Maryland State Retirement and Pension System Board of Trustees Minutes Of Open Session
The board conducted elections for officers, including the Chair, Vice Chair, and Secretary. Reports were received from the Administrative, Compensation and Staffing, Corporate Governance and Securities Litigation, and Investment Committees, covering topics such as employer pick-up program participation, incentive compensation criteria, Investment Division staffing, and private credit portfolio reviews. The Chief Investment Officer reported on fund performance and assets, while the Executive Director provided updates on agency initiatives. Furthermore, the board acted on Medical Board reports, earnings limitation recovery, and disability offset reports.