3. The provisions of section 7 of P.L.1969, c.169 (C. 43:3B-8) shall not apply to section 7 of P.L.1944, c.255 (C. 43:16A-7), as amended by this act, P.L.1997, c.281 (C. 43:16A-7.3), and the annual cost of living adjustment received by surviving spouses under P.L.1958, c.143 (C. 43:3B-1 et seq.), as amended and supplemented by P.L.1969, c.169, shall be calculated as of the date of retirement of the member of the retirement system.

L.1997,c.281,s.3.