|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Ch. 137
|
|
|
|
|
PARRIS N. GLENDENING, Governor
|
|
|
|
|
|
|
|
|
|
|
BY repealing and reenacting, with amendments,
Article — State Personnel and Pensions
Section 22-405
Annotated Code of Maryland
(1997 Replacement Volume and 2001 Supplement)
SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That the Laws of Maryland read as follows:
Article - State Personnel and Pensions
22-405.
(a) [(1) This subsection applies to a former Governor who served at least one
full term of office as Governor before January 17, 1979.
(2) A former Governor described in paragraph (1) of this subsection may
retire immediately after completing one full term of office.
(3) A former Governor who retires under this subsection is entitled to
receive:
(i) an annual retirement allowance of $12,500; and
(ii) a cost-of-living adjustment as provided by Title 29, Subtitle 4,
Part III of this article.
(4) The Board of Trustees shall suspend a retirement allowance received
under this section during any period in which the former Governor is employed by a
unit of State government.
(5) (i) On the death of a former Governor who has retired under this
subsection, the surviving spouse of the former Governor shall receive an allowance
that is equal to one-half of the former Governor's retirement allowance.
(ii) The surviving spouse of the former Governor shall receive a
cost-of-living adjustment as provided in Title 29, Subtitle 4, Part III of this article.
(b) (1) This subsection applies to an individual who has served as Governor
on or after January 17, 1979.
(2) Subject to paragraph (5) of this subsection, if a Governor described in
paragraph (1) of this subsection serves for at least:
(i)] SUBJECT TO SUBSECTION (D) OF THIS SECTION, IF A GOVERNOR
SERVES FOR AT LEAST:
(1) one full term, the Governor is entitled to receive a retirement
allowance equal to one-third of the annual salary received [during the Governor's
last term of] BY THE CURRENT GOVERNOR IN office; or
|
|
|
|
|
|
|
|
- 1449 -
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|