Maryland State Personnel and Pensions Section 28-205

Article - State Personnel and Pensions

§ 28-205.

      Regular interest is payable on member contributions until retirement or withdrawal of accumulated contributions at the rate of:

            (1)      4% a year, compounded annually, for a member who has transferred from the Employees' Retirement System; or

            (2)      5% a year, compounded annually, for each other member.



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