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VETOES

Sincerely,
Harry Hughes
Governor

House Bill No. 480

AN ACT concerning

Pensions - Vested Retirement

FOR the purpose of permitting a person who has elected to
receive a vested retirement allowance from a State
retirement or pension system to designate a beneficiary
to receive the person's accumulated contributions in
the event the person dies prior to the effective date
of his or her deferred retirement; and clarifying
language.

BY repealing and reenacting, with amendments,

Article 73B - Pensions

Section 11(16), 86(10), 117(15), and 145(14)

Annotated Code of Maryland

(1978 Replacement Volume and 1981 Supplement)

BY repealing and reenacting, with amendments,

Article 88B - State Police

Section 53(15)

Annotated Code of Maryland

(1979 Replacement Volume and 1981 Supplement)

SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That section(s) of the Annotated Code of Maryland
read(s) as follows:

Article 73B - Pensions

11.

(16) Any member whose service is terminated other than
by death or retirement after he or she has rendered 5 or
more years of creditable service may elect to receive a
vested retirement allowance. Such a member shall be deemed
to have elected a vested retirement allowance, unless he or