Title 35. Supplemental Retirement Plans — Subtitle 6. Deferred Compensation Plan
Statutes in effect as of October 1, 2026.
Md. Code Ann., State Pers. & Pens. § 35-601 (2026)
Title 35. Supplemental Retirement Plans
Subtitle 6. Deferred Compensation Plan
§ 35–601LinkCopy Citation
There is a deferred compensation plan for eligible participants as allowed by § 457 of the Internal Revenue Code.
Md. Code Ann., State Pers. & Pens. § 35-602 (2026)
Title 35. Supplemental Retirement Plans
Subtitle 6. Deferred Compensation Plan
§ 35–602LinkCopy Citation
An individual is eligible to participate in the deferred compensation plan if the individual is:
(1)
an officer of this State;
(2)
an employee of this State, including a contractual employee;
(3)
an employee of the Northeast Maryland Waste Disposal Authority;
(4)
an independent contractor who performs service under § 21–304(c) of the Education Article; or
(5)
an employee of the Maryland Small Business Retirement Savings Board who has been determined by the Board to be an eligible employee under the federal Internal Revenue Code.