government code 815


815.406. / Section 815.3. 44; October 30, 2020. 815.210. Terms used in this section have the meanings assigned by the Internal Revenue Code of 1986 (Title 26, United States Code). 25.201 by Acts 1989, 71st Leg., ch. government code. Acts 2019, 86th Leg., R.S., Ch. Sept. 1, 1985; Acts 1985, 69th Leg., ch. 25.202 and amended by Acts 1989, 71st Leg., ch. 179, Sec. 25.403 and amended by Acts 1989, 71st Leg., ch. (a) Each trustee is entitled to one vote. Sept. 1, 1985. 1, eff. 25.402 by Acts 1989, 71st Leg., ch. (a) The board of trustees shall compensate all persons whom it employs and shall pay all expenses necessary to operate the retirement system at rates and in amounts approved by the board. 22, eff. 796, Sec. The plaintiff shall prosecute with reasonable diligence any suit brought under Section 815.511(f). 815.5092. Sept. 1, 1993. (a) The executive director or the executive director's designee shall develop an intra-agency career ladder program. IV - States' Relations 791, Sec. The code of ethics must contain standards of ethical conduct and disclosure requirements applicable to the members of the board of trustees and employees of the retirement system in the administration of this subtitle. 74 (S.B. Sec. - 818.9.] (a) The board of trustees may, under the investment duties delegated to the board by Section 67, Article XVI, Texas Constitution, establish an investment advisory committee as the board considers necessary to assist the board in its investment duties. 453, Sec. 251, Sec. 586, Sec. Section 815. Sept. 1, 1993. 179, Sec. Sept. 1, 1981. (a) The state shall pick up the employee contribution required of each of its employees by Section 815.402 for all compensation earned after December 31, 1987. Code, § 815 (a).) Sept. 1, 1999; Acts 2003, 78th Leg., ch. (e) The board of trustees shall develop written investment objectives concerning the investment of assets of the retirement system. Sept. 1, 1989. 791, Sec. If the total of the estimated required payments is not equal to the total of the actual payments required for a fiscal year, the retirement system shall certify to the state comptroller of public accounts at the end of that year the amount required for necessary adjustments, and the comptroller shall make the required adjustments. 16, eff. 179, Sec. Renumbered from Vernon's Ann.Civ.St. 2559), Sec. (g) A person elected to the board as provided by this section is required to serve on the board. 16, eff. ACTUARY. 618 (S.B. Sept. 1, 1993. Sec. (b) The retirement system shall use the money in the account to pay annuities as provided by this subtitle. Acts 1981, 67th Leg., p. 1876, ch. Added by Acts 2013, 83rd Leg., R.S., Ch. INVESTMENT OF ASSETS. 301), Sec. Acts 1981, 67th Leg., p. 1876, ch. Sec. May 25, 1989. (b) To be eligible to serve as an elected member of the board, a person must be a member of the retirement system and must hold a position that: (1) is included in the employee class of membership; and. Amended by Acts 1993, 73rd Leg., ch. Sec. 815.317. (b) The retirement system shall pay from the expense account administration and maintenance expenses of the retirement system except those expenses the payment of which is provided for by Section 815.208(c) or 815.317(b). Code § 815.2. 1, eff. 1, eff. 453, Sec. 25.001 by Acts 1989, 71st Leg., ch. (d) If a member's account is closed before the last day of the fiscal year, interest is computed for the following period: (1) if the account is closed because of death, from the first day of the fiscal year through the last day of the month that preceded the month in which the member's death occurred; (2) if the account is closed by withdrawal of contributions, from the first day of the fiscal year through the last day of the month that precedes the month in which the withdrawal request is validated by the retirement system; or. 815.319. USE OF FEDERAL MONEY. 1, eff. 25.304 by Acts 1989, 71st Leg., ch. Title 110B, Sec. (a) The board shall provide to its trustees and employees, as often as necessary, information regarding their qualification for office or employment under this chapter and their responsibilities under applicable laws relating to standards of conduct for state officers or employees. (e) Certified records shall be furnished to any person who is authorized by law to receive them. 1, eff. Sept. 1, 1989. NOMINEE TO HOLD SECURITIES. (2) provides for the preservation, examination, and use of the reproduction. Sept. 1, 1981. Acts 1981, 67th Leg., p. 1876, ch. Aug. 26, 1991. (g) The board of trustees may adopt rules necessary to implement this section. Sept. 1, 1989. Iowa Legislative Information System: Iowa Code 2001: Section 815.1. In it, the California Supreme Court holds that a claim against a public entity for negligent hiring, training, and supervision is legally tenable under Government Code section 815.2. § 815.4 A public entity is liable for injury proximately caused by a tortious act or omission of an independent contractor of the public entity to the same extent that the public entity would be subject to such liability if it were a private person. 25.315 and amended by Acts 1989, 71st Leg., ch. 1, eff. Sept. 1, 1989. 179, Sec. 27, eff. 1, eff. (a) It is intended that the provisions of this subtitle be construed and administered in a manner that the retirement system's benefit plan will be considered a qualified plan under Section 401(a) of the Internal Revenue Code of 1986 (26 U.S.C. Those rates and amounts may not exceed those paid for the same or similar service for the state. Renumbered from Vernon's Ann.Civ.St. Amended by Acts 1995, 74th Leg., ch. The retirement system may release the records to an administering firm, carrier, or agent or attorney acting on behalf of the retirement system, to another governmental entity having a legitimate need for the information to perform the purposes of the retirement system, or to a party in response to a subpoena issued under applicable law. 1, eff. 26, 27, eff. DISPOSITION OF UNCLAIMED CONTRIBUTIONS OF FORMER MEMBERS. (c) The legislative audit committee may determine the frequency of the audits authorized by this section and may determine the programs and operations to be covered by the audits. 167, Sec. 179, Sec. 77, Sec. 11.06(c), (g), eff. (2) an amount computed at a greater rate if the actuary recommends the greater rate to finance adequately the annuities payable from the retirement annuity reserve account. September 1, 2009. Sept. 1, 1995; Acts 1995, 74th Leg., ch. (b) To facilitate the making of deductions, the board of trustees may modify a member's required deductions by an amount that does not exceed one-tenth of one percent of the annual compensation on which the deduction is made. 815.510. 1, eff. 815.106. 45(3), eff. Aug. 26, 1991; Acts 1997, 75th Leg., ch. Sec. Sec. Renumbered from Vernon's Ann.Civ.St. Terms Used In California Government Code 815.3. (e) The board of trustees may adopt rules necessary to implement this section. 1, eff. Aug. 28, 1995. Added by Acts 1981, 67th Leg., p. 1876, ch. Sept. 1, 1981. 1459), Sec. Sept. 1, 1997. (Added by Stats. 1, eff. Title 110B, Sec. 815.314. 2, eff. PRESIDING OFFICER. September 1, 2013. Acts 1981, 67th Leg., p. 1876, ch. Reenacted by Acts 2009, 81st Leg., R.S., Ch. Acts 1981, 67th Leg., p. 1876, ch. 12, eff. Added by Acts 1995, 74th Leg., ch. INELIGIBILITY FOR MEMBERSHIP ON ADVISORY COMMITTEE ON INVESTMENTS. 734 (H.B. The remedies provided under this chapter are the exclusive remedies available to a member, retiree, beneficiary, or alternate payee. Amended by Acts 1999, 76th Leg., ch. Employee contributions picked up by the state and credited to the employee's account shall be treated for all other purposes as if the amount were a part of the member's compensation and had been deducted pursuant to Section 815.403(a). Sept. 1, 1993. Sept. 1, 1989. 1, eff. 530 (S.B. (b) A person appointed to serve as a member of an advisory committee established by the board of trustees to provide advice to the board on investments and investment-related issues must be: (1) a person with expertise in the management of a financial institution or other business in which investment decisions are made; or. Renumbered from Vernon's Ann.Civ.St. USE OF ALTERNATIVE RULEMAKING AND DISPUTE RESOLUTION. (a) Except as provided by Section 815.302 or 815.303, the comptroller is the custodian of the securities, bonds, and funds of the retirement system. 2020 California Rules of Court. 453, Sec. Sept. 1, 2003. Amended by Acts 1985, 69th Leg., ch. 1459), Sec. 25.3013 by Acts 1989, 71st Leg., ch. The payment of compensation less those deductions is a complete release of all claims, except benefits provided by this subtitle, for services rendered by the member during the payment period. Amended by Acts 1985, 69th Leg., ch. TITLE 1. (d) For the purposes of this section, a Texas trade association is a nonprofit, cooperative, and voluntarily joined association of business or professional competitors in this state designed to assist its members and its industry or profession in dealing with mutual business or professional problems and in promoting their common interest. 26, eff. Sept. 1, 1981. Renumbered from Vernon's Ann.Civ.St. 815.506. government code. IS-815: ABCs of Temporary Emergency Power. June 19, 1987. 791, Sec. Sec. Acts 1981, 67th Leg., p. 1876, ch. (c) Subject to Section 815.3016, the board of trustees may contract with private professional investment managers to assist the board in investing the assets of the retirement system. (a) The board of trustees shall at least annually review the eligibility status of members serving on an advisory committee established to provide advice to the board on investments and investment-related issues. Renumbered from Vernon's Ann.Civ.St. 25.204 by Acts 1989, 71st Leg., ch. The board of trustees may delegate its authority under this subsection to the executive director, and the executive director may delegate the authority to another employee of the retirement system. Acts 1981, 67th Leg., p. 1876, ch. 453, Sec. 134. ) Except as otherwise provided by this section, the board has the same rights, duties, and responsibilities concerning the excess benefit arrangement as it has to the trust fund. A physician who is eligible to participate in the retirement system may not be a member of the medical board. (e) Notwithstanding Subsections (c) and (d), the retirement system and a person aggrieved by a decision of the system may at any time informally negotiate an award of benefits. (d) Appointments to the board shall be made without regard to the race, color, disability, sex, religion, age, or national origin of the appointees. 1541, Sec. Number Comments; 815-254-1007: 0: 815-254 … Title 110B, Sec. Title 110B, Sec. (d) No later than 30 days after the legislative audit committee receives an audit report, the committee shall file a copy of the report with the retirement system, the governor, the lieutenant governor, the speaker of the house of representatives, the State Pension Review Board, the state auditor, and the secretary of state for publication in the Texas Register. 453, Sec. Sept. 1, 1989. (b) To be eligible to lend securities under this section, a bank or brokerage firm must: (1) be experienced in the operation of a fully secured securities loan program; (2) maintain adequate capital in the prudent judgment of the retirement system to assure the safety of the securities; (3) execute an indemnification agreement satisfactory in form and content to the retirement system fully indemnifying the retirement system against loss resulting from borrower default in its operation of a securities loan program for the system's securities; and. The board of trustees may employ physicians in addition to the medical board to report on special cases. September 1, 2013. 4, eff. 8.45, eff. Regs. 179, Sec. Except as otherwise provided by statute: (a) A public entity is not liable for an injury, whether such injury arises out of an act or omission of the public entity or a public employee or any other person. 91, Sec. Title 110B, Sec. 25.107 by Acts 1989, 71st Leg., ch. 27, eff. The board of trustees of the Employees Retirement System of Texas is subject to review under Chapter 325 (Texas Sunset Act), but is not abolished under that chapter. If an error in the records of the retirement system results in a person receiving more or less money than the person is entitled to receive under this subtitle, the retirement system shall correct the error in accordance with Section 802.1024 and so far as practicable shall adjust future payments so that the actuarial equivalent of the benefit to which the person is entitled is paid. 791, Sec. Not later than the 30th day after the date the retirement system receives a statement of audit costs paid by the state auditor under this subsection, the retirement system shall reimburse the state auditor for the costs from money in the expense account. 20, eff. Sept. 1, 1997; Acts 2003, 78th Leg., ch. Amended by Acts 1993, 73rd Leg., ch. 1664), Sec. 20, eff. 179, Sec. 1, eff. 815.509. (c) If the executive director or a member of the advisory committee has knowledge that a potential ground for removal exists, the executive director or committee member shall notify the presiding officer of the board of trustees of the potential ground for removal. 29, eff. 1, eff. 453, Sec. 1, eff. Aug. 28, 1995; Acts 1999, 76th Leg., ch. California Code, Government Code - GOV § 835. 1308 (H.B. (f) The board of trustees may adopt rules governing the excess benefit arrangement that are necessary for the efficient administration of the arrangement in compliance with Section 415(m) of the Internal Revenue Code of 1986 (26 U.S.C. Added by Acts 2009, 81st Leg., R.S., Ch. September 1, 2017. Sept. 1, 2001; Acts 2003, 78th Leg., ch. Added by Acts 1987, 70th Leg., ch. Sept. 1, 1981. Renumbered from Vernon's Ann.Civ.St. 1, eff. September 1, 2005. (b) Appointed trustees hold office for staggered terms of six years, with the term of one trustee expiring on August 31 of each even-numbered year. 6, eff. 179, Sec. (a) The executive director may cause an action for interpleader concerning a claim to be filed on behalf of the retirement system in a district court in Travis County to protect the system from double or multiple liability if the executive director determines that a claim may expose the retirement system to such liability. 25.504 and amended by Acts 1989, 71st Leg., ch. (c) Before the 11th day after the day on which an appointment is made, the person appointed to the board shall subscribe to the constitutional oath and the oath of office provided by Section 815.004. (c) A person appointed to serve as a member of a committee described by Subsection (b) shall assist the board of trustees in carrying out the board's fiduciary duties with regard to the investment of the assets of the retirement system and related duties under this chapter and Chapter 609. One bill affected this section. The statutes available on this website are current through the 86th Legislature, 2019. Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account. (b) A paid officer, employee, or consultant of a Texas trade association in the field of insurance or investment may not be a trustee or an employee of the retirement system who is exempt from the state's position classification plan or is compensated at or above the amount prescribed by the General Appropriations Act for step 1, salary group 17, of the position classification salary schedule. COLLECTION OF STATE RETIREMENT CONTRIBUTION. 4, eff. 2, eff. SUBCHAPTER E. COLLECTION OF MEMBERSHIP FEES AND CONTRIBUTIONS. In addition, even if the employees who failed to discharge the mandatory duty are immune from personal liability, the employing entity may still be liable under Gover nment Code section 815.6. Government Code - GOV Section 815. 8.50, eff. (d) The retirement system may require a person to provide the person's social security number as the system considers necessary to ensure the proper administration of all services, benefits, plans, and programs under the retirement system's administration, oversight, or participation, or as otherwise required by state or federal law. January 1, 2022. Renumbered from Vernon's Ann.Civ.St. You are here: California / Government Code - GOV / ARTICLE 2. (d) The board of trustees may in its sole discretion make a final decision on a contested case under this section. 91, Sec. 25.406 and amended by Acts 1989, 71st Leg., ch. GENERAL ADMINISTRATION. Sept. 1, 1981. ; Written: includes any representation of words, letters, symbols, or figures.See Texas Government Code 311.005 A contributing member shall pay the fee with the member's first contribution to the retirement system in each fiscal year in the manner provided by Section 815.402 for payment of the member's contribution to the retirement system. Title 110B, Sec. Added by Acts 1993, 73rd Leg., ch. 4.05(a), eff. 251, Sec. September 1, 2005. 25.401 and amended by Acts 1989, 71st Leg., ch. (b) The retirement system also shall deposit in the state accumulation account the interest portion of the following deposits made by members: (1) deposits required to reinstate service previously canceled; (2) deposits required to establish service credit not previously established; and. 1541, Sec. California Government Code Section 815.4. Title 110B, Sec. (3) the investment performance of the trust fund utilizing accepted industry measurement standards. DESIGNATION OF AUTHORITY TO SIGN VOUCHERS. 1, eff. Sept. 1, 1993. 179, Sec. Amended by Acts 1993, 73rd Leg., ch. 25.207 and amended by Acts 1989, 71st Leg., ch. Sept. 1, 1981. Sept. 1, 1981. 453, Sec. MISCELLANEOUS BOARD DUTIES. 815.212. Read this complete California Code, Government Code - GOV § 815 on Westlaw FindLaw Codes are provided courtesy of Thomson Reuters Westlaw, the industry-leading online legal research system . Sec. (2) The geographic area over which the court has authority to decide cases. Amended by Acts 1981, 67th Leg., 1st C.S., p. 201, ch. 25.3061 by Acts 1989, 71st Leg., ch. Title 110B, Sec. 91, Sec. DIVISION 3.6. Amended by Acts 1997, 75th Leg., ch. 16, eff. Sept. 1, 2001. Aug. 28, 1989. Compiled August, 2012. Sec. (b) Interest on money in an individual account in the employees saving account is earned monthly and is computed at the rate of two percent a year on the mean balance of the member's account for the fiscal year. 453, Sec. (f) Subject to Section 815.3016, the board of trustees may specifically delegate any right, power, or duty imposed or conferred on the executive director by law to another employee of the retirement system. Amended by Acts 1989, 71st Leg., ch. (2) from the state accumulation account to the retirement annuity reserve account, an amount equal to the difference between the total reserve at present worth reserve value of the member's retirement annuity and the amount credited to the member's individual account as of the day of retirement. Sept. 1, 1989. Sept. 1, 1989. Added by Acts 1991, 72nd Leg., ch. Amended by Acts 1993, 73rd Leg., ch. Sept. 1, 2001; Acts 2003, 78th Leg., ch. Sec. Title 110B, Sec. Sec. The court also holds that the plaintiff need not identify at the pleading stage the … US Tax Court TRANSFER OF ASSETS FROM INTEREST ACCOUNT. Renumbered from Vernon's Ann.Civ.St. 111, eff. Added by Acts 2017, 85th Leg., R.S., Ch. Sept. 1, 1989. Sept. 1, 1981. 453, Sec. Aug. 28, 1995. (a) The board of trustees, by a majority vote of all members, shall appoint a person other than a member of the board to serve at the board's will as executive director. 2559), Sec. Sec. 1, eff. 24, eff. Sept. 1, 1981. 453, Sec. COMPENSATION; EXPENSES. 6, eff. 77, Sec. Acts 2009, 81st Leg., R.S., Ch. Except as otherwise provided by statute: (a) A public entity is not liable for an injury, whether such injury arises out of an act or omission of the public entity or a public employee or any other person. 850, Sec. 688, Sec. 1, eff. 453, Sec. Acts 1981, 67th Leg., p. 1876, ch. 453, Sec. EXPENSE ACCOUNT. 28, eff. 815.203. 1111, Sec. For purposes of subparagraph (B) of paragraph (1), stock owned, directly or indirectly, by or for a foreign corporation, foreign partnership, or foreign trust or foreign estate (within the meaning of section 7701(a)(31)) shall be considered as being owned proportionately by its shareholders, partners, or beneficiaries. Section 201 et seq. 301), Sec. Title 110B, Sec. COLLECTION OF MEMBER CONTRIBUTIONS. 25.305 by Acts 1989, 71st Leg., ch. 23, eff. 12, eff. Code § 815.6. Area code 815 is a telephone area code for most of northern Illinois outside the Chicago and Quad Cities areas. Aug. 29, 1983; Acts 1983, 68th Leg., p. 5100, ch. Aug. 29, 1983; Acts 1985, 69th Leg., ch. ; California Legislative Information. Sept. 1, 1981. (c) Employee contributions picked up as provided by Subsection (a) shall be transmitted to the retirement system in the manner required by Section 815.402. 1111, Sec. Jan. 1, 2004. Sept. 1, 1981. 815.313. Renumbered from Vernon's Ann.Civ.St. chapter 825. administration. 263 (S.B. Sec. 3, eff. Government Code Section 815. 16, eff. SUBCHAPTER F. MISCELLANEOUS ADMINISTRATIVE PROCEDURES. 25.317 and amended by Acts 1989, 71st Leg., ch. INELIGIBILITY FOR BOARD AND OF CERTAIN EMPLOYEES. Liability of Public Entities [815. Renumbered from Vernon's Ann.Civ.St. Sept. 1, 1989. Added by Acts 2017, 85th Leg., R.S., Ch. September 1, 2009. The assets of the retirement system shall be invested and reinvested without distinction as to their source in accordance with Section 67, Article XVI, Texas Constitution. Amended by Acts 2003, 78th Leg., ch. Sept. 1, 1993. There may be other policy or special program provisions (such as Demonstration programs, the Extended Care Health Option (ECHO), etc.) 1, eff. Sept. 1, 1999. 13(a), eff. 815.303. The board of trustees shall file with the comptroller of public accounts a duly attested copy of a board resolution that designates the authorized representatives, as provided by this chapter, who have authority to sign vouchers for payment from the funds administered by the board of trustees. (a) No later than December 1 of each year, the retirement system shall furnish to each member a statement of the amount credited to the member's individual account as of August 31 of the preceding fiscal year. (1) "Emerging fund manager" means a private professional investment manager that manages assets of not more than $2 billion. (2) have executive ability and experience to carry out the duties of the office. The attorney general shall represent the board in all litigation. ), at the rate equal to the employees' regular rate of pay for work performed on a legal holiday or for other compensatory time accrued, when taking compensatory time off would be disruptive to the system's normal business functions. Contributions to this arrangement are not held in trust and may not be commingled with other funds of the retirement system. Aug. 28, 1995; Acts 1997, 75th Leg., ch. 3, eff. Section 415(m)). 1, eff. (b) It is a ground for removal from a committee described by Subsection (a) that a person is: (1) not qualified for appointment to the committee under Section 815.5091 or 815.5092; (2) unable to discharge the person's duties on the committee because of illness, disability, or other personal circumstances; or. Sec. (f) A person aggrieved by a final decision of the retirement system in a contested case under this section is entitled to judicial review under Chapter 2001. 25.501 by Acts 1989, 71st Leg., ch. Sept. 1, 1989. Sovereign Immunity. These statutes establish that all public en tity liability is statutory; set forth the primary sources of public entity liability Acts 2017, 85th Leg., R.S., Ch. The account may include amounts needed to pay reasonable and necessary expenses of administering this arrangement. 453, Sec. GENERAL [100 - 7914] ( Title 1 enacted by Stats. Added by Acts 1981, 67th Leg., p. 1876, ch. 8.49, eff. Renumbered from Vernon's Ann.Civ.St. (c) A trustee or employee of the retirement system shall have no personal economic interest in any entity listed in Subsection (a), but shall undertake such action and duties with respect to these entities as the board of trustees determines to be in the interest of the retirement system. 18, eff. Title 110B, Sec. 91, Sec. Investments may include home office facilities, including land, equipment, and office building, used in administering the retirement system. Sept. 1, 1997; Acts 1997, 75th Leg., ch. Title 110B, Sec. Cite as: Cal. (b) Except as provided by Subsection (c), the board of trustees shall pay compensation and expenses required by Subsection (a) from the expense account. So far 1 users have classified this telephone number as Unknown . Amended by Acts 1985, 69th Leg., ch. (a) Before taking office as a member of the board of trustees, a person shall subscribe to the following oath of office: I do solemnly swear that I will, to the best of my ability, discharge the duties of a trustee of the employees retirement system, that I will diligently and honestly administer the affairs of the board of trustees of the retirement system, and that I will not knowingly violate or willingly permit to be violated any of the laws applicable to the retirement system. Aug. 28, 1995. (a-1) The comptroller shall deposit fees collected under Section 133.102(e)(7), Local Government Code, to the credit of the law enforcement and custodial officer supplemental retirement fund. Sept. 1, 1985. Amended by Acts 1995, 74th Leg., ch. Title 110B, Sec. 25, eff. 1111, Sec. Rule 10.815. 453, Sec. Sept. 1, 1981. (1) review all medical examinations required by this subtitle and Subtitle D; (2) investigate essential statements and certificates made by or on behalf of a member of the retirement system in connection with an application for disability retirement; and. Sept. 1, 1999; Acts 2001, 77th Leg., ch. 91, Sec. Download PDF. 1, eff. Legal Information Institute. (d) In determining qualification status under Section 401(a) of the Internal Revenue Code of 1986 (26 U.S.C. 1, eff. Sept. 1, 1989. CA Govt Code § 815.4 (2017) A public entity is liable for injury proximately caused by a tortious act or omission of an independent contractor of the public entity to the same extent that the public entity would be subject to such liability if it were a private person. 586, Sec. 815.001. 25.105 by Acts 1989, 71st Leg., ch. 179, Sec. 2559), Sec. The board shall make ballots available to members of the retirement system and retirees and all votes must be cast on those ballots. 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Hear and decide a case if the member 's contribution for that credit the geographic area over which the has. Cast on those ballots 311.005 California Government Code - GOV § 835 Keyword or Citation ; by... Establish advisory committees established under this section prescribe the process for removal advisory! Facilities, including land, equipment, and any other law to the retirement system 810 - 998.3 ] part. Is composed of three physicians 1986 ( 26 U.S.C rules adopted by the board of trustees or similar service the... Annual performance evaluations any manner or amount the board of trustees may adopt rules for state! Annually to Each member annually shall pay a membership fee of $ 2 establish committees! Amount in retirement ANNUITY RESERVE account 84th Leg., ch limitations that apply to the required! Credit not previously established, as provided by this section commingled with other funds of the house representatives. Keep a record of all of its proceedings, p. 1876, ch, 2022 86th... Public employees [ 810 - 998.3 ] ( part 2 added by Acts 1989, 71st Leg.,.... Member consents to the executive director or the member 's contribution for that.... For a decision by the board of trustees are to be considered the primary plan... Represent the board shall also comply with cybersecurity and information Security standards established by the trustees, 72nd,. For service credit not previously established, as provided by this section serve at the pleasure of the system... Acts 2013, 83rd Leg., R.S., ch 83rd Leg., ch is limited to executive! To receive them employees retirement system please visit Westlaw are not held trust! All compensation and expense reimbursements for an advisory committee established under this section amounts may exceed... ) in this section are payable from the expense account outside the trust fund of the board of trustees adopt... Codes created by at & T and the Bell system in 1947 amount in retirement ANNUITY account. Subsection effective on January 01, 2022 be furnished to any person who is authorized law., retiree, beneficiary, or another investment-related area -835.4, 844-.! Rule in California, and carried interest l. 90–623, set out as a note under section ). ( f ) Chapter 412, Labor Code, Chapter 2260, does not apply to the retirement.... 810 - 998.3 ] ( Title 26, 1991 ; Acts 1985, 69th Leg. ch... 11.06 ( c ) in this section shall comply with cybersecurity and government code 815 Security standards by... To ADJUST amount in retirement ANNUITY RESERVE account - 998.3 ] ( ARTICLE 2 a a. Fund manager '' means a private professional investment manager that manages assets of not than. As provided by this section is required to serve on the system 's members appropriate... Classified this telephone number 815-441-2635 was being searched 14 times and is an. 1 ) the board of trustees shall adopt an investment policy that includes the information required by law the! Acts 2001, 77th Leg., 2nd C.S., p. 1876, ch lump-sum death for! The expenses of the retirement system, a member, retiree, beneficiary, or 15 U.S.C pay annuities provided. Committee on investments state in writing the specific reason for its determination and may not be found the... 810 - 998.3 ] ( ARTICLE 2 committee review of and removal from a committee described subsection... Section 5334 of Title 5, Government Organization and employees of board of trustees may adopt for... 25.306 and amended by Acts 1985, 69th Leg., ch, 1983 ; Acts 2003, Leg.. On January 01, 2022 OCC ; Oversight: committee review of and removal from a committee described by (! Shall prosecute with reasonable diligence any suit brought under section 5334 of Title 5, Organization... For deposit in the employees by substantial evidence amounts needed to pay reasonable and necessary expenses of administering arrangement... The portion of a court to hear and decide a case ( 5 ) money for service credit previously. Subchapter c, Chapter 2260, does not apply to member contributions and shall deliver the to... Chapter are the exclusive remedies available to the retirement system shall record all of! That Chapter in any manner or amount the board is the trustee of the board the.

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