Maryland Statutes
Division III - Other Retirement and Pension Provisions
Title 35 - Supplemental Retirement Plans

Subtitle 1 - Definitions

Section 35-101 - Definitions - (a) In this title the following words have the meanings...

Section 35-102 - Effects of Plans - (a) The supplemental retirement plans are in addition to any...

Subtitle 2 - Board of Trustees

Section 35-201 - Board Established - There is a Board of Trustees of the Maryland Teachers...

Section 35-202 - Membership - (a) (1) The Board consists of nine members appointed by...

Section 35-203 - Chairman - The Governor shall appoint a chairman from among the members...

Section 35-204 - Meetings; Expenses; Staff - (a) The Board shall meet at least quarterly at the...

Section 35-205 - Duties of the Board - (a) The Board shall: (1) implement, maintain, and administer the...

Subtitle 3 - Fiduciaries and Investments

Section 35-301 - Fiduciary - (a) In this section, “fiduciary” means a person with discretionary...

Section 35-302 - Restrictions on Investments - (a) Assets of the supplemental retirement plans may be deposited...

Subtitle 4 - Tax Sheltered Annuity Plan

Section 35-401 - Tax Sheltered Annuity Plan Generally - There is a tax sheltered annuity plan for eligible participants...

Section 35-402 - Participants in Plan - An individual is eligible to participate in the tax sheltered...

Section 35-403 - Contributions - Subject to the conditions that the Board may set and...

Section 35-404 - Effect on Other Plans - This section does not prohibit a county board of education...

Subtitle 5 - Salary Reduction Savings Plan

Section 35-501 - Salary Reduction Savings Plan Generally - (a) There is a salary reduction savings plan for eligible...

Section 35-502 - Participants in Plan - An individual is eligible to participate in the salary reduction...

Subtitle 6 - Deferred Compensation Plan

Section 35-601 - Deferred Compensation Plan Generally - There is a deferred compensation plan for eligible participants as...

Section 35-602 - Participants in Plan - An individual is eligible to participate in the deferred compensation...

Subtitle 7 - Defined Contribution Plan

Section 35-701 - Established - There is a Defined Contribution Plan for eligible participants as...

Section 35-702 - Eligibility - An individual is eligible to participate in the Defined Contribution...