The Montgomery County Public Schools (MCPS) DCIC is responsible for developing and maintaining the investment menu for the voluntary retirement savings plans: the 403(b) and 457(b) plans. Major responsibilities of the DCIC include:
The DCIC consists of seven members. The associate superintendent of finance is an ex officio member of the committee. Each of the associations, SEIU Local 500, MCEA, and MCAAP/MCBOA, recommend one person to serve on the committee. The remaining three members are from the community with professional backgrounds in investing. The Board of Education appoints members for three-year terms.
The DCIC meets four times a year. Generally, three of the meetings are via teleconference/videoconference and one meeting is in person. The meetings are from 1:00 p.m. to 3:00 p.m. unless otherwise noted.
Contact the Division of Investments if you would like dial-in instructions for a DCIC meeting being held by teleconference or videoconference.
Please be advised that part of each meeting may be held in closed session in accordance with Maryland's Open Meetings Act.