Maryland Statutes
Title 21 - State Retirement and Pension System
Subtitle 1 - Administration

Section 21-101 - System Established; Purpose; Status - (a) There is a State Retirement and Pension System. (b)...

Section 21-102 - Composition of System - The State Retirement and Pension System consists of: (1) the...

Section 21-103 - Board of Trustees -- Established - There is a Board of Trustees for the State Retirement...

Section 21-104 - Board of Trustees -- Membership - (a) The Board of Trustees consists of the following 15...

Section 21-105 - Board of Trustees -- Officers - The Board of Trustees shall: (1) elect a chairman annually...

Section 21-106 - Board of Trustees -- Quorum; Meetings; Expenses - (a) Each trustee is entitled to one vote on the...

Section 21-107 - Board of Trustees -- Legal Adviser - The Attorney General is the legal adviser of the Board...

Section 21-108 - Board of Trustees -- Miscellaneous Powers and Duties - (a) (1) The responsibility for the management, general administration, and...

Section 21-109 - Board of Trustees -- Budget - The Board of Trustees shall submit the budget for the...

Section 21-110 - Board of Trustees -- Regulations - (a) The Board of Trustees shall adopt regulations providing for:...

Section 21-111 - Board of Trustees -- Administration and Enforcement; Hearings - (a) (1) As the Board of Trustees considers necessary to...

Section 21-112 - Board of Trustees -- Annual Report and Statement - Each year the Board of Trustees shall: (1) publish a...

Section 21-113 - Board of Trustees -- Correction of Errors in Benefits; Recovery of Improper Payments - (a) Except as provided in § 29–409 of this article,...

Section 21-114 - Investment Committee -- Established - There is an Investment Committee of the Board of Trustees.

Section 21-115 - Investment Committee -- Membership - (a) The Board of Trustees shall: (1) specify by resolution...

Section 21-116 - Investment Committee -- Powers - (a) By resolution, the Board of Trustees shall specify the...

Section 21-117 - State Retirement Agency -- Established - (a) There is a State Retirement Agency. (b) The State...

Section 21-118 - State Retirement Agency -- Executive Director - (a) (1) The Board of Trustees shall appoint the Executive...

Section 21-118.1 - Chief Investment Officer - (a) Notwithstanding any other provision of law, on the recommendation...

Section 21-119 - State Retirement Agency -- Powers and Duties - The State Retirement Agency shall carry out the administrative duties...

Section 21-120 - State Retirement Agency -- Annual Report - (a) On or before December 15 of each year, the...

Section 21-121 - State Retirement Agency -- Audit of Benefit Payments; Correction of Records; Payment of Amounts Owed - (a) The State Retirement Agency may at any time examine...

Section 21-122 - Investment Division - (a) (1) There is an Investment Division in the State...

Section 21-123 - Management of Funds - (a) Except for those assets that the law requires another...

Section 21-123.1 - Divestiture From Iran and Sudan - (a) (1) In this subtitle the following words have the...

Section 21-123.2 - Private Equity and Venture Capital Investments - (a) (1) In this section the following words have the...

Section 21-124 - State Treasurer - (a) (1) The State Treasurer is the custodian of: (i)...

Section 21-125 - Actuary - (a) The Board of Trustees shall designate an actuary who...

Section 21-126 - Medical Boards; Other Physicians - (a) The Board of Trustees shall establish one or more...

Section 21-128 - Retiree Information for Direct Mailings - (a) In this section, “retiree organization” means an organization in...