§ 22-214. Contributions by members

   (a) Members subject to Selection A (Additional member contributions). --

   (1) This subsection applies only to a member who is subject to Selection A (Additional member contributions).

   (2) For a member whose membership started on or before June 30, 1973, the contribution rate as a percent of a member's earnable compensation is the lesser of:

      (i) 2% plus the contribution rate adopted by the Board of Trustees and in effect when membership began; or

      (ii) 7%.

   (3) For a member whose membership started on or after July 1, 1973, the contribution rate is 7% of a member's earnable compensation.

   (4) For a member who under § 22-308(b)(2) of this title elects to receive full-time service credit for regular part-time employment, the contribution rate is 7% of the compensation the member would have earned had the member been a full-time employee.

(b) Members subject to Selection B (Limited cost-of-living adjustment). --

   (1) This subsection applies to a member who is subject to Selection B (Limited cost-of-living adjustment).

   (2) For a member whose membership started on or before June 30, 1973, the contribution rate as a percent of a member's earnable compensation is the lesser of:

      (i) the contribution rate adopted by the Board of Trustees and in effect when membership began; or

      (ii) 5%.

   (3) For a member whose membership started on or after July 1, 1973, the contribution rate is 5% of a member's earnable compensation.

   (4) For a member who elects under § 22-308(b)(2) of this title to receive full-time service credit for regular part-time employment, the contribution rate is 5% of the compensation the member would have earned had the member been a full-time employee.

(c) Members subject to Selection C (Combination formula). --

   (1) This subsection applies to a member who is subject to Selection C (Combination formula).

   (2) A member's contribution rate is as provided in § 23-212 of this article.

HISTORY: An. Code 1957, art. 73B, § 2-202, 2-414, 2-415, 2-416, 3-202, 3-411, 3-412, 3-413; 1994, ch. 6, § 2; 1999, ch. 176, § 1.