Department of Personnel, Employees' Retirement
System, 1970 82
Pension System for Employees of the State of
Maryland, 1979 82

State Police Retirement System, 1949 70
Department of Personnel, State Police
Retirement System, 1970 82

Maryland State Retirement & Pension Systems,
1982 94
State Retirement & Pension System, 1994—

MANDATED REPORTS

ORGANIZATIONAL STRUCTURE

STATE RETIREMENT & PENSION SYSTEM
BOARD OF TRUSTEES

Chair Louis L Goldstem, Comptroller of the Treasury
Vice Chair & Treasurer Richard N Dixon, State Treasurer

Appointed by Governor Joan J Huber, 1997, Frank P
Casula, 1998, George R Tydmgs, 1999

Appointed by Board of Public Works Michael S Panos,
1997, James A Jones, 1998

Elected by Employees' Retirement & Pension Systems'
members & beneficiaries Arthur N Caple, Jr , 1997, Jay
W Bixby, 1999

Elected by Teachers' Retirement & Pension Systems'
members & beneficiaries Homer O Elseroad, 1997, Carl
D Lancaster, 1999

Exofficto Frederick W Puddester, Secretary of Budget &
Management, Nancy S Grasmick, Ph D , State
Superintendent of Schools, Col David B Mitchell,
Secretary of State Police

INVESTMENT COMMITTEE

Arthur N Caple, Jr , Chair (410) 333 6537

STATE RETIREMENT AGENCY

Peter Vaughn, Executive Director
(appointed by Board of Trustees) (410) 767 4051
Harriet B Granet, General Counsel (410) 767 4036

INTERNAL AUDIT
Brian Savitt, Director (410) 767 6948

LEGISLATIVE PROGRAMS
J Howard Pleines, Director (410) 767 4052

SYSTEMS DEVELOPMENT
Francis (Wink) Langston, Director
(410) 767 6974

FINANCE DIVISION

Ricky L Harnson, Chief Financial Officer
(410) 767 4031

ACCOUNTING
Harvey Raitzyk, Director (410)7674171

INVESTMENT ACCOUNTING
Arthur D Broadwick, Director (410) 767 4707

PROCUREMENT & BUDGETING
Sarah A Ryckis, Director (410) 767 4417

INVESTMENT DIVISION
R Carol Casey, Chief Investment Officer
(appointed by Board of Trustees upon
recommendation of Executive Director)
(410) 767 1020

ACTIVELY MANAGED INVESTMENTS
Arthur M Lynch. Jr, Director (410) 767 1024

PASSIVELY MANAGED INVESTMENTS
Lawrence J Bach, Director (410)7671023

CASH & BOND MANAGEMENT
Victoria Willard, Director (410) 767 1025

RETIREMENT ADMINISTRATION DIVISION

Margaret A Bury, Retirement Administrator
(410) 767 4090
William C Legg, Special Assistant (410) 767 4014

BENEFITS PROCESSING
J Barry Schaub, Director (410) 767 4066

MEMBER RELATIONS & COUNSELING
Richard Gawrych, Director (410) 767 4030

OFFICE SERVICES
George J Sakkal, Director (410) 767 4070

SYSTEMS & CONTROI
Vacancy, Director (410) 767 4060

The State Retirement and Pension System covers
State and local government employees, teachers, State
pohce, judges, and legislators The Board of Trustees
for the State Retirement and Pension System was
created m 1982 (Chapter 506, Acts of 1982)
Under one Board of Trustees, the State Retire
ment and Pension System consolidates the Pension
System for Employees of the State of Maryland and
the Employees' Retirement System, the Pension Sys
tern for Teachers of the State of Maryland and the
Teachers' Retirement System, and the State Pohce
Retirement System Prior to this consolidation, retire
ment and pension systems functioned separately The
earliest began in 1927 when the Teachers' Retirement
System was established (Chapter 344, Acts of 1927)
The Employees' Retirement System formed m 1941
(Chapter 377, Acts of 1941) Thereafter, the State
Pohce Retirement System started in 1949 (Chapter
349, Acts of 1949) In 1970, these three systems were
placed under the Department of Personnel In 1979,
the Pension System for Employees of the State of
Maryland, and the Pension System for Teachers of the
State of Maryland were created (Chapters 2 3,24, Acts
of 1979) From these systems, the Maryland State
Retirement and Pension Systems was formed in 1982
When the pension law was recodified in 1994, the
Systems was renamed the State Retirement and Pen
sion System (Chapter 6, Acts of 1994)