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Session Laws, 1994
Volume 773, Page 465   View pdf image
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WILLIAM DONALD SCHAEFER, Governor

Ch. 6

(III)    FOR ORDINARY DISABILITY RETIREMENT AS PROVIDED BY §
29-106 OF THIS ARTICLE; AND

(IV)    FOR ACCIDENTAL DISABILITY RETIREMENT AS PROVIDED BY §
29-110 OF THIS ARTICLE;

(2)      HAVE THE ALLOWANCE ADJUSTED AS PROVIDED BY TITLE 29,
SUBTITLE 4, PART IV OF THIS ARTICLE; AND

(3)      MAKE THE MEMBER CONTRIBUTIONS AT THE RATE SPECIFIED BY §
22-214(B) OF THIS SUBTITLE.

(C) ADDITIONAL OPTIONS.

(1)      AFTER A MEMBER ELECTS SELECTION B (LIMITED COST-OF-LIVING
ADJUSTMENT), THE MEMBER MAY:

(I)       ELECT SELECTION C (COMBINATION FORMULA); OR

(II)     TRANSFER TO THE EMPLOYEES' PENSION SYSTEM OR THE
TEACHERS' PENSION SYSTEM AS PROVIDED IN § 22-212 OF THIS SUBTITLE.

(2)      AFTER THE ELECTION OF SELECTION C (COMBINATION FORMULA)
UNDER PARAGRAPH (1)(I) OF THIS SUBSECTION:

(I)       THE ADJUSTMENT FOR CREDITABLE SERVICE BEFORE THE
DATE OF THE ELECTION, SHALL BE AS PROVIDED IN TITLE 29, SUBTITLE 4, PART IV
OF THIS ARTICLE;

(II)     THE ADJUSTMENT FOR CREDITABLE SERVICE ON OR AFTER
THE EFFECTIVE DATE OF THE ELECTION, SHALL BE AS PROVIDED IN TITLE 29,
SUBTITLE 4, PART II OF THIS ARTICLE; AND

(III)    THE RATE OF MEMBER CONTRIBUTIONS SHALL BE AS
PROVIDED IN § 23-212 OF THIS ARTICLE.

REVISOR'S NOTE: Subsection (a) of this section is new language added to clarify
that this section applies to those members who, on the effective date of this
Act, are subject to Selection B (Limited cost-of-living adjustment) or who on
or after that date elect Selection B after having elected Selection A.

Subsections (b)(1) and (3) and (c) of this section are new language derived
without substantive change from former Art. 73B, §§ 2-415(d) and (f) and
3-412(d) and (f), as they related to the election of Selection C (Combination
formula) §§ 2-415(g)(l) and 3-412(g)(l), and, as they related to the transfer
to the pension systems, §§ 2-415(g)(2) and 3-412(g)(2).

Subsection (b)(2) of this section is new language added to provide a
cross-reference to the provisions that relate to cost-of-living adjustments.

Former Art. 73B, §§ 2-415(b) and (c) and 3-412(b) and (c), which provided
for an election of Selection B (Limited cost-of-living adjustment) as of certain
dates, are deleted as obsolete.

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Session Laws, 1994
Volume 773, Page 465   View pdf image
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