1. (a) In this subtitle the following words have the meanings indicated.

2. (b)

   1. (1) “Accumulated cost-of-living adjustment amount” means the sum of all prior cost-of-living adjustments made to an allowance.
   2. (2) “Accumulated cost-of-living adjustment amount” does not include the cost-of-living adjustment made as of July 1 of the current fiscal year.

3. (c)

   1. (1) “Allowance” has the meaning stated in § 20-101 of this article.
   2. (2) “Allowance” includes an annual retirement allowance adjustment payable as of July 1, 1999, to a retiree of the State Police Retirement System who retired on or before June 30, 1999, under § 24-401(e) of this article.
4. (d) “Consumer Price Index” means the annual average Consumer Price Index (all urban consumers, United States city average, all items, not seasonally adjusted, 1982-1984 = 100) for the calendar year ending December 31 as published by the United States Department of Labor, Bureau of Labor Statistics.
5. (e) “Cost-of-living adjustment” means the amount by which an allowance is adjusted as of July 1 of a fiscal year.
6. (f) “Cost-of-living rate” means the rate computed in accordance with § 29-402(c) of this subtitle that is used to determine a cost-of-living adjustment.
7. (g) “Cost-of-living rate cap” means the maximum cost- of-living rate that may be used to determine a cost-of-living adjustment in a fiscal year.

8. (h) “Effective date” means:

   1. (1) for an allowance of a former member, a retiree, or the surviving beneficiary of a deceased member, the first day of the month in which an allowance is first paid to the former member, retiree, or surviving beneficiary; or
   2. (2) for an allowance of a surviving beneficiary of a former member or a retiree, the first day of the month in which an allowance was first paid to the former member or retiree.
9. (i) “Initial allowance” means a basic allowance or an optional allowance paid in accordance with § 21-403 of this article, not including a cost-of-living adjustment, accumulated cost-of-living adjustment, or any additional annuity.
10. (j) “Selection A (Additional member contributions)” means the retirement selection described in § 22-219 of this article.
11. (k) “Selection B (Limited cost-of-living adjustment)” means the retirement selection described in § 22-220 of this article.
12. (l) “Selection C (Combination formula)” means the retirement selection described in § 22-221 of this article.

Added by Acts 2013, c. 550, § 2, eff. July 1, 2013; Acts 2013, c. 551, § 2, eff. July 1, 2013. Amended by Acts 2024, c. 666, § 1, eff. Oct. 1, 2024; Acts 2024, c. 667, § 1, eff. Oct. 1, 2024; Acts 2026, c. 55, § 1, eff. April 14, 2026; Acts 2026, c. 56, § 1, eff. April 14, 2026.