Employees
Retirement
System
|
5 yrs
|
60
|
1/60 X average
final salary for
each year of
service
|
15 yrs with
allowance pay
beginning at
age 60
|
5.45% at age
21 to 8.90%
at age 59 or
over
|
4.50% for
1971
|
Yes
|
Maryland
Legislative
Plan
|
Highest
year
salary
|
age 55 or
after 16
yrs of
service
|
1/20 X highest
year salary for
each year not in
excess of 20
|
8 yrs with
allowance pay
beginning at
age 55
|
15%
|
49.62%
|
Yes
|
Pennsylvania
Legislative
Plan
|
3 yrs
|
50
|
7½% of final
salary for each
year
|
8 yrs
|
7½%
|
Pays
balance
|
Yes
|
Military
Plan
|
Highest
grade
|
after 20
years
|
2½% X highest
grade salary
for each year
|
none
|
none
|
Pays
all
|
No
|
Congressional
|
3 yrs
|
Age 50 with
30 years;
Age 60 with
10 years;
Age 62 with
5 years
|
2½% X average
final salary for
each year, not
to exceed 80% of
AFS
|
20 yrs at
age 50
|
7½%
|
Pays
balance
|
No
|
Maryland
Judicial
|
Max.
Salary
|
60
|
1/16 of maximum
salary not to
exceed 60% of
max. salary
|
immediate
with allow,
beginning at
age 60
|
6%
|
Pays
balance
|
No
|