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§ 27-202. Contribution rate of members

West's Annotated Code of MarylandState Personnel and PensionsEffective: July 1, 2012

West's Annotated Code of Maryland
State Personnel and Pensions (Refs & Annos)
Division II. Pensions [Titles 20-34] (Refs & Annos)
Title 27. Judges' Retirement System (Refs & Annos)
Subtitle 2. Membership (Refs & Annos)
Effective: July 1, 2012
MD Code, State Personnel and Pensions, § 27-202
§ 27-202. Contribution rate of members
Currentness
In general
(a) Except as provided in subsection (b) of this section, a member's contribution rate is 8% of the member's earnable compensation.
End to contributions
(b) After 16 years of service as a member, a member does not make any further contributions.

Credits

Added by Acts 1994, c. 6, § 2, eff. Oct. 1, 1994. Amended by Acts 2012, c. 485, § 1, eff. July 1, 2012.
Formerly Art. 73B, § 9-105.
MD Code, State Personnel and Pensions, § 27-202, MD ST PERS & PENS § 27-202
Current through legislation effective through April 25, 2024, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
End of Document