Md. Code, State Personnel and Pensions § 20-207
This is the official text of Md. Code, State Personnel and Pensions § 20-207, part of Maryland’s Code, State Personnel and Pensions — governs state employees and public pensions.
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§20–207.
Official statutory text
(a) This section does not apply to an individual who is a member of a State system on or before June 30, 1996.
(b) Notwithstanding any other provision of law, for plan years beginning on or after July 1, 1996, the annual compensation that may be taken into account when determining the retirement allowance payable to a member of a State system may not exceed the compensation limit under § 401(a)(17)(B) of the Internal Revenue Code and regulations adopted thereunder.
(b) Notwithstanding any other provision of law, for plan years beginning on or after July 1, 1996, the annual compensation that may be taken into account when determining the retirement allowance payable to a member of a State system may not exceed the compensation limit under § 401(a)(17)(B) of the Internal Revenue Code and regulations adopted thereunder.
Status: in_force · Read it on the official government site
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