Maryland § 29-403
Full text of Maryland Maryland Code § 29-403, with citation guidance and answers to common questions.
§ 29-403.
(a) This section applies only to:
(1) an allowance of a former member, retiree, or surviving beneficiary of a deceased member, former member, or retiree:
(i) of the Employees’ Retirement System or the Teachers’ Retirement System who elected Selection A (Additional member contributions);
(ii) who transferred to the Local Fire and Police System from the Employees’ Retirement System; or
(iii) who transferred to the Law Enforcement Officers’ Pension System from the Employees’ Retirement System and had elected Selection A (Additional member contributions);
(2) an allowance based on creditable service earned before July 1, 2011, for a former member, retiree, or surviving beneficiary of a deceased member, former member, or retiree of:
(i) the Correctional Officers’ Retirement System; or
(ii) the State Police Retirement System; and
(3) an additional annual allowance adjustment payable to a retiree or the beneficiary of a retiree of the State Police Retirement System under § 24–401(e) of this article.
(b) A cost–of–living adjustment payable under this section shall be a compound cost–of–living adjustment computed in accordance with § 29–402(d)(2) of this subtitle.
(c) A cost–of–living adjustment payable under this section is not subject to any cost–of–living rate cap.
(d) A cost–of–living adjustment payable under this section may not reduce an allowance to an amount that is less than the initial allowance.
Frequently Asked Questions About Maryland § 29-403
What does Maryland Code § 29-403 cover?
Section 29-403 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 § 29-403?
A common citation format is "Maryland Code § 29-403" (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 § 29-403 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.