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<section article="gsp" article_name="State Personnel and Pensions" number="21-201" title_number="21" title_name="State Retirement and Pension System" subtitle_number="2" subtitle_name="Fiduciary Responsibilities">
  <level label="a">
    <text>In this subtitle the following words have the meanings indicated.</text>
  </level>
  <level label="b">
    <text>“Fiduciary” means:</text>
    <level label="1">
      <text>a member of the Board of Trustees;</text>
    </level>
    <level label="2">
      <text>a member of the Investment Committee;</text>
    </level>
    <level label="3">
      <text>a member of a committee established by the Board of Trustees as authorized under § 21–108 of this title;</text>
    </level>
    <level label="4">
      <text>a member of a committee established under § 21–122(g) of this title; or</text>
    </level>
    <level label="5">
      <text>an employee of the State Retirement Agency who exercises any discretionary authority or control over:</text>
      <level label="i">
        <text>the management or administration of the several systems; or</text>
      </level>
      <level label="ii">
        <text>the management or disposition of the assets of the several systems.</text>
      </level>
    </level>
  </level>
  <level label="c">
    <text>“Several systems” includes the optional retirement program to the extent that the Board of Trustees administers the program under Title 30 of this article.</text>
  </level>
</section>
