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§ 29-106. Ordinary disability retirement -- Allowance for Employees', Teachers', and Correctional Officers' Retirement Systems

MD State Pers & Pens Code § 29-106 (2019) (N/A)
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(a)    This section applies only to members of:

(1)    the Correctional Officers’ Retirement System;

(2)    the Employees’ Retirement System; and

(3)    the Teachers’ Retirement System.

(b)    An ordinary disability retirement allowance equals the greater of:

(1)    a normal service retirement allowance; or

(2)    the amount computed under subsection (c) or (d) of this section.

(c)    If a member is at least normal retirement age, the amount to be used under subsection (b)(2) of this section is 25% of the member’s average final compensation.

(d)    If a member is under normal retirement age, the amount to be used under subsection (b)(2) of this section is the lesser of:

(1)    25% of the member’s average final compensation; or

(2)    the normal service retirement allowance that is computed by using:

(i)    the number of years of creditable service that the member would have received if the member continued employment until normal retirement age; and

(ii)    an average final compensation that the member would have received if the member continued employment without a change in earnable compensation.

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