HARRY HUGHES, Governor

125

AN ACT concerning

Unemployment Insurance - Pensions and Retirement Pay

FOR the purpose of amending a provision of the Unemployment
Insurance Law pertaining to the disqualification from
benefits of claimants who receive certain pensions and
retirement pay; providing that certain types of
pensions and retirement pay shall be deductible from a
claimant's weekly benefit amount under certain
circumstances; and making this Act an emergency
measure.

BY repealing and reenacting, with amendments,

Article 95A - Unemployment Insurance Law

Section 6(g)

Annotated Code of Maryland

(1979 Replacement Volume and 1979 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be repealed, amended, or enacted to read as follows: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 95A - Unemployment Insurance Law

6.

An individual shall be disqualified for benefits:

(g) (1) For any week with respect to which he is
receiving or has received an amount equal to or in excess of
his weekly benefit amount in the form of a [pension or
annuity under a private pension plan] PENSION, ANNUITY OR
RETIREMENT, OR RETIRED PAY (BUT EXCLUDING PAYMENTS FROM THE
FEDERAL SOCIAL SECURITY PROGRAM OR A STATE OR FEDERAL
WORKER'S WORKMEN'S COMPENSATION PROGRAM) UNDER A PLAN paid
for in whole or in part by a base period employer, as
provided below:

(i) The entire amount which an individual
received or will receive with respect to a week in the form
of a retirement payment from a base period employing unit
for which he performed services and which pays all of the
cost of such retirement payment, or from a trust, annuity,
PROFIT SHARING PLAN, or insurance fund, or under an annuity
or insurance contract, to or under which a base period
employing unit for which he performed service pays or has
paid all the premiums or contributions; and (ii) one half of
the amount which an individual has received or will receive
with respect to a week in the form of a retirement payment
from a base period employing unit for which he performed
services and which pays some, but not all, of the cost of
such retirement, or from a trust. annuity, PROFIT SHARING
PLAN, or insurance fund, or under an annuity or insurance
contract, to or under which a base period employing unit for