(a) Except for the State supplemental plans that are authorized by employing institutions
as defined in § 30-101 of this article, the Supplemental Board shall adopt, implement, and maintain the
specific qualified plans that are part of the Optional Defined Contribution System.
(b)(1) Except as provided in paragraph (2) of this subsection, the Supplemental Board
shall adopt regulations to carry out this title.
(2) The Supplemental Board is not required to adopt regulations to adopt or amend
the plans under the Optional Defined Contribution System.
(c) A participating employee's interest in the plans under the Optional Defined Contribution
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