Volume 176, Page 162 View pdf image (33K) |
162 MARYLAND MANUAL to the teachers in the Maryland public schools, the faculty members of the State colleges, the University of Maryland, and Morgan State College are members of the System (Code 1957, 1969 Repl. Vol., 1972 Supp., Art. 77, sees. 176, 190-212). Appropriations 1973 1974 General Funds ............ .$48,240,617 $54,526,503 EMPLOYEES' RETIREMENT SYSTEM Board of Trustees Chairman: Louis L. Goldstein, Comptroller of the Treasury Ex officio members: J. Millard Tawes, State Treasurer; R. Kenneth Barnes, Secretary of Budget and Fiscal Planning; Henry G. Bosz, Secretary of Personnel. Appointed by the Board of Public Works: Albert W. Ward, 1973. Elected by the members: Robert L. Serviss, 1973; Richard H. Trainor, 1975. Christ G. Christis, Assistant Secretary of Personnel for Retirement Systems Donald W. Potter, Administrator May Town, Administrator Howard J. France, Investment Administrator 301 W. Preston Street, Baltimore 21201 Telephone: 383-2344 The Employees' Retirement System was established by Chapter 377, Acts of 1941. Under Chapter 98, Acts of 1970, the System became part of the Department of Personnel. It is administered by a Board of Trustees of seven members, four of whom are ex officio members, one appointed by the Board of Public Works, and the remaining two are elected by the membership of the Retirement System. The System administers the retirement allowances and benefits for the employees of the State and the municipalities that participate in the system, and is responsible for the proper investment and administration of funds entrusted to its care. In addition, the system administers retirement or pension plans for members of the General Assembly and Judges. (Code 1957, 1970 Repl. Vol., 1973 Supp., Art. 73B, sees. 1-34, 46 and 1973 Repl. Vol., Art. 26, sees. 49-50C, 125-125A, and 144, 149 and Art. 77A, sec. 15). Since June 1, 1956, Social Security coverage has been administered through the Division of Social Security for all State employees and all teachers (Code 1957, 1970 Repl. Vol. 1973 Supp., Art. 73B, sees. 35-45).
STATE POLICE RETIREMENT SYSTEM Board of Trustees Chairman: Thomas S. Smith, Superintendent of State Police Ex officio members: Henry G. Bosz, Secretary of Personnel; Louis L. Goldstein, Comptroller of the Treasury; J. Millard Tawes, |
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Volume 176, Page 162 View pdf image (33K) |
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