Ch. 6                                            1994 LAWS OF MARYLAND

Defined terms: "Consumer Price Index" § 29-401
"Former member" § 20-101
"Initial allowance" § 29-401
"Member" § 20-101
"Retiree" § 20-101
"Vested allowance" § 20-101

29-407. COMPUTATION OF ADJUSTED ALLOWANCE.

THE TOTAL ALLOWANCE PAYABLE IN ANY FISCAL YEAR SHALL BE THE SUM
OF:

(1)      THE INITIAL ALLOWANCE;

(2)    ALL PRIOR COST-OF-LIVING ADJUSTMENTS;

(3)      THE COST-OF-LIVING ADJUSTMENT PROVIDED FOR UNDER § 29-406
OF THIS SUBTITLE; AND

(4)      ANY ADDITIONAL ANNUITY.                     

REVISOR'S NOTE: This section is new language derived without substantive
change from former Art. 73B, §§ 4-413(b)(5), 5-412(b)(5), 8-405(a)(6), and
10-221(a)(6).

       Defined terms: "Allowance" § 20-101
"Annuity" § 20-101
"Initial allowance" § 29-401

29-408. RESERVED.

29-409. RESERVED.

PART III. UNLIMITED ADJUSTMENT.

29-410. SCOPE OF PART.

(A). APPLICATION.

THIS PART HI APPLIES ONLY TO AN ALLOWANCE RECEIVED BY:

(1) A FORMER MEMBER, RETIREE, . OR SURVIVING SPOUSE OF A
MEMBER:

(I)       OF THE CORRECTIONAL OFFICERS' RETIREMENT SYSTEM;

(II)     OF THE EMPLOYEES' RETIREMENT SYSTEM OR THE TEACHERS'
RETIREMENT SYSTEM WHO ELECTED SELECTION A (ADDITIONAL MEMBER
CONTRIBUTIONS);

(III)    OF THE STATE POLICE RETIREMENT SYSTEM; .

(IV)    WHO TRANSFERRED TO THE LOCAL FIRE AND POLICE SYSTEM
FROM THE EMPLOYEES' RETIREMENT SYSTEM; OR

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