1594                                   LAWS OF MARYLAND                                 Ch. 562

CHAPTER 562

(House Bill 568)

AN ACT concerning

Pensions — Optional Benefits

FOR the purpose of amending the provisions for payment of
optional benefits to delete prohibitions against
payments to an Employees' Retirement System member who
dies within a certain time after retirement and to a
State Police Retirement System member who dies within a
certain time after retirement or filing of his election
for benefits and to prohibit benefits for the members
who die before retirement; and making a style change.

BY repealing and reenacting, with amendments,

Article 7JB — Pensions

Section 11(11) (a)

Annotated Code of Maryland

(1970 Replacement Volume and 1978 Supplement)

BY repealing and reenacting, with amendments,

Article 88B - State Police

Section 53(11)

Annotated Code of Maryland

(1969 Replacement Volume and 1978 Supplement)

SECTION 1- BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That section(s) of the Annotated Code of Maryland
be repealed, amended, or enacted to read as follows:

Article 73B - Pensions

11.

(11) (a) In lieu of the disability or service
allowances payable under the aforesaid provisions, any
member may, prior to the first retirement allowance payment
normally due, elect a 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] IF a member [die] DIES prior to the
[expiration of 30 days after] EFFECTIVE DATE OF retirement,
the 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 benefit may
change such election by due notice to the board of trustees,
but no change may be made after the first payment of his
allowance becomes normally due.