Section 29-401 - Definitions(a) In this subtitle the following words have the meanings indicated.(b)(1) "Accumulated cost-of-living adjustment amount" means the sum of all prior cost-of-living adjustments made to an allowance.(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.(c)(1) "Allowance" has the meaning stated in § 20-101 of this article.(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.(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.(e) "Cost-of-living adjustment" means the amount by which an allowance is adjusted as of July 1 of a fiscal year.(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.(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.(h) "Effective date" means: (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) 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.(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.(j) "Selection A (Additional member contributions)" means the retirement selection described in § 22-219 of this article.(k) "Selection B (Limited cost-of-living adjustment)" means the retirement selection described in § 22-220 of this article.(l) "Selection C (Combination formula)" means the retirement selection described in § 22-221 of this article.Amended by 2024 Md. Laws, Ch. 667,Sec. 1, eff. 10/1/2024.Amended by 2024 Md. Laws, Ch. 666,Sec. 1, eff. 10/1/2024.Amended by 2013 Md. Laws, Ch. 551, Sec. 2, eff. 7/1/2013.Added by 2013 Md. Laws, Ch. 550, Sec. 2, eff. 7/1/2013.