Maryland § 21-305.1
Full text of Maryland Maryland Code § 21-305.1, with citation guidance and answers to common questions.
§ 21-305.1.
(a) In this section, “employees’ systems” means the Employees’ Pension System and the Employees’ Retirement System.
(b) As part of each actuarial valuation, the actuary shall determine the normal contributions, net of member contributions, on account of members of the employees’ systems who are employees of participating governmental units.
(c) Except as provided in subsection (d) of this section, the normal contribution rate for participating governmental units equals the fraction that has:
(1) as its numerator, the sum of the normal contributions determined under this section; and
(2) as its denominator, the aggregate annual earnable compensation of the members of the employees’ systems who are employees of participating governmental units.
(d) On the recommendation of the actuary, the Board of Trustees may adjust the normal contribution rate to reflect:
(1) experience gains and losses;
(2) the effect of changes in actuarial assumptions; and
(3) the effect of legislation enacted after July 1, 1980.
Frequently Asked Questions About Maryland § 21-305.1
What does Maryland Code § 21-305.1 cover?
Section 21-305.1 is part of the Maryland Code, the codified statutory law of Maryland. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Maryland § 21-305.1?
A common citation format is "Maryland Code § 21-305.1" (Maryland). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Maryland law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Maryland official source linked on this page or consult a licensed Maryland attorney.
How does Maryland § 21-305.1 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Maryland can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Maryland.