Ch. 532

LAWS OF MARYLAND

Article 88B - State Police

Section 53(q)

Annotated Code of Maryland

(1985 Replacement Volume and 1988 Supplement)

SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That the Laws of Maryland read as follows:

Article 88B - State Police

53.

(q) (1) Any member whose service is terminated. ON OR AFTER
JULY 1, 1989 other than by death or retirement after he or she
has rendered [15] 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 she requests the return of the accumulated contributions
within 2 years of such termination. The vested retirement
allowance is a deferred allowance commencing at age 50 and shall
be computed as one forty-fifth of his average final compensation
for each of the first twenty-five years of creditable service,
and one ninetieth of his average final compensation for each year
after the first twenty-five years of creditable service.

(2)  If the person who has elected a vested retirement
allowance requests the return of his or her contributions prior
to the person's effective retirement date, the amount of the
accumulated contributions shall be returned and no further
benefit shall be due or become payable on account of previous
membership.

(3)  Upon receipt of proper proof of the death of the
person who has elected a vested retirement allowance and dies
prior to his or her effective retirement date, the amount of that
person's accumulated contributions shall be paid to the
beneficiary the person has nominated by written designation duly
executed and filed with the board of trustees, or if there be no
designated beneficiary, then to the person's estate.

SECTION 2. AND BE IT FURTHER ENACTED, That it is the intent
of the General Assembly that this Act shall be construed
prospectively only and shall apply to, and be interpreted to have
an effect upon, a member of the Maryland State Police whose
service is terminated on or after July 1, 1989.

SECTION 2. 3. AND BE IT FURTHER ENACTED, That this Act
shall take effect June 1, 1989.

Approved May 19, 1989.

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