AGE OF 70 YEARS, AND RESUMED THE
PRACTICE OF LAW, IS NOT ENTITLED TO THE INCREASES IN
PENSION PROVIDED ON OR AFTER JULY 1, 1962, BUT SHALL BE
PAID A PENSION AT THE RATE PROVIDED BEFORE JULY 1, 1962.

(C)    THE MAYOR AND CITY COUNCIL OF BALTIMORE AND
THE COUNTY COMMISSIONERS OR COUNTY COUNCILS OF THE
SEVERAL COUNTIES ARE HEREBY EXPRESSLY FORBIDDEN TO LEVY
FOR AND PAY SUPPLEMENTATION OF THE PENSION OF A FORMER
JUDGE OR HIS SPOUSE, IN AN AMOUNT GREATER THAN THAT IN
EFFECT ON JUNE 1, 1968.

59.

NOTHING IN THIS SUBTITLE SHALL BE CONSTRUED TO
IMPAIR OR REDUCE ANY PENSION OR OTHER BENEFIT WHICH A
FORMER JUDGE OR A SPOUSE HAS BEEN OR WOULD BE ENTITLED TO
RECEIVE UNDER ANY PUBLIC GENERAL LAW.

SECTION 3. AND BE IT FURTHER ENACTED, That this Act
shall take effect July 1, 1974.

Approved April 30, 1974.

 

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Session Laws, 1974
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