526

LAWS OF MARYLAND

Ch. 237

SUMMARY

Total General Fund Appropriation........... 88,522,430

Total Special Fund Appropriation...........            324,374

Total Appropriation...................            88,846,804

EMPLOYEES' RETIREMENT SYSTEM OF THE
STATE OF MARYLAND

26.03.00.01 Administration and Records

Management

General Fund Appropriation.....            740,078

Special Fund Appropriation,
provided that revenues in ex-
cess of this estimate may be
made available by approved
budget amendment.............            270,000 1,010,078

26.03.00.02 Retirement Contributions

General Fund Appropriation................ 24,002,117

The State Comptroller is hereby authorized
to pay to the Employees' Retirement Sys-
tem General, Special and Federal Funds
appropriated in various agency budgets for
their respective shares of retirement
costs.

26.03.00.03 Investment Management

General Fund Appropriation............... 243,682

26.03.00.05 Consumer Price Index Adjustment

to Employees' Pensions

General Fund Appropriation, contingent
upon enactment of legislation limit-
ing the annual percentage increase
to a maximum adjustment of 5% of the
base retirement allowance, and provid-
ing that if such legislation is not
enacted, any difference between the
actual Consumer Price Index and 5%
must be provided from other General
Fund sources........................... 6,000,507

SUMMARY

Total General Fund Appropriation........ 30,986,384

Total Special Fund Appropriation........             270,000

Total Appropriation .................. 31,256,384