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Session Laws, 1975
Volume 716, Page 3004   View pdf image
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3004

LAWS OF MARYLAND

[Ch. 653

he has attained the age of 50, otherwise he shall receive
an ordinary disability retirement allowance which shall
be computed as one forty—fifth of his average final
compensation for each of the first twenty—five years of
creditable service and one ninetieth of his average final
compensation for each year after the first twenty—five
years of creditable service, but in no event shall the
total retirement allowance be less than thirty—five per
centum of his average final compensation.

(b) Effective July 1, 1973, the provisions of this
subsection shall be applicable to members who retired
prior to July 1, 1973.

(C) UPON THE DEATH OF ANY MEMBER WHO HAS RETIRED
ON AN ORDINARY DISABILITY ALLOWANCE:

(I)    THERE SHALL BE PAID TO THE SURVIVING
SPOUSE, IF HE LEAVES A SURVIVING SPOUSE, TO CONTINUE
UNTIL REMARRIAGE OF THE SURVIVING SPOUSE, ONE HALF OF HIS
RETIREMENT ALLOWANCE; OR

(II)   IF THERE IS NO ELIGIBLE SURVIVING
SPOUSE, OR IF AN ELIGIBLE SURVIVING SPOUSE DIES OR
REMARRIES BEFORE THE YOUNGEST CHILD OF THE DECEASED
MEMBER SHALL HAVE ATTAINED THE AGE OF EIGHTEEN, THEN ONE
HALF OF THE DECEASED MEMBER'S RETIREMENT ALLOWANCE SHALL
BE PAID TO HIS CHILD OR CHILDREN, UNDER SAID AGE, DIVIDED
IN SUCH MANNER AS THE BOARD IN ITS DISCRETION SHALL
DETERMINE, TO CONTINUE AS A JOINT AND SURVIVORSHIP
PENSION FOR THE BENEFIT OF THE CHILD OR CHILDREN UNDER
SAID AGE UNTIL EVERY CHILD DIES OR ATTAINS SAID AGE.

(III)  THE PROVISIONS OF THIS SUBSECTION SHALL
BE APPLICABLE TO MEMBERS WHO RETIRED ON ORDINARY
DISABILITY ON AND AFTER JULY 1, 1972.

(11) In lieu of the disability or service
allowances payable under the aforesaid provisions, a
member who at the time of retirement does not have a
spouse who would be entitled to a benefit under § 53 (2)
(c) OR SECTION 53(4) (C) OR SECTION 53(6)(C) may, prior
to the first retirement allowance payment normally due,
elect a reduced retirement allowance of equivalent
actuarial value in one of the optional forms set out
below. The election of the option shall be made on a
form provided for that purpose and shall be filed with
the board of trustees. Should a member die prior to the
expiration of thirty days after the date of the filing of
such election or prior to thirty days after retirement,
such election shall be void and of no effect, and the
benefits payable on his account shall be the same as
though his election had not been filed and he had died in
active service. A member who has elected an optional

 

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Session Laws, 1975
Volume 716, Page 3004   View pdf image
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