Governance Charters & Policies

Charters

These documents define the Board of Trustees and its functions and responsibilities as overseers of the System.

Charter for the Board
Charter for the Chair
Charter for the Vice-Chair
Charter for the Investment Committee
Charter for the Administrative Committee
Charter for the Audit Committee
Charter for the Corporate Governance and Securities Litigation Committee
Charter for the Compensation and Staffing Committee
Charter for the Objective Criteria Committee
Charter for the Climate Advisory Panel
Charter for the Committee Chairs
Charter for the Executive Director
Charter for the Chief Investment Officer

Policies

These documents describe the manner in which the members of the Board of Trustees conduct themselves in their respective duties and the governance rules for the Board as a whole.

Introduction
Board Operations Policy
Board Communications Policy
Service Provider Selection Policy
Investment Committee Public Advisor Selection Policy
Monitoring Reporting, and Actuarial Audit Policy
Code of Conduct and Policy on Gifts and Travel
Executive Director Performance Evaluation Policy
Chief Investment Officer Performance Evaluation Policy
​Board Education Policy
Board Performance Evaluation Policy
Board Policy Development Process
Operational Planning Policy
Appendix 1: Modified “Robert’s Rules of Order”
Appendix 2: Routine Reports
Appendix 3: Maryland Public Ethics Law Concerning Gifts
Appendix 4: Specific Pension-Related Training Topics
Appendix 5: Trustee Reference Manual