HARRY HUGHES, Governor

2125

(6)  The total amount payable to the fund in each
year after the first year following the date of
establishment may not be less than the sum of the rates
percent known as the normal contribution rate and the
accrued liability contribution rate, of the total
compensation earnable by all members during the preceding
fiscal year, but the aggregate payment by the State must be
sufficient, when combined with the amount in the fund, to
provide the allowances and other benefits payable out of the
fund during the year then current.

(7)  All interest and dividends earned on the
funds of the contributory plan for judges shall be credited
to the fund. Each year, the board of trustees shall allow
regular interest on the individual accounts of members in
the fund.

(8)  All retirement allowances [and all lump-sum
death benefits on account of death in active service] shall
be paid from the fund.

(9)  The accumulated contributions of a member
that are withdrawn by him or paid to his personal
representative or his designated beneficiary on the member's
death, shall be paid from the fund.

117.

(13) Notwithstanding any other provision in this
subtitle, if a member of this pension system has been or is
appointed or elected to any State office, or promoted by an
express appointment by the appointing authority with the
express concurrence of the Secretary of Personnel, to any
position within the State government that is not a part of
the classified service and is not covered by Article 64A of
the Code, for a fixed or indefinite term and [does not
continue] IS NOT CONTINUED in office after serving in that
position for a period of 1 year, reappointed or reelected,
and if the termination of employment is involuntary as
determined by the Secretary of Personnel, after he has
completed 16 years of creditable service, regardless of age,
the member instead of withdrawing his accumulated
contributions, may elect to be paid an unreduced service
allowance. If a member of this pension system, vacates his
position because of the termination of his tenure by act of
the General Assembly after the member has 20 years of
creditable service, regardless of age, he may elect to
receive the allowance for service retirement instead of
withdrawing his accumulated contributions. If the
beneficiary is appointed or elected to any office, the
salary or compensation of which is paid by the State, his
retirement allowance shall cease, he may become a member of
this pension system again, and shall contribute in
accordance with this subtitle. Any creditable service at
the time of his retirement shall be restored, and in
addition, on his subsequent retirement he shall be credited