State Codes and Statutes

§ 26-205. Regular interest.

Regular interest is payable on member contributions until retirement or withdrawal of accumulated contributions at the rate of:

(1) 4% a year, compounded annually, for a member who has transferred from the Employees' Retirement System on or before December 31, 2004; or

(2) 5% a year, compounded annually, for each other member.

[An. Code 1957, art. 73B, § 8-202; 1994, ch. 6, § 2; 2004, ch. 532, § 1.]

§ 26-205. Regular interest.

Regular interest is payable on member contributions until retirement or withdrawal of accumulated contributions at the rate of:

(1) 4% a year, compounded annually, for a member who has transferred from the Employees' Retirement System on or before December 31, 2004; or

(2) 5% a year, compounded annually, for each other member.

[An. Code 1957, art. 73B, § 8-202; 1994, ch. 6, § 2; 2004, ch. 532, § 1.]

§ 26-205. Regular interest.

Regular interest is payable on member contributions until retirement or withdrawal of accumulated contributions at the rate of:

(1) 4% a year, compounded annually, for a member who has transferred from the Employees' Retirement System on or before December 31, 2004; or

(2) 5% a year, compounded annually, for each other member.

[An. Code 1957, art. 73B, § 8-202; 1994, ch. 6, § 2; 2004, ch. 532, § 1.]

Loading..