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1759
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HARRY HUGHES, Governor
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CHAPTER 552
(Senate Bill 789)
AN ACT concerning
Pensions - Board of Trustees
FOR the purpose of altering the membership of the Board of
Trustees for Maryland State Retirement and Pension Systems
to provide for representatives of the general public; and
providing for the appointment of the new members to the
Board of Trustees.
BY repealing and reenacting, with amendments,
Article 73B - Pensions
Section 159(1) and (2)
Annotated Code of Maryland
(1978 Replacement Volume and 1982 Supplement)
SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That the Laws of Maryland read as follows:
Article 73B - Pensions
159.
(1) The general administration and responsibility for the
proper operation of the several systems are vested in a single
board of trustees to be known as the Board of Trustees for
Maryland State Retirement and Pension Systems. The Board shall
consist of the following 13 15 members:
(a) The State Comptroller, ex officio;
(b) The; State Treasurer, ex officio;
(c) The Secretary of Budget and Fiscal Planning, ex
officio;
(d) The Secretary of Personnel, ex officio;
(e) The State Superintendent of Education, ex
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officio;
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(f) The Superintendent of State Police, ex officio;
(g) 2 trustees who are members or beneficiaries of
the Employees' Retirement System or the Pension System for
Employees of the State of Maryland, not more than 1 of whom may
be a beneficiary of either system, and neither of whom may be an
employee of the State Retirement Agency or the State Investment
Agency;
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