2013 Maryland Code
STATE PERSONNEL AND PENSIONS
§ 26-204 - Contributions by members


MD State Pers & Pens Code § 26-204 (2013) What's This?

§26-204.

(a) Except as provided in subsection (b) of this section, a member’s contribution rate is:

(1) 4% of the member’s earnable compensation received before July 1, 2011;

(2) 6% of the member’s earnable compensation received from July 1, 2011 to June 30, 2012, both inclusive; and

(3) 7% of the member’s earnable compensation received on or after July 1, 2012.

(b) (1) This subsection applies only to a member who:

(i) transferred to the Law Enforcement Officers’ Pension System from the Employees’ Retirement System on or after January 1, 2001, and on or before December 31, 2004; or

(ii) 1. transferred to the Law Enforcement Officers’ Pension System from the Employees’ Retirement System on or before December 31, 2000; and

2. did not elect to participate in the Law Enforcement Officers’ Modified Pension Benefit on or before December 31, 2000 as provided in § 26-211 of this subtitle.

(2) The contribution rate for a member who has transferred from the Employees’ Retirement System is the rate set under:

(i) Section 22-214(a) of this article, for a member who had elected Selection A (Additional member contributions) under § 22-219 of this article; or

(ii) Section 22-214(b) of this article, for a member who had elected Selection B (Limited cost-of-living adjustment) under § 22-220 of this article.

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