Plain Text Law

§ 22–214

Statutes in effect as of October 1, 2026.

Md. Code Ann., State Pers. & Pens. § 22-214 (2026)
Title 22. Employees' and Teachers' Retirement Systems
Subtitle 2. Membership

§ 22–214Copy Citation

(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
(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
(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.