§ 26-203.3
101 words·~1 min read·
/md/state-personnel-and-pensions/26-203-3·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§26–203.3.
(a)This section applies to members of the Department of Public Safety and Correctional Services Intelligence and Investigative Division who:
(1)have the powers granted to a police officer under § 10–701 of the Correctional Services Article; and
(2)transfer to the Law Enforcement Officers’ Pension System on or before December 31, 2007.
(b)A member shall deposit in the annuity savings fund of the Law Enforcement Officers’ Pension System contributions at the rate of 4% of the individual’s earnable compensation after July 1, 2000, including regular interest on the contributions at the rate of 5% per year compounded annually.