[(i)] (1) the number of years of the member's creditable service on
or after July 1, 1998 multiplied by 1.4% of the member's average final compensation;
and

[(ii)](2) the greater of:

[1.] (I) the number of years of the member's creditable
service on or before June 30, 1998 multiplied by 1.2% of the member's average final
compensation; or

[2.] (II) the number of years of the member's creditable
service on or before June 30, 1998 multiplied by:

[A.] 1. 0.8% of the member's average final compensation
that is not in excess of the Social Security integration level; and

[B.] 2. 1.5% of the member's average final compensation
that exceeds the Social Security integration level.

29-422.

(a) In this section, "effective date of selection" means the date that the
member, former member, or retiree first became subject to Selection C (Combination
formula) as provided in § 22-221 of this title.

(b) Except as provided in [subsection (c)] SUBSECTIONS (C) AND (D) of this
section, the Board of Trustees shall adjust an allowance described in § 29-421 of this
subtitle:

(1) for creditable service before the effective date of selection, as provided
by Part III of this subtitle; and

(2) for creditable service on or after the effective date of selection, as
provided by [Part II] PART VI of this subtitle.

(c) [For] SUBJECT TO SUBSECTION (D) OF THIS SECTION. FOR a member,
former member, or retiree who was subject to Selection B (Limited cost-of-living
adjustment) before electing Selection C (Combination formula), the Board of Trustees
shall adjust an allowance described in § 29-421 of this subtitle:

(1) for creditable service before the effective date of selection, as provided
by Part IV of this subtitle; and

(2) for creditable service on or after the effective date of selection, as
provided by [Part II] PART VI of this subtitle.

(D) IF AN ALLOWANCE IS RECEIVED BY A FORMER MEMBER, RETIREE, OR
SURVIVING BENEFICIARY OF A DECEASED MEMBER FORMER MEMBER OR RETIREE
WHO, WHILE A MEMBER, WAS AN EMPLOYEE OF A PARTICIPATING GOVERNMENTAL
UNIT THAT HAS NOT ELECTED THE CONTRIBUTORY PENSION BENEFIT OF ITS
EMPLOYEES UNDER § 31-116 OF THIS ARTICLE OR A FORMER PARTICIPATING.
GOVERNMENTAL UNIT THAT HAS WITHDRAWN, THE BOARD OF TRUSTEES SHALL