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Session Laws, 1986
Volume 768, Page 798   View pdf image
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798

LAWS OF MARYLAND

Ch. 173

Department of Human Resources as set forth in Article 41 of this
Code or elsewhere in the laws of Maryland-
Article 73B - Pensions
160.

(1)  There is created the Maryland State Retirement Agency,
an agency of the Board of Trustees responsible for carrying out
the administrative duties and business of the several systems,
with the exception of investments.

(2)  There shall be an executive director for administration
who shall be in charge of the State Retirement Agency and shall
have the functions and duties as may be delegated to him by the
Board of Trustees. The executive director for administration
shall be appointed by the Board of Trustees and shall serve at
the pleasure of the Board. [He shall receive the compensation
provided in the budget.]

(3)  The executive director for administration shall appoint
the employees as are provided for in the budget. The staff shall
be classified employees subject to the provisions of Article 64A,
except for employees holding positions that are designated by the
executive director, with the approval of the Board of Trustees,
as professional or technical positions that involve specialized
skill, education, and knowledge, and whose labor is predominantly
intellectual rather than physical or manual. [The compensation
of any unclassified employees shall be determined by the Board of
Trustees, with the approval of the Board of Public Works.]

(4)  The Board of Trustees shall be responsible for the
budget of the State retirement agency. The executive director
for administration shall compile annually a comprehensive budget
for submission to the Board of Trustees.

(5)  All expenses in connection with the administration and
operation of the State Retirement Agency shall be paid from the
income or assets of the funds of the several systems. Each of
the several systems shall be charged its pro rata share of the
expenses of administration and operation. Expenditures shall be
in accordance with appropriations made by the General Assembly.

(6)  (a) The State Retirement Agency may provide benefit
determination data and other technical assistance on the written
request of a participating municipal corporation that desires to
establish a separate additional program of interim or
supplemental allowances for a class or classes of its officers
and employees as authorized in paragraph (c) of this subsection.

(b) The State Retirement Agency shall charge any
municipal corporation making a request under paragraph (a) of
this subsection for the expenses incurred in connection with the
preparation of the data and the provision of the technical
assistance.

 

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Session Laws, 1986
Volume 768, Page 798   View pdf image
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