858

LAWS OF MARYLAND

Ch. 255

master, subject to the benefits and limitations of paragraphs
[(1) through (9)] (1) THROUGH (8) of subsection (m) of this
section.

60.

(a) Every judge of the Municipal Court of Baltimore City
who is retired from active service or is in office on June 30,
1970, and every appointed judge in office on June 30, 1970, if
subsequently elected, including a judge who was continued in
office as a judge of the District Court pursuant to Article IV,
[§ 41-I(g)] § 41-I(A) of the Constitution, may elect Plan A and
thereby be paid, after the termination of his active service, if
he is then at least sixty years of age or when he becomes sixty
years of age, a pension or salary calculated at the rate of six
hundred dollars ($600.00) per annum for each year or any part
thereof of active service as a judge of said Municipal Court, and
of the District Court, up to and including twenty years of such
active service, so that a maximum pension or salary for such
service payable hereunder to any one person shall not exceed the
sum of twelve thousand dollars ($12,000.00) per annum.

72.

For the purposes of this subtitle:

(6) The term "plan" means the Employees' Retirement
System, the Teachers' Retirement System, the State Police
Retirement System, the Employees' Pension System, and the
Teachers' Pension System, including any system or [subsystems]
SUBSYSTEM of these systems, or any system administered by the
board of trustees of the plans.

76.

A fiduciary in exercising his authority, control, or
discretion with respect to a plan, in addition to compliance with
[§ 13(5) or § 88(5) of this article and § 55(5) of Article 88B] §
13(4) OR § 88(4) OF THIS ARTICLE AND § 55(4) OF ARTICLE 88B,
shall not:

(1)  Deal with the assets of the plan in his own
interest or for his own account;

(2)   In his individual or in any other capacity act in
any transaction involving the plan on behalf of a party (or
represent a party) whose interests are adverse to the interests
of the plan or the interests of its participants or
beneficiaries; or

(3)  Receive any consideration for his own personal
account from any party dealing with a plan in connection with a
transaction involving the assets of the plan.

78.