4103
ANNE ARUNDEL COUNTY

SECTION 1-267. AMOUNT OF DISABILITY BENEFITS.

THE ANNUAL AMOUNT OF DISABILITY PENSION PAYABLE TO
EACH ELIGIBLE PARTICIPANT SHALL BE DETERMINED AS FOLLOWS:

(1)    IF THE PARTICIPANT IS DEEMED TO BE TOTALLY AND
PERMANENTLY DISABLED UNDER SECTION 1-265(A) OF THIS
SUBTITLE, THE ANNUAL AMOUNT OF HIS DISABILITY PENSION
SHALL BE EQUAL TO THE ANNUAL AMOUNT OF HIS ACCRUED NORMAL
RETIREMENT PENSION AS OF HIS DATE OF DISABILITY COMPUTED
IN ACCORDANCE WITH SECTION 1-264(A) , OR TWENTY-FIVE PER
CENT (25%) OF HIS FINAL EARNINGS,, WHICHEVER IS GREATER.

(2)    IF THE PARTICIPANT IS DEEMED TO BE TOTALLY AND
PERMANENTLY DISABLED UNDER SECTION 1-265(B) , THE ANNUAL
AMOUNT OF HIS DISABILITY SHALL BE EQUAL TO SIXTY-SIX AND
TWO THIRDS PER CENT (66 2/3%) OF HIS FINAL EARNINGS,

SECTION 1-268. TERMINATION OF EMPLOYMENT.

(A)    IF AN EMPLOYEE'S SERVICE WITH THE COUNTY
TERMINATES OR HE CEASES TO BE CLASSIFIED AS AN EMPLOYEE
HEREUNDER BEFORE HIS RETIREMENT DATE AND AFTER HE HAS
COMPLETED FIVE (5) YEARS OF CREDITED SERVICE, HE MAY
ELECT EITHER:

(1)    TO BE PAID HIS PARTICIPANT'S CONTRIBUTIONS
WITH CREDITED INTEREST, THUS CEASING TO BE A PARTICIPANT;

OR

(2) TO RECEIVE A RETIREMENT PENSION, BEGINNING ON
THE FIRST DAY OF THE MONTH AFTER HIS SIXTIETH (60TH)
BIRTHDAY, WHICH WILL BE PROVIDED IN THE FOLLOWING MANNER:

(I) HE SHALL LEAVE HIS PARTICIPANT'S CONTRIBUTIONS
IN THE FUND OF THE RETIREMENT PLAN; AND

(II) HE SHALL RECEIVE A RETIREMENT PENSION IN AN
AMOUNT EQUAL TO HIS ACCRUED NORMAL PENSION COMPUTED IN
ACCORDANCE WITH SECTION 1-264(A)(1) ON THE BASIS OF THE
PARTICIPANT'S CREDITED SERVICE AS OF THE DATE OF HIS
TERMINATION; PROVIDED, HOWEVER, THAT THE AMOUNT SO
DETERMINED SHALL NOT BE LESS THAN THE ACCRUED NORMAL
PENSION ATTRIBUTABLE TO THE PARTICIPANT'S CONTRIBUTIONS
TOGETHER WITH CREDITED INTEREST THEREON.

(B)          IF AN EMPLOYEE'S SERVICE WITH THE COUNTY
TERMINATES OR HE CEASES TO BE CLASSIFIED AS AN EMPLOYEE
HEREUNDER BEFORE HIS RETIREMENT DATE AND BEFORE HE HAS
COMPLETED FIVE (5) YEARS OF CREDITED SERVICE, HE MAY
ELECT EITHER:

(1) TO BE PAID HIS PARTICIPANT'S CONTRIBUTIONS
WITH CREDITED INTEREST, THUS CEASING TO BE A PARTICIPANT,