Marvin Mandel, Governor 167
37.
(a) There is hereby created a board of trustees of the retirement
and pension system of the Maryland State Police, which shall be part
of the Department of Personnel. Said board shall consist of [five]
seven trustees, as follows: The State [Budget Director] Secretary
of Budget and Fiscal Planning, the State Secretary of Personnel,
the State Comptroller, the State Treasurer, the Superintendent of
State Police and [one member] two members of the Department
of Maryland State Police to be appointed by the Board of Public
Works. Said board shall be organized immediately after three of such
trustees have qualified and taken the oath of office. The Secretary
of Personnel shall be responsible for such administrative functions
as had previously been performed by the Director of retirement
systems to carry out the duties and business of the board of
trustees; however, the Secretary of Personnel is authorized to dele-
gate to the Assistant Secretary of Personnel for retirement systems
such of these administrative functions as the Secretary deems ap-
propriate.
(b) On and after June 1, 1947, or as soon thereafter as the said
board of trustees is organized, the functions, duties and obligations
of the Superintendent of State Police with respect to the administra-
tion of the retirement and pension system, established by this sub-
title, are hereby transferred and vested in the said board of trustees,
subject to the authority of the Secretary of Personnel as set forth in
Article 41 of this Code.
50.
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 subtitle for the employees of the Department of Maryland
State Police. The Retirement System so created shall be established
as of July first, nineteen hundred and forty-nine 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 "State Police
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 functions 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.
54.
(2) The board shall consist of [five] seven trustees as follows:
(a) The State [Budget Director] Secretary of Budget and Fis-
cal Planning, ex officio;
(b) The State Comptroller, ex officio;
(c) The Superintendent of State Police, ex officio;
(d) The State Treasurer, ex officio;
(e) The State Secretary of Personnel, ex officio;
|