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Session Laws, 1988
Volume 770, Page 4629   View pdf image
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WILLIAM DONALD SCHAEFER, Governor                   Ch. 698

(i) 2 trustees who are members or beneficiaries of
the State Police Retirement System of Maryland, not more than 1
of whom may be a beneficiary of the system;

(j) 1 trustee who shall represent the interests of

local governments participating in the Employees' Retirement

System and the Pension System for Employees of the State of
Maryland; and

(k) 2 trustees knowledgeable in the administration
and operation of pension systems and trust funds who shall
represent the interests of the general public and who are not
members of any of the several systems.

(2)  (a) Trustees who serve in an ex officio capacity shall
serve for the duration of their term in office and any extensions
thereof.

(b)  (i) Trustees who are members or beneficiaries of
the employees' and teachers' systems shall be elected by the
members and the beneficiaries of their respective systems for 4
year terms. Elections shall be conducted pursuant to rules and
regulations adopted by the Board of Trustees.

(ii) Trustees who are members but are not
beneficiaries of the employees' or teachers' systems at the time
of their election may not be prevented from completing their
terms of office if, during those terms, they become beneficiaries
of the system of which they were members at the time of election.

(iii) A trustee of either the employees' or
teachers' systems may not be reelected as a trustee of the same
system if, at the time the trustee becomes a beneficiary of the
system, the other trustee is already a beneficiary of that
system.

(c)  Trustees who are members or beneficiaries of the
State Police Retirement System shall be appointed by the Board of
Public Works for a 4 year term.

(d)  The trustee representing the interests of local
governments participating in the Employees' Retirement System and
the Pension System for Employees of the State of Maryland shall
be appointed by the Governor for a 4 year term.

(e)  Trustees representing the general public shall be
appointed by the Governor with the advice and consent of the
Senate for staggered 4 year terms.

(3)  If a vacancy occurs in the office of a trustee, the
vacancy shall be filled for the unexpired term in the same manner
as the office was previously filled.

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Session Laws, 1988
Volume 770, Page 4629   View pdf image
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