ROBERT L. EHRLICH, JR., Governor                             Ch. 403

(2) MAKE RECOMMENDATIONS AS TO THE APPROPRIATE LEVEL OF
RETIREMENT BENEFITS FOR INDIVIDUALS PARTICIPATING IN ANY OF THE STATE

SYSTEMS.

(G) THE REVIEW REQUIRED UNDER SUBSECTION (F) OF THIS SECTION SHALL
INCLUDE!

(1) FOR EACH STATE SYSTEM, A COMPARISON OF THE RETIREMENT
BENEFITS PROVIDED TO EMPLOYEES IN THE STATE AND EMPLOYEES IN OTHER
STATES;

(2) FOR EACH STATE SYSTEM, A COMPARISON OF ANY STATE OR LOCAL
RETIREE HEALTH BENEFITS PROVIDED TO EMPLOYEES IN THE STATE AND
EMPLOYEES IN OTHER STATES;

(3) FOR EACH STATE SYSTEM, A COMPARISON OF THE EMPLOYEE
CONTRIBUTION AMOUNT FOR RETIREMENT BENEFITS AND ANY STATE OR LOCAL
RETIREE HEALTH BENEFITS PROVIDED TO EMPLOYEES IN THE STATE AND
EMPLOYEES IN OTHER STATES;

(4) FOR EACH STATE SYSTEM, AN ANALYSIS OF THE TOTAL VALUE OF
THE RETIREMENT BENEFITS INCLUDING ANY RETIREE HEALTH BENEFITS AS
COMPARED TO THE VALUE OF RETIREMENT BENEFITS, INCLUDING HEALTH
BENEFITS IN OTHER STATES; AND

(5) FOR EACH STATE SYSTEM, AN ANALYSIS OF THE TOTAL EMPLOYEE
CONTRIBUTION AS A PERCENTAGE VALUE OF THE RETIREMENT BENEFITS AS
DETERMINED IN ITEM (4) OF THIS SUBSECTION.

(H) ON OR BEFORE DECEMBER 1, 3004, AND EVERY 3 YEARS THEREAFTER, THE
COMMISSION SHALL REPORT TO THE GOVERNOR, THE SECRETARY OF BUDGET AND
MANAGEMENT, AND THE GENERAL ASSEMBLY, IN ACCORDANCE WITH § 2-1246 OF
THE STATE GOVERNMENT ARTICLE, ON THE FINDINGS AND RECOMMENDATIONS OF
THE COMMISSION.

(I) IF THE GOVERNOR MAKES A DETERMINATION TO IMPLEMENT ANY
RECOMMENDATIONS OF THE COMMISSION, THE GOVERNOR SHALL INCLUDE IN THE
BUDGET FOR THE NEXT FISCAL YEAR THE FUNDING NECESSARY TO IMPLEMENT
THOSE RECOMMENDATIONS.

SECTION 2. AND BE IT FURTHER ENACTED, That the Laws of Maryland
read as follows:

Article - State Personnel and Pensions
21-104.

(a) The Board of Trustees consists of the following 14 trustees:

(1)     the Secretary of Budget and Management, ex officio;

(2)     the State Comptroller, ex officio:

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