§ 23–212
Statutes in effect as of October 1, 2026.
Md. Code Ann., State Pers. & Pens. § 23-212 (2026)
Title 23. Employees' and Teachers' Pension Systems
Subtitle 2. Membership
§ 23–212LinkCopy Citation
(a)
Except as otherwise provided in this section, a member’s contribution rate is 5% of the part of the member’s earnable compensation that exceeds the taxable wage base for each year.
(b)
The contribution rate of a member who is subject to the contributory pension benefit under Part II of this subtitle is 2% of the member’s earnable compensation.
(c)
The contribution rate of a member who is subject to the Alternate Contributory Pension Selection under Part III of this subtitle is:
(1)
3% of the member’s earnable compensation received from July 1, 2006 to June 30, 2007, both inclusive;
(2)
4% of the member’s earnable compensation received from July 1, 2007 to June 30, 2008, both inclusive;
(3)
5% of the member’s earnable compensation received from July 1, 2008 to June 30, 2011, both inclusive; and
(4)
7% of the member’s earnable compensation received on or after July 1, 2011.
(d)
The contribution rate of a member who is subject to the reformed contributory pension benefit under Part IV of this subtitle is 7% of the member’s earnable compensation.