# State Personnel and Pensions (GSP)

## Title 29. Benefits Other Than Service Retirement Benefits

### Subtitle 4. Cost-of-living Adjustments

#### Section 29-403

(a) This section applies only to:

  (1) an allowance of a former member, retiree, or surviving beneficiary of a deceased member, former member, or retiree:

    (i) of the Employees' Retirement System or the Teachers' Retirement System who elected Selection A (Additional member contributions);

    (ii) who transferred to the Local Fire and Police System from the Employees' Retirement System; or

    (iii) who transferred to the Law Enforcement Officers' Pension System from the Employees' Retirement System and had elected Selection A (Additional member contributions);

  (2) an allowance based on creditable service earned before July 1, 2011, for a former member, retiree, or surviving beneficiary of a deceased member, former member, or retiree of:

    (i) the Correctional Officers' Retirement System; or

    (ii) the State Police Retirement System; and

  (3) an additional annual allowance adjustment payable to a retiree or the beneficiary of a retiree of the State Police Retirement System under Sec. 24-401(e) of this article.

(b) A cost-of-living adjustment payable under this section shall be a compound cost-of-living adjustment computed in accordance with Sec. 29-402(d)(2) of this subtitle.

(c) A cost-of-living adjustment payable under this section is not subject to any cost-of-living rate cap.

(d) A cost-of-living adjustment payable under this section may not reduce an allowance to an amount that is less than the initial allowance.

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Md. Code Ann., State Pers. & Pens. (as displayed at mgaleg.maryland.gov, October 16, 2026)