§ 2-515.2. Participation of Board in Program

MD State Pers & Pens Code § 2-515.2 (2019) (N/A)
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(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.