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HARRY HUGHES, Governor 2385
BOARD OF TRUSTEES AS AN ACTUARIALLY EQUIVALENT BENEFIT PROVIDED
UNDER THE OPTION 4 ALLOWANCE.
Article 88B - State Police
49.
The following words and phrases as used in this subtitle,
unless a different meaning is plainly required by the context
shall have the following meanings:
(16) "Annuity" shall mean payments for life derived
from the accumulated contributions of a member. All annuities
shall be payable in equal monthly instalments, EXCEPT WHERE
OTHERWISE AUTHORIZED BY RULE OF THE BOARD OF TRUSTEES AS AN
ACTUARIALLY EQUIVALENT BENEFIT PROVIDED UNDER THE OPTION 4
ALLOWANCE.
(17) "Pension" shall mean payments for life derived
from money provided by the State. All pensions shall be payable
in equal monthly instalments, EXCEPT WHERE OTHERWISE AUTHORIZED
BY RULE OF THE BOARD OF TRUSTEES AS AN ACTUARIALLY EQUIVALENT
BENEFIT PROVIDED UNDER THE OPTION 4 ALLOWANCE.
SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall
take effect July 1, 1983 January 1, 1984.
May 31, 1983
The Honorable Melvin A. Steinberg
President of the Senate
State House
Annapolis, Maryland 21404
Dear Mr. President:
In accordance with Article II, Section 17 of the Maryland
Constitution, I have today vetoed Senate Bill 614.
This bill requires the State to pay annually to Anne Arundel
County for all private development that is not related to
aviation a negotiated amount up to the amount of local property
taxes that would have been paid by all private development at BWI
Airport if the private development was not constructed on
State-owned land.
House Bill 1306, which was passed by the; General Assembly
and signed by me on May 31, 1983, accomplishes the same purpose.
Therefore it is not necessary for me to sign Senate Bill 614.
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