§ 29-106
174 words·~1 min read·
/md/state-personnel-and-pensions/29-106·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§29–106.
(a)This section applies only to members of:
(1)the Correctional Officers’ Retirement System;
(2)the Employees’ Retirement System; and
(3)the Teachers’ Retirement System.
(b)An ordinary disability retirement allowance equals the greater of:
(1)a normal service retirement allowance; or
(2)the amount computed under subsection
(c)or
(d)of this section.
(c)If a member is at least normal retirement age, the amount to be used under subsection (b)(2) of this section is 25% of the member’s average final compensation.
(d)If a member is under normal retirement age, the amount to be used under subsection (b)(2) of this section is the lesser of:
(1)25% of the member’s average final compensation; or
(2)the normal service retirement allowance that is computed by using:
(i)the number of years of creditable service that the member would have received if the member continued employment until normal retirement age; and
(ii)an average final compensation that the member would have received if the member continued employment without a change in earnable compensation.