Md. Code, State Pers. & Pens. § 24-205

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.

Md. Code, SPP § 24-205

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.