Statutes > Maryland Statutes > STATE PERSONNEL AND PENSIONS > TITLE 23 - EMPLOYEES' AND TEACHERS' PENSION SYSTEMS > Subtitle 2 - Membership > Section 23-213 - Contributions by members - Regular interest.

Section 23-213 - Contributions by members - Regular interest.

§ 23-213. Contributions by members - Regular interest.
  

Regular interest is payable on member contributions at the rate of 5% per year compounded annually until retirement or withdrawal of contributions and interest. 
 

[An. Code 1957, art. 73B, §§ 4-202, 5-202; 1994, ch. 6, § 2.]