Maryland Code, STATE PERSONNEL AND PENSIONS 2-515.2
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Terms Used In Maryland Code, STATE PERSONNEL AND PENSIONS 2-515.2
(a) The Maryland Small Business Retirement Savings Board may enroll and participate in the Program as a satellite organization.
(b) The Board shall:
(1) pay to the State the total costs resulting from the participation of its employees in the Program and a monthly administrative fee determined by the Secretary; and
(2) determine the extent to which the Board will subsidize participation of its employees in the Program.