164                              Laws of Maryland                         Ch. 98

(B) If a waiver of limitations is desired, a written request for
the waiver must be forwarded to the [Commissioner] Secretary at
least thirty calendar days prior to the beginning of training. The
request for waiver must be signed by the department or agency
head and should include the following items:

(1)    The name or names of employees for whom the waiver is
requested;

(2)    The factors which are considered to justify the granting of
such a waiver.

Sec. 5. And be it further enacted, That Sections 2, 12(2) and 12
(9) of Article 73B of the Annotated Code of Maryland (1957 Edition,
1967 Replacement Volume and 1969 Supplement), title "Pensions,"
subtitle "In General," be and they are hereby repealed and re-
enacted, with amendments, all to read as follows:

2.

A retirement system is hereby established and placed under the
management of the board of trustees for the purpose of providing
retirement allowances and other benefits under the provisions of this
article, for employees of the State of Maryland. The retirement sys-
tem so created shall be established as of October first, nineteen
hundred and forty-one, and it shall be part of the Department of
Personnel. It shall have the powers and privileges of a corporation,
and shall be known as the "Employees' Retirement System of the
State of Maryland," and by such name all of its business shall be
transacted, all of its funds invested, and all of its cash and securities
and other property held in trust for the purpose for which received.
The exercise or performance of all powers, authority, duty and func-
tions vested in the Board of Trustees by the provisions of this Article,
shall be subject to the authority of the Secretary of Personnel as set
forth in Article 41 of this Code or elsewhere in the laws of this State.

12.

(2) The board shall consist of seven trustees, as follows:

(a)    The State [Budget Director] Secretary of Budget and Fiscal
Planning, ex officio,

(b)    The State Comptroller, ex officio,

(c)    The State [Commissioner] Secretary of Personnel, ex
officio,

(d)    The State Treasurer, ex officio,

(e)    Three State employees who shall be members of the system,
one of whom shall be appointed for a term of four (4) years by the
Board of Public Works and two (2) of whom shall be elected by the
members of said system for a term of four (4) years, according to
such rules and regulations as the board of trustees shall adopt to
govern such an election; provided, however, that the term of office of
one trustee so elected shall begin immediately following his election
and shall expire August 1, 1951, and the term of office of one trustee
shall expire August 1, 1949.

(9) The board of trustees shall elect from its membership a
chairman, . [and by a majority vote of all its members shall appoint a
secretary who may be, but need not be, one of its members. It] The