§ 28-204. Contributions by members

MD State Pers & Pens Code § 28-204 (2019) (N/A)
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(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.