3398

LAWS OF MARYLAND

Ch. 731

(4) Professional and clerical employees of any library
operating under the provisions of this subtitle who are employed
pursuant to a federal Comprehensive Employment and Training Act
(CETA) public service employment program are not covered under
the Teachers' Retirement System of the State of Maryland.

89.

(4) On or before the first day of November next preceding
each regular meeting of the General Assembly of Maryland the
board of trustees shall certify to the State Superintendent of
Schools, the amounts which will become due and payable during the
year next following each of the funds of the retirement system
together with a statement of the percentage of the payroll of all
members, which is equivalent to the total amount. To this amount
the State Superintendent of Schools shall add an amount equal to
such percentage of the payroll of teachers who are members of
local retirement funds in the city and counties of the State, who
are excluded from membership in this retirement system [as
provided in section 83 of this subtitle, but (until June 30,
1969), not in excess of the percentage certified for this
retirement system, as such respective cities or counties may have
contributed during the biennium preceding, to their own
retirement or pension system on account of their teachers, which
latter], NOT IN EXCESS OF THE PERCENTAGE CERTIFIED FOR THIS
SYSTEM, AS SUCH CITIES OR COUNTIES MAY HAVE CONTRIBUTED TO THEIR
OWN RETIREMENT SYSTEM ON ACCOUNT OF THEIR TEACHERS. THIS amount
shall be paid to such cities and counties; and [beginning on July
1, 1969, as is determined by the actuary of this retirement
system on the basis of an actuarial valuation of the cost to such
subdivision of funding the same benefits as are provided under
this retirement system, which latter amount shall be paid to such
cities and counties;] the amounts thus ascertained shall be
included by the State Superintendent of Schools in his budget
estimate and shall be included in the budget bill which is
submitted to the General Assembly.

The State Superintendent of Schools shall certify one
quarter of the amount so ascertained for the year to the State
Comptroller on or before the last day of December, February, May
and September. The Comptroller shall on or before the first day
of January, March, June and October draw a warrant or warrants on
the Treasurer of the State of Maryland for the respective amounts
due the State retirement system and the various cities and
counties of the State which operate local retirement or pension
systems for teachers. On the receipt of the warrant of the
Comptroller, the Treasurer of the State of Maryland shall
immediately transfer to the State retirement system the amounts
due and shall pay to the treasurer of each city or county
operating a local retirement or pension plan covering teachers
the amount due.

150.