Maryland Statutes

§ 28-204

Maryland·Article gsp State Personnel and Pensions·Title 28
(a)Except as provided in subsection (b) of 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 for a member who has transferred from the Employees’ Retirement System is 7% of the member’s earnable compensation.

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Nearby Sections

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§ 28-101
§ 28-101
§ 28-102
§ 28-102
§ 28-201
§ 28-201
§ 28-202
§ 28-202
§ 28-203
§ 28-203
§ 28-204
§ 28-204
§ 28-205
§ 28-205
§ 28-206
§ 28-206
§ 28-301
§ 28-301
§ 28-302
§ 28-302
§ 28-303
§ 28-303
§ 28-304
§ 28-304
§ 28-305
§ 28-305
§ 28-306
§ 28-306
§ 28-306.1
§ 28-306.1
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