524

LAWS OF MARYLAND

Ch. 22

IN THE AMOUNT OF ANNUITY PAYABLE TO ANY BENEFICIARY.

(E)    IN EVERY CASE THE EFFECTIVE DATE OF THE TRANSFER
AND ANY ADJUSTMENTS RELATED THERETO SHALL BE AS OF JUNE 30,
1971.

(F)    ANY MEMBER OF THE TEACHERS' RETIREMENT SYSTEM OF
THE STATE OF MARYLAND WHO TRANSFERRED HIS CREDIT FROM THE
EMPLOYEES' RETIREMENT SYSTEM OF THE CITY OF BALTIMORE PRIOR
TO JULY 1, 1971, FROM AND AFTER JULY 1, 1972, SHALL PAY THE
RATE OF CONTRIBUTION FOR HIS ATTAINED AGE OF THE TIME OF HIS
ENROLLMENT IN THE CITY SYSTEM WHICH WAS IN EFFECT AT THE
TIME OF HIS ENROLLMENT IN THE STATE TEACHERS' SYSTEM, EXCEPT
THAT SAID RATE SHALL NOT EXCEED 5 PERCENT AS PROVIDED IN
§89(2)(A) OF THIS SUBTITLE.

(4)     TEACHERS WHO FIRST ELECTED NOT TO BECOME
MEMBERS—-SUBSEQUENT ELECTION PRIOR TO DECEMBER 31, 1969.
—A TEACHER WHOSE MEMBERSHIP IN THE RETIREMENT SYSTEM IS
CONTINGENT ON HIS OWN ELECTION AND WHO ELECTED NOT TO BECOME
A MEMBER, MAY BEFORE DECEMBER 31, 1969, APPLY FOR AND BE
ADMITTED TO MEMBERSHIP. SUCH PERSON SHALL RECEIVE PRIOR
SERVICE CREDIT FOR SERVICE RENDERED PRIOR TO THE DATE HE WAS
FIRST ELIGIBLE TO BECOME A MEMBER AND MEMBERSHIP CREDIT FOR
SERVICE RENDERED SUBSEQUENT THERETO, PROVIDED THAT HE SHALL
PAY TO THE RETIREMENT SYSTEM, BY A SINGLE PAYMENT PRIOR TO
HIS RETIREMENT OR DEATH, THE CONTRIBUTIONS WHICH HE WOULD
HAVE MADE HAD HE IN FACT BELONGED TO THE SYSTEM DURING THE
PERIOD HE WAS ELIGIBLE, TOGETHER WITH REGULAR INTEREST
THEREON.

(5)   A TEACHER WHOSE MEMBERSHIP IN THE RETIREMENT
SYSTEM WAS CONTINGENT UPON HIS OWN ELECTION WHO DID NOT
ELECT TO BECOME A MEMBER AND WHO, AS OF JUNE 1, 1952, HAS
BEEN CONTINUOUSLY EMPLOYED AS A TEACHER SINCE THE TIME HE OR
SHE WAS FIRST ELIGIBLE FOR MEMBERSHIP IN SAID SYSTEM, SHALL
HAVE A RIGHT OF ELECTION TO JOIN SAID SYSTEM UNDER THE
PROVISIONS OF THIS SUBSECTION. SUCH RIGHT OF ELECTION SHALL
APPLY AND BE EFFECTIVE ONLY FOR THE PERIOD BEGINNING ON THE
EFFECTIVE DATE OF THIS SUBSECTION AND CONTINUING THEREAFTER
FOR A PERIOD OF ONE YEAR. ANY SUCH TEACHER MAKING AN
ELECTION WITHIN THAT PERIOD SHALL RECEIVE ALL MEMBERSHIP AND
PRIOR SERVICE BENEFITS AS PROVIDED FOR OTHER MEMBERS OF THE
SYSTEM AND IN ACCORDANCE WITH §§ 81, 82, 83, 84, AND 85 OF
THIS SUBTITLE. BEFORE BEING ADMITTED TO SUCH MEMBERSHIP,
ANY SUCH PERSON SHALL PAY TO THE RETIREMENT SYSTEM THE FULL
AMOUNT OF WHAT WOULD HAVE BEEN HIS ACCUMULATED CONTRIBUTIONS
THEREIN HAD HE IN EFFECT BELONGED TO THE SYSTEM FROM THE
TIME HE WAS FIRST ELIGIBLE TO BECOME A MEMBER THEREOF TO THE
TIME OF MAKING APPLICATION FOR SUCH MEMBERSHIP, TOGETHER
WITH REGULAR INTEREST THEREON.

(5A) ANY PERSON WHO HAS SERVED AS A TEACHER IN ANY
PRIVATE SCHOOL IN MARYLAND WHICH SCHOOL HAS BY REASON OF
ACCEPTING AND EDUCATING WITHOUT CHARGE, CHILDREN ELIGIBLE
FOR BUT UNABLE TO ATTEND PUBLIC SCHOOL BY REASON OF THE
ABSENCE OF PUBLIC SCHOOL FACILITIES IN THE COMMUNITY, AND
WHO IS PRESENTLY SERVING AS A PUBLIC SCHOOL TEACHER IN