4100

COUNTY LOCAL LAWS

NORMAL RETIREMENT DATE AND WHO HAS COMPLETED FIVE (5)
YEARS OF SERVICE SHALL BE ENTITLED TO RECEIVE, COMMENCING
ON THE FIRST DAY OF THE MONTH COINCIDING WITH OR NEXT
FOLLOWING HIS DATE OF RETIREMENT, AN ANNUAL PENSION EQUAL
TO THE GREATER OF:

(1)    TWO PER CENT (2%) OF HIS FINAL EARNINGS FOR
EACH YEAR OF CREDITED SERVICE, PROVIDED THAT THE TOTAL
BENEFIT DOES NOT EXCEED SEVENTY PER CENT (70%) OF HIS
FINAL EARNINGS; OR

(2)    ONE THOUSAND TWO HUNDRED DOLLARS ($1,200.00)

(B)    EVERY COUNTY EMPLOYEE WHO IS NOT RECEIVING OR
WHO IS NOT ELIGIBLE TO RECEIVE A PENSION BENEFIT UNDER
THE EMPLOYEES' RETIREMENT SYSTEM OF THE STATE OF
MARYLAND, THE EMPLOYEES' RETIREMENT PLAN, OR THE POLICE
AND FIRE SERVICE RETIREMENT PLAN AS OF THE DATE OF
ELIGIBILITY FOR PENSION UNDER THIS ARTICLE, AND WHO HAS
COMPLETED NOT LESS THAN FIVE (5) YEARS OF SERVICE PRIOR
TO JULY 1, 1973 SHALL BE ELIGIBLE TO RECEIVE AN ANNUAL
PENSION IN AN AMOUNT EQUAL TO ONE THOUSAND TWO HUNDRED
DOLLARS ($1,200.00) BEGINNING ON THE LATEST OF THE THREE

(3) FOLLOWING DATES:

(1)    JULY 1, 1973; OR

(2)    THE FIRST DAY OF THE MONTH AFTER THE
EMPLOYEE'S SIXTIETH (60TH) BIRTHDAY; OR

(3)    THE FIRST DAY OF THE MONTH FOLLOWING
SUBMISSION OF APPLICATION FOR SUCH PENSION TO THE
PERSONNEL OFFICER.

(C)    A PARTICIPANT WHO HAS ATTAINED HIS FIFTIETH
(50TH) BIRTHDAY BUT NOT HIS SIXTIETH (60TH) BIRTHDAY AND
WHO HAS COMPLETED AT LEAST FIVE (5) YEARS OF SERVICE MAY
RETIRE EARLY, AND COMMENCING ON THE FIRST (1ST) DAY OF
THE MONTH COINCIDING WITH OR NEXT FOLLOWING HIS DATE OF
RETIREMENT, SHALL BE ENTITLED TO RECEIVE A REDUCED ANNUAL
PENSION EQUAL TO THE ACTUARIAL EQUIVALENT OF HIS ACCRUED
NORMAL PENSION, DETERMINED BY THE INSURANCE COMPANY IN
ACCORDANCE WITH THE PROVISIONS OF SUBSECTION (A) OF THIS
SECTION, ON THE BASIS OF THE PARTICIPANT'S CREDITED
SERVICE COMPLETED PRIOR TO ACTUAL RETIREMENT.

SECTION 1-265. ELIGIBILITY FOR DISABILITY BENEFITS.

(A) AN EMPLOYEE WHO IS NOT ELIGIBLE TO RETIRE ON A
NORMAL RETIREMENT PENSION MAY BE RETIRED BY THE PERSONNEL
OFFICER ON A NON-SERVICE CONNECTED DISABILITY RETIREMENT
PENSION BEGINNING ON THE FIRST (1ST) DAY OF THE MONTH
COINCIDING WITH OR NEXT FOLLOWING THE DATE THE FOLLOWING
CONDITIONS ARE MET: