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Session Laws, 1979
Volume 737, Page 203   View pdf image
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HARRY HUGHES, Governor

203

(C)   ANY LIBRARIAN OR CLERICAL EMPLOYEE OF ANY
LIBRARY THAT IS ESTABLISHED OR OPERATES UNDER THE EDUCATION
ARTICLE; OR

(D)   ANY PROFESSIONAL OR CLERICAL EMPLOYEE OF A
COMMUNITY COLLEGE THAT IS ESTABLISHED OR OPERATES UNDER THE
EDUCATION ARTICLE; BUT

(E)   DOES NOT MEAN A PERSON WHO IS EMPLOYED
PURSUANT TO A FEDERAL COMPREHENSIVE EMPLOYMENT AND TRAINING
ACT (CETA) PUBLIC SERVICE EMPLOYMENT PROGRAM.

(F)   IN ALL CASES OF DOUBT THE BOARD OF TRUSTEES
SHALL DETERMINE WHETHER A PERSON IS A TEACHER AS DEFINED
HEREIN.

(5)   "MEMBER" MEANS ANY TEACHER INCLUDED IN THE
MEMBERSHIP OF THIS SYSTEM AS PROVIDED IN § 142 OF THIS
SUBTITLE.

(6)   "BOARD OF TRUSTEES" MEANS THE BOARD THAT
ADMINISTERS THIS PENSION SYSTEM.

(7)   "MEDICAL BOARD" MEANS THE BOARD OF PHYSICIANS
PROVIDED FOR IN § 147 OF THIS SUBTITLE.

(8)   "ELIGIBILITY SERVICE" MEANS THE SERVICE
RECOGNIZED FOR PURPOSES OF DETERMINING ELIGIBILITY FOR
BENEFITS UNDER THIS PENSION SYSTEM, AS PROVIDED IN § 143 OF
THIS SUBTITLE.

(9)   "CREDITABLE SERVICE" MEANS SERVICE RECOGNIZED FOR
PURPOSES OF COMPUTING THE AMOUNT OF ANY BENEFIT UNDER THIS
PENSION SYSTEM AS PROVIDED IN § 144 OF THIS SUBTITLE.

(10)  "BENEFICIARY" MEANS ANY PERSON WHO RECEIVES A
RETIREMENT ALLOWANCE OR ANY OTHER BENEFIT PROVIDED BY THIS
SUBTITLE.

(11)  "REGULAR INTEREST" FOR THE ANNUITY SAVINGS FUND
MEANS INTEREST AT 5 PERCENT A YEAR COMPOUNDED ANNUALLY.

(12)  "ACCUMULATED CONTRIBUTIONS" MEANS THE SUM OF ALL
THE AMOUNTS DEDUCTED FROM THE COMPENSATION OF A MEMBER AND
CREDITED TO HIS INDIVIDUAL ACCOUNT IN THE ANNUITY SAVINGS
FUND, TOGETHER WITH REGULAR INTEREST ON IT, AS PROVIDED IN §
150 OF THIS SUBTITLE.

(13)  "EARNABLE COMPENSATION" MEANS THE NORMAL
COMPENSATION PAYABLE TO A TEACHER FOR WORKING THE NORMAL
TIME FOR HIS POSITION.

(14)  "AVERAGE FINAL COMPENSATION" MEANS THE AVERAGE
ANNUAL EARNABLE COMPENSATION OF A TEACHER DURING ANY 3
CONSECUTIVE YEARS THAT PROVIDE THE HIGHEST AVERAGE EARNABLE
COMPENSATION. HOWEVER, IF THE EARNABLE COMPENSATION EARNED
DURING ANY YEAR INCLUDED IN THE PERIOD USED TO DETERMINE

 

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Session Laws, 1979
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