Joshua Gotbaum on Monday was named chairman of the Maryland Small Business Retirement Savings Program and Trust.
Mr. Gotbaum, a Brookings Institution guest scholar and former executive director of the Pension Benefit Guaranty Corp., served on the Commission on Maryland Retirement Security and Savings that led to that state’s Secure Choice program.
The mission of the board, which began meeting in November, is “to set up and implement a program that will enable the 1 million Marylanders who work but don’t have a retirement savings plan to access one,” Mr. Gotbaum said in an interview.
Other board members are state Treasurer Nancy K. Kopp; Kelly M. Schulz, state secretary of labor, licensing and regulation; Kathleen Kennedy Townsend, managing director of alternative investment manager The Rock Creek Group and founder of the Center for Retirement Initiatives at Georgetown University; ERISA lawyer Paul A. Green; Sarah Mysiewicz Gill, senior legislative representative at AARP; attorney and CPA Louis Hutt; Kathleen M. Davis, a CPA; financial adviser Marianne Mattran; and Maryland legislators Sen. Jim Rosapepe and Delegate Benjamin Brooks.
Ms. Kopp is chairwoman of the $45.5 billion Maryland State Retirement & Pension System, Baltimore.