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Session Laws, 1987
Volume 769, Page 3839   View pdf image
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WILLIAM DONALD SCHAEFER, Governor

Order. In order to avoid the cost of Court Orders to
the employee and the State, the State will also honor
voluntary deductions for dependency support when the
employee enters into an agreement with a support
enforcement agent of the Department of Human Resources
and it is within the capacity of the Payroll Center to
process the deduction.

Deferred Compensation

The Maryland State Employees Deferred Compensation
Program is administered by a Board of Trustees and
includes a variety of options, including a Savings
Account, Fixed Annuity, Variable Annuity, Mutual Fund
and Life Insurance. Deductions are initiated, changed
or cancelled through the Plan Administrator, currently
the Public Employees Benefit Services Corporation.

State Employees Credit Union

The State encourages savings by its employees, making
available deduction for the Credit Union chartered to
serve its employees, retirees and their dependents.
Deductions are initiated, changed or cancelled through
the State Employees Credit Union.

United Charity Campaign of Maryland State Employees and
Retirees

The State sponsors a single annual United Charity
Campaign and makes payroll deduction available for this
purpose. The deduction for each annual contribution is
made available under the following conditions:

(1)  The annual contribution is to be deducted over a
term of one year beginning with the first pay period
which begins in January or the initial date of
employment, if later, and ending with the last pay
period which begins in December.

(2)  An equal amount is to be deducted each pay
period.

(3)  The employee may not change the amount deducted
each pay period during the one year life of the
deduction.

(4)  The employee shall be informed of these
restrictions before the deduction is requested.

(5)  The employee may voluntarily discontinue the
deduction at any time, but a discontinued deduction may
not be reinstated.

3839

 

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Session Laws, 1987
Volume 769, Page 3839   View pdf image
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