§ 20-1408 Rulemaking.
AC § 20-1408
The board and the comptroller may each promulgate rules to implement the provisions of this chapter concerning their respective powers. a. Such rules may establish variations from the requirements otherwise established by this chapter in order to ensure that this program does not conflict with, and is not otherwise preempted by, state or federal law, including the employee retirement income security act of 1974, and to ensure that this program does not constitute an employee benefit plan under such act, provided that such variations are not inconsistent with the overall purpose and policy of this chapter. b. Such rules may include any provisions necessary to ensure exemption from the employee retirement income security act of 1974. (L.L. 2021/052, 5/11/2021, eff. 8/9/2021)
