Section 28-204 – Contributions by Members
(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.
Section 28-205 – Regular Interest
(a) Except as provided in subsection (b) of this section, regular interest is payable on member contributions until retirement or withdrawal of accumulated contributions at the rate of: (1) 4% a year, compounded annually, for a member who has transferred from the Employees’ Retirement System; or (2) 5% a year, compounded annually, for each other member. (b) No further […]
Section 27-303 – Credit for Prior Service
A member is entitled to service credit for prior service as a full-time judge of a people’s court or municipal court.
Section 28-206 – Termination of Membership
Membership ends if the member is separated from employment for more than 4 years.
Section 27-304 – Purchase of Service Credit
(a) A member may purchase service credit as provided in subsection (b) of this section for periods of service described in subsection (c) of this section for which the member is not otherwise entitled to service credit. (b) (1) To purchase service credit under this section, a member must: (i) complete a claim for the service credit and file […]
Section 28-301 – In General
A member of the Local Fire and Police System is entitled to: (1) eligibility service as provided in §§ 28-302 through 28-307 of this subtitle; and (2) creditable service as provided in § 28-308 of this subtitle.
Section 27-401 – Eligibility for Retirement
(a) (1) This subsection applies only to an individual who is a member of the Judges’ Retirement System on or before June 30, 2012. (2) A member or former member is entitled to a retirement allowance: (i) on termination of service, if the member is at least 60 years old; (ii) on the recommendation of the medical board, if the […]
Section 28-302 – Eligibility Service — Rules for Computation
(a) Subject to subsection (b) of this section, a member is entitled to eligibility service for periods of employment while a member of the Local Fire and Police System. (b) (1) If a member completes at least 500 hours of employment while a member in any fiscal year, the member is entitled to 1 year of eligibility service. […]
Section 27-402 – Retirement Allowance
(a) Except as provided in subsection (b) of this section and subject to subsections (c) and (d) of this section, on retirement under this subtitle, a retiree is entitled to receive a retirement allowance that equals two-thirds of the salary payable in that fiscal year to a member holding the same level judicial position as that […]
Section 28-303 – Break in Service Rules
(a) In this section, “break in service” means a period of separation from employment in a fiscal year after the one in which a member first becomes employed, if during that fiscal year the member does not complete more than 350 hours of employment while a member. (b) A former member is entitled to the eligibility service […]