Ch. 325
LAWS OF MARYLAND
[(a)] (I) An annuity which shall be the actuarial
equivalent of his accumulated contributions at the time of his
retirement; and
[(b)] (II) A pension of two thirds of his average
final compensation, but in no event shall his total accidental
disability retirement allowance exceed his average final
compensation.
(B) ANY MEMBER RETIRED UNDER THE PROVISIONS OF
SUBSECTION (4A) OF THIS SECTION PRIOR TO JULY 1, 1973, WHOSE
RETIREMENT ALLOWANCE WAS REDUCED EFFECTIVE OCTOBER 1, 1986, SHALL
HAVE THE RETIREMENT ALLOWANCE RESTORED TO ITS FORMER AMOUNT IN
EFFECT ON OCTOBER 1, 1986, WITH APPROPRIATE RECOMPUTATION OF
COST-OF-LIVING ADJUSTMENTS.
Article 88B - State Police
53.
(d) (1) Upon retirement for ordinary disability a member
shall receive a service retirement allowance if he or she has
attained the age of 50, otherwise he or she shall receive an
ordinary disability retirement allowance which shall be computed
as one forty-fifth of his or her average final compensation for
each of the first 25 years of creditable service and one
ninetieth of his or her average final compensation for each year
after the first 25 years of creditable service, but in no event
shall the total retirement allowance be less than 35 percent of
his or her average final compensation.
(2) Effective July 1, 1973, the provisions of this
subsection are applicable to members who retired prior to July 1,
1973.
(3) Upon the death of any member who has retired on
an ordinary disability allowance:
(i) There shall be paid to the surviving
spouse, if he leaves a surviving spouse, one half of his
retirement allowance; or
(ii) If there is no eligible surviving spouse,
or if an eligible surviving spouse dies before the youngest child
of the deceased member shall have attained the age of eighteen,
then one half of the deceased member's retirement allowance shall
be paid to his child or children, under said age, divided in such
manner as the board in its discretion shall determine, to
continue as a joint and survivorship pension for the benefit of
the child or children under said age until every child dies or
attains said age.
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