ment of December 3, 1951, with the U. S. Depart-
ment of Health, Education and Welfare (now the
U. S. Department of Health and Human Services).
The Division serves as the State agent in all
matters pertaining to social security coverage.

THE STATE ACCIDENT FUND

COMMISSIONERS
Chairperson: Paul E. Gaeng, 1986

Paul T. O'Malley, 1985; John Howard Burbage,
1987; William E. Claridge, 1988; Joseph M.
Coale III, 1988; Richard K. Coggins, 1988;
Margaret A. Barnes, 1989.

Donald W. Potter, Superintendent

8722 Loch Raven Blvd.
Baltimore 21204 Telephone: 321-3993
Toll Free 1-800^92-0197

Originally part of the State Industrial Accident
Commission, the State Accident Fund was estab-
lished as a separate agency by Chapter 504, Acts of
1941 (Code 1957, Art. 101, secs. 70-84). The Fund
insures those employers who are unable or elect
not to obtain insurance from private carriers, and
who are not self-insurers. The Fund is also the
Workmen's Compensation Insurance carrier for all
State employees.

Through the Fund, employers carry insurance
for the payment of claims that may arise from
accidents and injuries to their employees as allow-
ed under the Workmen's Compensation Law. All
expenses of the Fund are paid out of income from
premiums paid and interest on Fund investments.
The State Treasury is prepaid for operating ex-
penses of the Fund. The Fund is directed by seven
commissioners appointed to five-year terms by the
Secretary of Personnel with the approval of the
Governor (Code 1957, Art. 101, secs. 70-71).

Personnel/285

MARYLAND STATE EMPLOYEES
DEFERRED COMPENSATION PLAN

Board of Trustees

Chairperson: Dr. H. Louis Stettler III, Secretary of
Budget and Fiscal Planning

John F. X. O'Brien, Secretary of Personnel;
Yovonda D. Brooks, 1985; Edwin S. Crawford,
1986; Joseph H. Langhirt, 1986; Arthur Caple,
Maryland Classified Employees Association,
1985; William S. Hudson, Jr., President, MSEC-
AFSCME, AFL-CIO. 1985.

Leo E. Berger, Secretary

301 West Preston St.
Baltimore 21201 Telephone: 383^987

The Maryland State Employees Deferred Com-
pensation Plan was established by Chapter 433,
Acts of 1974. The Plan develops a deferred com-
pensation plan for State employees that meets the
criteria for approval by the U.S. Internal Revenue
Service. The Plan allows employees to set aside a
portion of their earnings in 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 supplement retire-
ment and other benefits.

The Board of Trustees was created by Executive
Order in 1974, and altered by Chapter 818, Acts of
1980, and Chapter 627, Acts of 1982. The Board
consists of seven members appointed by the Gover-
nor. At least two members must have experience
with deferred compensation plans and two must be
State employees. Members serve two-year terms.
The Governor designates the chairperson (Code
1957, Art. 73B, secs. 66-70).