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Session Laws, 2004
Volume 801, Page 2167   View pdf image
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ROBERT L. EHRLICH, JR., Governor                             Ch. 466

Article - State Personnel and Pensions

21-102.

The State Retirement and Pension System consists of:

(1) the Correctional Officers' Retirement System, established on July 1,

1974;

2, 1990;

(2)     the Employees' Pension System, established on January 1, 1980;

(3)     the Employees' Retirement System, established on October 1, 1941;

(4)     the Judges' Retirement System, which consists of:

(i) the contributory plan, established on July 1, 1969; and
(ii) the noncontributory plan, established on April 7, 1904;

(5)     the Legislative Pension Plan;

(6)     the Local Fire and Police System, established on July 1, 1989;

(7)     the Law Enforcement Officers' Pension System, established on July

(8)     the State Police Retirement System, established on July 1, 1949;

(9)     the Teachers' Pension System, established on January 1, 1980;

(10)   the Teachers' Retirement System, established on August 1, 1927;

[and]

(11) THE POSTRETIREMENT HEALTH FUNDING SYSTEM, ESTABLISHED
ON JULY 1, 2004; AND

[(11)] (12) any other system or subsystem that the Board of Trustees
administers.

21-123.

(e) (1) The Board of Trustees may commingle assets of the several systems.
INCLUDING THE POSTRETIREMENT HEALTH BENEFITS TRUST FUND, if the Board of
Trustees keeps [six] SEVEN sets of records that show:

(i) the percentage of participation of each State system or group of
State systems, INCLUDING THE POSTRETIREMENT HEALTH BENEFITS TRUST FUND;

(ii) the percentage of income, gains, and losses applicable to each
State system or group of State systems. INCLUDING THE POSTRETIREMENT HEALTH
BENEFITS TRUST FUND; and

(iii) the total contributions and disbursements applicable to each
State system or group of State systems. INCLUDING THE POSTRETIREMENT HEALTH
BENEFITS TRUST FUND.

- 2167 -

 

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Session Laws, 2004
Volume 801, Page 2167   View pdf image
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