Ch. 302                                    2004 LAWS OF MARYLAND

(1)      RETIREMENT COUNSELING WITH RESPECT TO THE SPECIAL PAY
PLAN;

(2)      PREPARING OR DISSEMINATING INFORMATION WITH RESPECT TO
THE PROVISIONS OF THE SPECIAL PAY PLAN OFFERED BY A DESIGNATED COMPANY;
OR

(3)      ENROLLING, TERMINATING, OR RETIRING A PARTICIPATING
EMPLOYEE.

33-205. 33-204.

(A)     BEFORE ENROLLING A PARTICIPATING EMPLOYEE, THE DESIGNATED
COMPANY SHALL PROVIDE TO ELIGIBLE EMPLOYEES, THE COMPTROLLER, AND THE
SECRETARY OR THE SECRETARY'S DESIGNEE ANY INFORMATION REQUESTED
REGARDING THE DESIGNATED COMPANY, THE SPECIAL PAY PLAN, OR THE
INVESTMENT OPTIONS OFFERED BY THE DESIGNATED COMPANY.

(B)     THE DESIGNATED COMPANY SHALL PROVIDE AND PAY FOR ALL
ADMINISTRATIVE, INFORMATIONAL, AND COUNSELING SERVICES WITH RESPECT TO
THE SPECIAL PAY PLAN OFFERED BY THE DESIGNATED COMPANY.

(C)     THE DESIGNATED COMPANY SHALL COOPERATE WITH THE
COMPTROLLER AND THE SECRETARY OR THE SECRETARY'S DESIGNEE IN
CONNECTION WITH ANY CONCERNS THAT RELATE TO ENROLLMENT, TERMINATION,
OR RETIREMENT OF A PARTICIPATING EMPLOYEE.

(D)     THE DESIGNATED COMPANY SHALL DISCLOSE TO THE COMPTROLLER
SECRETARY OR THE SECRETARY'S DESIGNEE ALL FEES, COMMISSIONS, OR OTHER
CHARGES THE DESIGNATED COMPANY IMPOSES OR COLLECTS WITH RESPECT TO
THE SPECIAL PAY PLAN.

33-206. 33-205.

A DESIGNATED COMPANY SHALL HOLD HARMLESS AND INDEMNIFY THE STATE,
THE COMPTROLLER, THE SECRETARY, AND THE OFFICERS, AGENTS, AND EMPLOYEES
OF THE STATE, FROM ANY CLAIMS OR DEMANDS ARISING FROM ANY ACT OR
OMISSION ON THE PART OF THE DESIGNATED COMPANY OR ITS OFFICERS, AGENTS,
OR EMPLOYEES, INCLUDING ANY CLAIM OR DEMAND FOR PAYMENT OF BENEFITS OR
DAMAGES ARISING FROM THE FORMATION, EXECUTION, PERFORMANCE, OR
TERMINATION OF A SPECIAL PAY PLAN.

SUBTITLE 3. PARTICIPATION.

33-301.

(A) THE SECRETARY OR THE SECRETARY'S DESIGNEE SHALL ADOPT
REGULATIONS THAT ESTABLISH THE NECESSARY CRITERIA THAT AN INDIVIDUAL
WHO IS A STATE EMPLOYEE SHALL MEET TO BE CONSIDERED AN ELIGIBLE
EMPLOYEE, INCLUDING AGE AND THE MINIMUM AMOUNT OF CONTRIBUTIONS
REQUIRED BY WITH RESPECT TO THE PARTICIPATING EMPLOYEE.

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