§ 5. Supplemental retirement benefits.  


Latest version.
  • Upon application to the city council, any employee of the City of Annapolis who retires and who receives, by reason of prior city employment, any retirement allowance under the provisions of Article 73B of the Annotated Code of Maryland shall be paid an additional sum by the City of Annapolis that, when added to whatever sum any such person is receiving from the Employees' Retirement System of the State of Maryland, shall be equivalent to two (2) per cent of the person's annual salary, as of the date of his retirement, for each year of continuous service, or fraction thereof. The supplement payment thus allowed shall in no case exceed two hundred fifty dollars ($250.00) per month. The city council shall annually levy an amount sufficient to pay such additional allowance as established under this section. The provisions of this section shall not apply unless the employee has been employed by the city for a period of not less than ten (10) years and has been a participant in the Employees' Retirement System of the State of Maryland continuously during such period of employment. The provisions of this section shall also not apply to those persons who are recipients of supplemental payments from the city prior to the effective date of this amendment; but that the previously retired persons who are receiving supplemental payments prior to the adoption of this resolution shall continue to receive the additional allowance as provided by Section 30-A of the Charter of the City of Annapolis which was in effect just prior to the effective date of CA-2-72 Charter amendment. Provided further, that any employee retiring on or after January 1, 1972 shall be entitled to the benefits herein recited. The provisions of Section 29 of Article 73B of the Annotated Code of Maryland shall not apply or govern this section.