Appointed members: Julius Rainess, 1980; Henry
C. Welcome, 1980; William B. Calvert, 1981;
Edward L. Coady, 1979; Natalie R.
Zimmerman, 1979; Dale E. Balfour, 1983; Olin
P. Moyd, 1983.

Anthony M. Carey, Executive Secretary
Elizabeth Nilson, Special Counsel

301 West Preston Street
Baltimore 21201 Telephone: 383-7193

The Board of Ethics was established by the
Governor in 1969 by executive order to advise on
individual cases in which State officers or
employees might have conflicts of interest. The
Board consists of nine members of whom eight
are appointed by the Governor for four-year
terms from the general public who are not sub-
ject to the Code of Ethics. The Secretary of Per-
sonnel is an ex officio member. The Governor
designates the Chairperson. The Board appoints
the Executive Secretary.

The Board has the power to recommend orders,
rules, regulations, and changes in the Code of
Ethics. The Board also has the power to render ad-
visory opinions to officers and employees of the
State or any of its agencies with respect to the ap-
plicability of the Code of Ethics. The Board also
investigates and reports upon alleged violations of
the Code upon the request of authorized officials.

The same Executive Order also established the
Code of Ethics for all executive branch officers
and employees in areas of possible conflicts be-
tween private interests and official duties as State
employees (Code 1957, Art. 41, sec. 14A).

MARYLAND STATE EMPLOYEES
DEFERRED COMPENSATION PLAN

Board of Trustees

Chairperson:Tbeo<ion E. Thomton, Sr„ Secretary of
Personnel

Thomas W. Schmidt, Secretary ofBudget and Fiscal
Planning,- Henry N. Williams, President, Mary-
land Classified Employees Association; Austin
Veale, President, MSEC-AFSCME, AFL-CIO;
Doris P. Scott.

James F. Truitt, Jr„ Counsel
Leo E. Berger, Secretary

301 West Preston Street
Baltimore 21201 Telephone: 383-4987

The Maryland State Employees Deferred Com-
pensation Plan was established by Chapter 433,
Acts of 1974. The Board of Trustees was created by
Executive Order on August 15, 1974, and exercises
general supervision over the Plan.

The Plan develops a deferred compensation
plan for State employees that meets the criteria
for approval by the U.S. Internal Revenue Ser-
vice. The Plan allows employees to set aside a
portion of their earnings into a tax-sheltered
savings and retirement program. Money invested
is tax free and basically allows employees to defer
present income for long-term savings to supple-
ment retirement and other benefits (Code 1957,
Art. 73B, sees. 66-70).