Maryland State Personnel and Pensions Section 22-214

Article - State Personnel and Pensions

§ 22-214.

      (a)      (1)      This subsection applies only to a member who is subject to Selection A (Additional member contributions).

            (2)      For a member whose membership started on or before June 30, 1973, the contribution rate as a percent of a member's earnable compensation is the lesser of:

                  (i)      2% plus the contribution rate adopted by the Board of Trustees and in effect when membership began; or

                  (ii)      7%.

            (3)      For a member whose membership started on or after July 1, 1973, the contribution rate is 7% of a member's earnable compensation.

            (4)      For a member who under § 22-308(b)(2) of this title elects to receive full-time service credit for regular part-time employment, the contribution rate is 7% of the compensation the member would have earned had the member been a full-time employee.

      (b)      (1)      This subsection applies to a member who is subject to Selection B (Limited cost-of-living adjustment).

            (2)      For a member whose membership started on or before June 30, 1973, the contribution rate as a percent of a member's earnable compensation is the lesser of:

                  (i)      the contribution rate adopted by the Board of Trustees and in effect when membership began; or

                  (ii)      5%.

            (3)      For a member whose membership started on or after July 1, 1973, the contribution rate is 5% of a member's earnable compensation.

            (4)      For a member who elects under § 22-308(b)(2) of this title to receive full-time service credit for regular part-time employment, the contribution rate is 5% of the compensation the member would have earned had the member been a full-time employee.

      (c)      (1)      This subsection applies to a member who is subject to Selection C (Combination formula).

            (2)      A member's contribution rate is as provided in § 23-212 of this article.



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