(a) The following individuals are members of the Judges’ Retirement System: (1) a judge of the Court of Appeals, Court of Special Appeals, circuit court of a county, or District Court of Maryland; (2) a member of the State Workers’ Compensation Commission; and (3) a magistrate in chancery or magistrate in juvenile causes who: (i) was appointed by the circuit […]
(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 16 years of service as a member, a member does not make any further contributions.
(a) Except as provided in subsection (b) of this section, regular interest is payable on member contributions at the rate of 4% a year compounded annually, until retirement or withdrawal of the accumulated contributions. (b) (1) This subsection applies only to an individual who becomes a member of the Judges’ Retirement System on or after July 1, 2012. […]
(a) Membership ends if the member: (1) is separated from employment for more than 4 years; (2) withdraws the member’s accumulated contributions; (3) becomes a retiree; or (4) dies. (b) A former member who withdraws accumulated contributions does not have further rights under the Judges’ Retirement System.
