THE DROP MEMBER'S ACCOUNT BALANCE TO THE DROP PARTICIPANT, THE
DESIGNATED BENEFICIARY OF THE DROP PARTICIPANT, OR THE CUSTODIAN OF AN
ELIGIBLE RETIREMENT PLAN.

(J) (1) EXCEPT AS PROVIDED IN PARAGRAPH (2) OF THIS SUBSECTION, AS
OF THE FIRST DAY OF THE MONTH FOLLOWING TERMINATION OF A DROP MEMBER'S
PARTICIPATION IN THE DROP, THE BOARD OF TRUSTEES SHALL COMMENCE AND
CONTINUE PAYMENT OF THE NORMAL SERVICE RETIREMENT ALLOWANCE,
INCLUDING THE COST OF LIVING ADJUSTMENTS AS PROVIDED IN TITLE 29, SUBTITLE
4, PART III OF THIS ARTICLE, TO THE MEMBER AS PROVIDED IN §§ 24-401 AND 24-403
OF THIS SUBTITLE.

(2) IF A DROP MEMBER DIES BEFORE TERMINATION OF THE DROP
MEMBER'S PARTICIPATION IN THE DROP, THE BOARD OF TRUSTEES SHALL PAY 50%
OF THE NORMAL SERVICE RETIREMENT ALLOWANCE, INCLUDING THE COST OF
LIVING ADJUSTMENTS AS PROVIDED IN TITLE 29, SUBTITLE 4, PART III OF THIS
ARTICLE, TO THE BENEFICIARY AS PROVIDED IN § 24-403 OF THIS SUBTITLE.

(K) (1) A DROP MEMBER IS ELIGIBLE TO APPLY FOR A SPECIAL DISABILITY
RETIREMENT ALLOWANCE UNDER § 29-111 OF THIS ARTICLE.

(2) IF THE BOARD OF TRUSTEES GRANTS A DROP MEMBER A SPECIAL
DISABILITY RETIREMENT ALLOWANCE, THE DROP MEMBER MAY ELECT TO RECEIVE
THE SPECIAL DISABILITY RETIREMENT ALLOWANCE OR CONTINUE TO PARTICIPATE
IN THE DROP.

(3) (I) IF A DROP MEMBER ELECTS TO RECEIVE A SPECIAL DISABILITY
RETIREMENT ALLOWANCE INSTEAD OF CONTINUING TO PARTICIPATE IN THE DROP,
THE DROP MEMBER SHALL:

1. SUBMIT AN APPLICATION TO THE BOARD OF TRUSTEES,
ON THE FORM THE BOARD OF TRUSTEES PROVIDES, TO RECEIVE PAYMENT OF THE
AMOUNT ACCRUED IN THE DROP IN ACCORDANCE WITH SUBSECTION (I) OF THIS
SECTION;

2. EXECUTE A WRITTEN WAIVER OF ANY BENEFITS TO
WHICH THE DROP MEMBER MAY BE ENTITLED UNDER THE DROP; AND

3. SUBMIT AN APPLICATION TO RETIRE WITH A SPECIAL
DISABILITY RETIREMENT ALLOWANCE, ON THE FORM THE BOARD OF TRUSTEES
PROVIDES, STATING THE EFFECTIVE DATE OF THE DROP MEMBER'S RETIREMENT AS
A SPECIAL DISABILITY RETIREE.

(II) ON ACCEPTANCE OF THE APPLICATION FOR PAYMENT AND
APPLICATION TO RETIRE, THE BOARD OF TRUSTEES SHALL COMMENCE PAYMENT OF
A SPECIAL DISABILITY ALLOWANCE TO THE DROP MEMBER AS PROVIDED IN §
29-111(C) OF THIS ARTICLE, EXCEPT THAT THE DROP MEMBER'S AVERAGE FINAL
COMPENSATION SHALL BE COMPUTED AS OF THE EFFECTIVE DATE OF THE DROP
MEMBER'S APPLICATION FOR A SPECIAL DISABILITY RETIREMENT ALLOWANCE.