# State Personnel and Pensions (GSP)

## Title 29. Benefits Other Than Service Retirement Benefits

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

#### Section 29-405

(a) This section applies only to an allowance received by a former member, retiree, or surviving beneficiary of a deceased member, former member, or retiree:

  (1) of the Employees' Retirement System or the Teachers' Retirement System who elected Selection B (Limited cost-of-living adjustment); or

  (2) who transferred to the Law Enforcement Officers' Pension System from the Employees' Retirement System and had elected Selection B (Limited cost-of-living adjustment).

(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 shall be subject to a cost-of-living rate cap of 5%.

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