554                                          LAWS OF MARYLAND                                            Ch. 22

DETERMINE BY ACTUARIAL VALUATION THE AMOUNT OF THE RESERVES
HELD ON ACCOUNT OF EACH ACTIVE MEMBER AND PENSIONER OF THE
UNIVERSITY, AND SHALL CREDIT TO EACH SUCH MEMBER AND
PENSIONER THE AMOUNT OF RESERVE SO HELD- THE RESERVE SO
CREDITED, TOGETHER WITH THE AMOUNT OF THE ACCUMULATED
CONTRIBUTIONS OF EACH ACTIVE MEMBER, SHALL BE USED TO
PROVIDE A PAID-UP DEFERRED ANNUITY BEGINNING AT AGE 60 FOR
HIM, AND THE RESERVE OF EACH PENSIONER SHALL BE USED IN
PROVIDING WHATEVER PART OF HIS EXISTING PENSION AS THE
RESERVE SO HELD WILL PROVIDE, TOGETHER WITH HIS ANNUITY,
SHALL THEREAFTER BE PAYABLE TO HIM. THE RIGHTS AND
PRIVILEGES OF BOTH ACTIVE MEMBERS AND PENSIONERS OF THE
UNIVERSITY SHALL THEREUPON TERMINATE EXCEPT AS TO THE
PAYMENT OF THE DEFERRED ANNUITIES SO PROVIDED FOR THE
PREVIOUS ACTIVE MEMBERS AND THE ANNUITIES AND THE PENSIONS,
OR PARTS THEREOF, PROVIDED FOR THE PENSIONERS.

(C)   NOTWITHSTANDING ANYTHING TO THE CONTRARY, THE
RETIREMENT SYSTEM SHALL NOT BE LIABLE FOR THE PAYMENT OF ANY
PENSIONS OR OTHER BENEFITS ON ACCOUNT OF THE FACULTY OF THE
UNIVERSITY, FOR WHICH RESERVES HAVE NOT BEEN PREVIOUSLY
CREATED FROM FUNDS CONTRIBUTED BY THE UNIVERSITY OR ITS
MEMBERS FOR THOSE BENEFITS.

(D)  IN THE EVENT THE BOARD OF MORGAN STATE UNIVERSITY
ADOPTS AN OPTIONAL RETIREMENT PROGRAM AS PROVIDED IN §110
OF THIS ARTICLE, THOSE ELIGIBLE EMPLOYEES OF MORGAN STATE
UNIVERSITY WHO ELECTED TO PARTICIPATE IN THE OPTIONAL
RETIREMENT PROGRAM SHALL NOT PARTICIPATE IN THE TEACHERS'
RETIREMENT SYSTEM FOR ANY PERIOD IN WHICH THEY PARTICIPATE
IN THE OPTIONAL RETIREMENT PROGRAM. THEY SHALL BE ENTITLED
TO NO BENEFITS FROM THE TEACHERS' RETIREMENT SYSTEM EXCEPT
WITH RESPECT TO CONTRIBUTIONS THERETOFORE MADE AS PROVIDED
IN §110 OF THIS ARTICLE.

101.   MEMBERS OF LIVESTOCK SANITARY SERVICE.

SHOULD THE STATE BOARD - OF AGRICULTURE ELECT, BY
RESOLUTION APPROVED BY THE BOARD OF TRUSTEES OF THE
RETIREMENT SYSTEM, TO HAVE THE MEMBERS OF THE LIVESTOCK
SANITARY SERVICE EMPLOYED BY THE STATE BOARD OF AGRICULTURE
ELIGIBLE FOR PARTICIPATION IN THE RETIREMENT SYSTEM, SUCH
MEMBERS SHALL BE ELIGIBLE FOR PARTICIPATION AS IF THEY WERE
TEACHERS EMPLOYED IN THE PUBLIC SCHOOLS, SUBJECT TO ALL THE
CONDITIONS, LIMITATIONS AND RESTRICTIONS IMPOSED BY §99 OF
THIS SUBTITLE.

102.     CERTIFICATION OF PROFESSIONAL LIBRARY PERSONNEL;
INCLUSION OF PROFESSIONAL AND CLERICAL EMPLOYEES IN

TEACHERS' RETIREMENT SYSTEM.

(B) (1) THE PROFESSIONAL AND CLERICAL EMPLOYEES OF ANY
LIBRARY ESTABLISHED OR OPERATING UNDER THE PROVISIONS OF
TITLE 23 OF THE EDUCATION ARTICLE ARE INCLUDED IN THE
DEFINITION OF "TEACHER" AND "MEMBER," AS THOSE TERMS ARE
DEFINED RESPECTIVELY IN SUBSECTIONS (3) AND (4) OF §81 OF
THIS SUBTITLE, AND ALL SUCH PROFESSIONAL AND CLERICAL
EMPLOYEES ARE ENTITLED TO ALL THE RIGHTS AND PRIVILEGES AND