(a) There is a salary reduction savings plan for eligible participants as allowed by § 401(k) of the Internal Revenue Code.
(b) The Board shall obtain approval from the Internal Revenue Service for the salary reduction savings plan.
§ 35-501
Md. Code, State Personnel and Pensions § 35-501, under Article — State Personnel and Pensions.
Md. Code, State Personnel and Pensions § 35-501