(a) In each State system, there is:
(1) an accumulation fund;
(2) an annuity savings fund; and
(3) an expense fund.
(b) The Board of Trustees shall credit the assets of each State system to the appropriate fund of the State system according to the purpose for which the assets are held.
Structure Maryland Statutes
Title 21 - State Retirement and Pension System
Section 21-301 - Funds of Several Systems
Section 21-302 - State Guaranty
Section 21-303 - Accumulation Funds
Section 21-304 - Employer Contributions -- State
Section 21-305 - Employer Contributions -- Participating Governmental Units
Section 21-305.1 - Employer Contributions -- Normal Contributions
Section 21-305.2 - Employer Contributions -- Accrued Liability Contributions
Section 21-305.3 - Employer Contributions -- Special Accrued Liability Contributions
Section 21-305.4 - Employer Contributions -- Required Employer Contributions
Section 21-305.5 - Employer Contributions -- Withdrawal Liability Contribution
Section 21-305.6 - Employer Contributions -- Partial Withdrawal
Section 21-306 - Employer Contributions -- Local Fire and Police System
Section 21-306.1 - Employer Contributions -- Law Enforcement Officers' Pension System
Section 21-306.2 - Employer Contributions -- Correctional Officers' Retirement System
Section 21-307 - Employer Contributions -- Miscellaneous
Section 21-308 - Employer Contributions -- Payment by State
Section 21-309 - Employer Contributions -- Payment by Participating Governmental Unit
Section 21-309.1 - Employer Contributions -- Payment by Local Employers
Section 21-310 - Employer Contributions -- Payment by Maryland Environmental Service
Section 21-311 - Annuity Savings Funds
Section 21-312 - Member Contributions -- in General
Section 21-313 - Member Contributions -- Employer Pickup of Member Contributions
Section 21-314 - Member Contributions -- Duties of Participating Employers