Any person who has served as governor, lieutenant governor, attorney general, secretary of state, or general treasurer for a period of twenty (20) consecutive years shall be entitled, upon his or her resignation or retirement, to receive annually during his or her life a sum equal to three quarters (¾) of the salary he or she was receiving at the time of his or her resignation or retirement. This section shall not apply to any person initially elected as governor, lieutenant governor, attorney general, secretary of state, or general treasurer on or after July 1, 2012.
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