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The Law Enforcement Officers Pension System (LEOPS) is a defined benefit plan sponsored by the State of Maryland; Members contribute 4% of their annual earnable compensation and are eligible to retire at
age 50 or at any age upon accumulating 25 years of creditable service; The plan pays a benefit of 2% of average final compensation for each year of service up to a maximum benefit of 60% and includes up to a 3% annual COLA,
ordinary and accidental disability allowances and death benefits. Members may participate in a Deferred Retirement Option Program (DROP) between their 25th and 30th years of employment while they continue working and their
retirement allowance is placed in an account earning 6% interest; Most creditable service with other Maryland government employers may be transferred to LEOPS.
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