HARRY HUGHES, Governor

185

AMOUNT OF HIS ACCUMULATED CONTRIBUTIONS SHALL BE RETURNED
AND, WHEN HE IS 62 YEARS OLD OR AN EARLIER DATE AS
APPLICABLE UNDER THE PRECEDING PARAGRAPH, HE SHALL RECEIVE A
BENEFIT EQUAL TO THE STATE PROVIDED PART OF HIS VESTED
RETIREMENT ALLOWANCE.

IF THE MEMBER DIES BEFORE THE DATE WHEN THE FIRST
PAYMENT OF HIS VESTED RETIREMENT ALLOWANCE NORMALLY BECOMES
DUE, THE AMOUNT OF HIS ACCUMULATED CONTRIBUTIONS SHALL BE
PAYABLE TO HIS PERSONAL REPRESENTATIVE OR TO THE PERSON THE
MEMBER HAS NOMINATED BY WRITTEN DESIGNATION, EXECUTED AND
FILED WITH THE BOARD OF TRUSTEES.

(16)  NOTWITHSTANDING ANY OTHER PROVISION OF THIS
SUBTITLE, ANY RETIRED MEMBER IN THIS PENSION SYSTEM MAY
ELECT TO HAVE THE PREMIUM OR ANY PART OF IT, FOR
STATE-APPROVED MEDICAL INSURANCE FOR RETIRED STATE EMPLOYEES
OR FOR INSURANCE AUTHORIZED BY EMPLOYEES' ORGANIZATIONS,
DUES FOR EMPLOYEES' ORGANIZATIONS, AND PAYMENTS TO THE STATE
EMPLOYEES' CREDIT UNION OF MARYLAND, INC., DEDUCTED FROM HIS
ALLOWANCE BY THIS PENSION SYSTEM AND PAID ON HIS BEHALF TO
THE CARRIER.

(17)  NOTWITHSTANDING ANY OTHER PROVISION OF THIS
SUBTITLE, ANY RETIRED MEMBER OF THIS PENSION SYSTEM MAY
ELECT TO HAVE THE PREMIUM, OR ANY PART OF IT, FOR LOCALLY
APPROVED MEDICAL INSURANCE THAT IS PARTICIPATED IN BY
BALTIMORE CITY OR ANY COUNTY, DEDUCTED FROM HIS ALLOWANCE BY
THIS PENSION SYSTEM AND RETURNED TO THE APPROPRIATE
JURISDICTION FOR PAYMENT ON HIS BEHALF TO THE CARRIER.
HOWEVER, THIS PENSION SYSTEM OR INSTRUMENTALITY IS NOT
OTHERWISE RESPONSIBLE FOR THE PAYMENT OF ANY PART OF THE
PREMIUM FOR THESE MEDICAL INSURANCES APPROVED BY BALTIMORE
CITY OR ANY COUNTY.

(18)  AN ALLOWANCE SHALL BE REDUCED BY THE AMOUNT OF
ANY WORKMEN'S COMPENSATION BENEFITS PAID OR PAYABLE AFTER
THE EFFECTIVE DATE OF RETIREMENT ON ACCOUNT OF AN ACCIDENTAL
PERSONAL INJURY OR OCCUPATIONAL DISEASE THAT ARISES OUT OF
AND IN THE COURSE OF THE RETIRED MEMBER'S EMPLOYMENT BY THE
STATE OR PARTICIPATING EMPLOYER, IF THE WORKMEN'S
COMPENSATION BENEFITS ARE PAID OR PAYABLE FOR A PERIOD
DURING WHICH AN ALLOWANCE IS PAID OR PAYABLE AND IF THE
REDUCED ALLOWANCE IS NOT LESS THAN THE MEMBER'S ANNUITY.
THIS PROVISION APPLIES TO BOTH THE RETIRED MEMBER AND ANY
BENEFICIARY DESIGNATED UNDER ANY OPTION AS PROVIDED UNDER
SUBSECTION (12)(A) OF THIS SECTION.

118. ADJUSTMENT OF RETIREMENT ALLOWANCE.

(1)   EACH FISCAL YEAR, EACH RETIRED MEMBER'S
RETIREMENT ALLOWANCE, EXCLUSIVE OF ANY ADDITIONAL VOLUNTARY
ANNUITY, SHALL BE ADJUSTED AS PROVIDED IN THIS SECTION.

(2)   (A) EACH RETIRED MEMBER SHALL HAVE A BASE WHICH
SHALL BE EITHER THE CONSUMER PRICE INDEX U. S. CITY AVERAGE
-- ALL URBAN CONSUMERS FOR THE CALENDAR YEAR ENDING DECEMBER