Md. Code, State Personnel and Pensions § 22-214
This is the official text of Md. Code, State Personnel and Pensions § 22-214, part of Maryland’s Code, State Personnel and Pensions — governs state employees and public pensions.
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§22–214.
Official statutory text
(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.
(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.
Status: in_force · Read it on the official government site
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