Maryland Statutes
§ 28-205
Maryland § 28-205
This text of Maryland § 28-205 is published on Counsel Stack Legal Research, covering Maryland primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Md. Code Ann., State Personnel and Pensions § 28-205 (2026).
Text
(a)Except as provided in subsection (b) of this section, regular interest is payable on member contributions until retirement or withdrawal of accumulated contributions at the rate of:
(1)4% a year, compounded annually, for a member who has transferred from the Employees’ Retirement System; or
(2)5% a year, compounded annually, for each other member.
(b)No further interest shall be paid on member contributions after membership ends if the former member is not eligible to receive a vested allowance under Title 29, Subtitle 3 of this article.
Free access — add to your briefcase to read the full text and ask questions with AI
Nearby Sections
15
Cite This Page — Counsel Stack
Bluebook (online)
Maryland § 28-205, Counsel Stack Legal Research, https://law.counselstack.com/statute/md/gsp/28-205.