Md. Code, State Personnel and Pensions § 30-201
This is the official text of Md. Code, State Personnel and Pensions § 30-201, part of Maryland’s Code, State Personnel and Pensions — governs state employees and public pensions.
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§30–201.
Official statutory text
(a) There is an optional retirement program in which eligible employees may participate.
(b) Under the program, annuity contracts offered by a designated company that provide retirement and death benefits may be purchased for participating employees.
(c) (1) The Board of Trustees shall administer the program to the extent provided in this title.
(2) The State Retirement Agency shall carry out the administrative duties of the Board of Trustees.
(d) The program shall be offered by each employing institution.
(b) Under the program, annuity contracts offered by a designated company that provide retirement and death benefits may be purchased for participating employees.
(c) (1) The Board of Trustees shall administer the program to the extent provided in this title.
(2) The State Retirement Agency shall carry out the administrative duties of the Board of Trustees.
(d) The program shall be offered by each employing institution.
Status: in_force · Read it on the official government site
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