https://baltimore.legistar.com/Gateway.aspx?M=LD&From=RSS&ID=2603001&GUID=2AD06537-7316-413E-A834-C8CD89A592F3Legistar15https://baltimore.legistar.com/Gateway.aspx?M=LD&From=RSS&ID=2603001&GUID=2AD06537-7316-413E-A834-C8CD89A592F32AD06537-7316-413E-A834-C8CD89A592F3-2025-01-02-21-47-51Title: Employees' Retirement System and Elected Officials' Retirement System - Actuarial Assumptions; Benefit Payments - Clarifications and Modifications FOR the purpose of modifying the definitions of "employee", "regular interest" (for valuation purposes), and "actuarial equivalent"; changing the frequency of actuarial experience studies; clarifying the Board of Trustees' authority over System staff hiring and compensation; providing for distribution of accumulated contributions; changing eligibility for death benefits payable to surviving spouses and minor children; amending certain provisions to reflect current administrative practices; correcting, clarifying, and conforming related provisions; providing for a special effective date; and generally relating to the Employees' Retirement System and the Elected Officials' Retirement System.Thu, 02 Jan 2025 21:47:51 GMT