(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.
Structure Maryland Statutes
Title 26 - Law Enforcement Officers' Pension System
Section 26-201 - Membership in the Law Enforcement Officers' Pension System -- Scope
Section 26-202 - Membership as Condition of Employment
Section 26-203 - Continuation of Membership
Section 26-203.1 - Transfer of Employer Contributions; Local Pension Fund Transfers
Section 26-203.2 - Maryland Transit Administration Police Force
Section 26-203.4 - Warrant Apprehension Unit of Division of Parole and Probation
Section 26-204 - Contributions by Members
Section 26-205 - Regular Interest
Section 26-206 - Termination of Membership
Section 26-207 - Transfer of Members Between Systems -- Law Enforcement Officers' Pension System