Ch. 6

1994 LAWS OF MARYLAND

(II) A MEMBER OF THE NATURAL RESOURCES PENSION SYSTEM
WHO HAS TRANSFERRED FROM THE EMPLOYEES' RETIREMENT SYSTEM AFTER
ELECTING TO RECEIVE BENEFITS IN ACCORDANCE WITH SELECTION A
(ADDITIONAL MEMBER CONTRIBUTIONS) AS DEFINED IN § 22-101(B) OF THIS
ARTICLE OR SELECTION B (LIMITED COST-OF-LIVING ADJUSTMENT) AS DEFINED IN
§ 22-101(C) OF THIS ARTICLE.

(2) AN ORDINARY DISABILITY RETIREMENT ALLOWANCE EQUALS THE
GREATER OF:

(I)       A NORMAL SERVICE RETIREMENT ALLOWANCE; OR

(II)     25% OF THE MEMBER'S AVERAGE FINAL COMPENSATION.

REVISOR'S NOTE: Subsection (a) of this section is new language added for
clarity.

Subsections (b) through (d) of this section are new language derived without
substantive change from former Art. 73B, §§ 4-404(a)(3) and (5), 5-404(a)(3)
and (5), 8-402(a)(3) and (4), and 10-218(b).

In subsection (c) of this section, the former reference to contributions
refunded "to the member" is deleted as implicit in the reference to "refunded
contributions".

In subsection (d) of this section, the references to "Selection A (Additional
member contributions)" and "Selection B (Limited cost-of-living

     adjustment)" are added to the cross-references for clarity.

The State Personnel and Pensions Article Review Committee notes, for
consideration by the General Assembly, that it is not clear whether the
reference to "refunded contributions" in subsection (c) of this section includes
transfer refunds. The General Assembly may wish to clarify this ambiguity.

Defined terms: "Average final compensation" § 20-101
"Board of Trustees" § 20-101
"Creditable service" § 20-101

     "Earnable compensation" § 20-101
"Employees' Pension System" § 20-101
"Employees' Retirement System" § 20-101

"Local Fire and Police System" § 20-101
"Member" § 20-101

"Natural Resources Pension System" § 20-101
"Normal retirement age" § 20-101
"Retirement" § 20-101
"Retirement allowance" § 20-101
"State system" § 20-101
"Teachers' Pension System" § 20-101
"Teachers' Retirement System" § 20-101

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