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<section article="gsp" article_name="State Personnel and Pensions" number="23-401" title_number="23" title_name="Employees' and Teachers' Pension Systems" subtitle_number="4" subtitle_name="Service Retirement Benefits">
  <level label="a">
    <text>Except as provided in subsection (f) of this section, a member may retire with a normal service retirement allowance if:</text>
    <level label="1">
      <text>the member completes and submits a written application to the Board of Trustees stating the date when the member desires to retire; and</text>
    </level>
    <level label="2">
      <text>on or before the date of retirement, the member:</text>
      <level label="i">
        <text>has at least 30 years of eligibility service;</text>
      </level>
      <level label="ii">
        <text>has a combined total of at least 30 years of eligibility service from the Employees’ Pension System, the Teachers’ Pension System, the Employees’ Retirement System, or the Teachers’ Retirement System; or</text>
      </level>
      <level label="iii">
        <text>has attained the age and the years of eligibility service as follows:</text>
        <text>Age                                  Years of Eligibility</text>
        <text>Service</text>
        <text>62              with                         5</text>
        <text>63              with                         4</text>
        <text>64              with                         3</text>
        <text>65        or more with                 2</text>
      </level>
    </level>
  </level>
  <level label="b">
    <text>Except as provided in subsections (c), (d), (e), (f), and (g) of this section, on retirement under this section, a member is entitled to receive a normal service retirement allowance that equals the number of years of the member’s creditable service multiplied by:</text>
    <level label="1">
      <level label="0">
        <text>8% of the member’s average final compensation that is not in excess of the Social Security integration level; and</text>
      </level>
    </level>
    <level label="2">
      <level label="1">
        <text>5% of the member’s average final compensation that exceeds the Social Security integration level.</text>
      </level>
    </level>
  </level>
  <level label="c">
    <text>Except as provided in subsections (e) and (g) of this section, on retirement under this section, a member who is subject to the contributory pension benefit under Subtitle 2, Part II of this title is entitled to receive a normal service retirement allowance that equals the sum of:</text>
    <level label="1">
      <text>the number of years of the member’s creditable service on or after July 1, 1998 multiplied by 1.4% of the member’s average final compensation; and</text>
    </level>
    <level label="2">
      <text>the greater of:</text>
      <level label="i">
        <text>the number of years of the member’s creditable service on or before June 30, 1998 multiplied by 1.2% of the member’s average final compensation; or</text>
      </level>
      <level label="ii">
        <text>the number of years of the member’s creditable service on or before June 30, 1998 multiplied by:</text>
        <level label="1">
          <level label="0">
            <text>8% of the member’s average final compensation that is not in excess of the Social Security integration level; and</text>
          </level>
        </level>
        <level label="2">
          <level label="1">
            <text>5% of the member’s average final compensation that exceeds the Social Security integration level.</text>
          </level>
        </level>
      </level>
    </level>
  </level>
  <level label="d">
    <text>Except as provided in subsections (e) and (g) of this section, a member who is subject to the Alternate Contributory Pension Selection under Subtitle 2, Part III of this title is entitled to receive a normal service retirement allowance that equals the sum of:</text>
    <level label="1">
      <text>the greater of:</text>
      <level label="i">
        <text>the number of years of the member’s creditable service on or before June 30, 1998 multiplied by 1.2% of the member’s average final compensation; or</text>
      </level>
      <level label="ii">
        <text>the number of years of the member’s creditable service on or before June 30, 1998 multiplied by:</text>
        <level label="1">
          <level label="0">
            <text>8% of the member’s average final compensation that is not in excess of the Social Security integration level; and</text>
          </level>
        </level>
        <level label="2">
          <level label="1">
            <text>5% of the member’s average final compensation that exceeds the Social Security integration level; and</text>
          </level>
        </level>
      </level>
    </level>
    <level label="2">
      <text>the number of years of the member’s creditable service on or after July 1, 1998 multiplied by 1.8% of the member’s average final compensation.</text>
    </level>
  </level>
  <level label="e">
    <level label="1">
      <text>This subsection applies only to a member who has a combined total of 30 years of eligibility service as provided in subsection (a)(2)(ii) of this section.</text>
    </level>
    <level label="2">
      <text>A member is entitled to receive a normal service retirement allowance that equals:</text>
      <level label="i">
        <text>an allowance based on the creditable service the member earned in the Employees’ Pension System;</text>
      </level>
      <level label="ii">
        <text>an allowance based on the creditable service the member earned in the Employees’ Retirement System;</text>
      </level>
      <level label="iii">
        <text>an allowance based on the creditable service the member earned in the Teachers’ Pension System; plus</text>
      </level>
      <level label="iv">
        <text>an allowance based on the creditable service the member earned in the Teachers’ Retirement System.</text>
      </level>
    </level>
  </level>
  <level label="f">
    <level label="1">
      <text>A member who begins membership on or after July 1, 2011, may retire with a normal service retirement allowance if:</text>
      <level label="i">
        <text>the member completes and submits a written application to the Board of Trustees stating the date when the member desires to retire; and</text>
      </level>
      <level label="ii">
        <text>on or before the date of retirement, the member:</text>
        <level label="1">
          <text>has at least 90 years of combined age and years of eligibility service; or</text>
        </level>
        <level label="2">
          <text>is at least 65 years old and has at least 10 years of eligibility service.</text>
        </level>
      </level>
    </level>
    <level label="2">
      <text>Except as provided in subsection (g) of this section, a member who is subject to the reformed contributory pension benefit under Subtitle 2, Part IV of this title is entitled to receive a normal service retirement that equals the number of years of the member’s creditable service multiplied by 1.5% of the member’s average final compensation.</text>
    </level>
  </level>
  <level label="g">
    <text>On retirement under this section, if a member’s annuity is greater than the member’s normal service retirement allowance calculated under this section, the member’s normal service retirement allowance shall equal the member’s annuity.</text>
  </level>
</section>
