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A.  For the purposes of calculating any benefit payable under this plan, any compensation in excess of the limits set forth in 26 U.S.C. § 401(a)(17) shall be disregarded.

B.  Subsection A of this Section shall not apply to members who enrolled in the plan on or before January 1, 1996.

Acts 2012, No. 481, §1, eff. June 5, 2012.