Md. Code, State Personnel and Pensions § 26-204
This is the official text of Md. Code, State Personnel and Pensions § 26-204, part of Maryland’s Code, State Personnel and Pensions — governs state employees and public pensions.
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§26–204.
Official statutory text
(a) (1) Except as provided in subsection (b) of this section, a member’s contribution rate is:
(i) 4% of the member’s earnable compensation received before July 1, 2011;
(ii) 6% of the member’s earnable compensation received from July 1, 2011, to June 30, 2012, both inclusive; and
(iii) 7% of the member’s earnable compensation received on or after July 1, 2012.
(2) Notwithstanding paragraph (1) of this subsection, after 32 years and 6 months of service as a member, a member does not make any further contributions.
(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.
(i) 4% of the member’s earnable compensation received before July 1, 2011;
(ii) 6% of the member’s earnable compensation received from July 1, 2011, to June 30, 2012, both inclusive; and
(iii) 7% of the member’s earnable compensation received on or after July 1, 2012.
(2) Notwithstanding paragraph (1) of this subsection, after 32 years and 6 months of service as a member, a member does not make any further contributions.
(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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