Current with changes from the 2024 Legislative Session
Section 24-205 - Contributions by members(a) Except as provided in subsection (b) of this section, a member's contribution rate is 8% of the member's earnable compensation.(b) After 28 years of service as a member, a member does not make any further contributions.Amended by 2020 Md. Laws, Ch. 266,Sec. 1, eff. 7/1/2020.Amended by 2020 Md. Laws, Ch. 265,Sec. 1, eff. 7/1/2020.