Sec. 865.001. COMPOSITION OF STATE BOARD. (a) The state board of the pension system is composed of nine members appointed by the governor for staggered terms of six years, with the terms of three trustees expiring on September 1 of each odd-numbered year.
(b) At least five trustees must be active members of the pension system, one of whom must represent emergency medical services personnel.
(c) One trustee may be a retiree of the pension system.
(d) Three trustees must be persons who have experience in the fields of finance, securities investment, or pension administration.
(e) Appointments to the state board shall be made without regard to the race, color, disability, sex, religion, age, or national origin of the appointee.
Added by Acts 2005, 79th Leg., Ch. 803 (S.B. 522), Sec. 1, eff. September 1, 2005.
Amended by:
Acts 2009, 81st Leg., R.S., Ch. 697 (H.B. 2751), Sec. 9, eff. September 1, 2009.
Acts 2013, 83rd Leg., R.S., Ch. 1316 (S.B. 220), Sec. 1.08, eff. June 14, 2013.
Section: 865.001 865.0011 865.002 865.003 865.0035 865.004 865.005 865.006 865.0061 865.007 865.008 865.009 865.0095 865.010 865.011 NextLast modified: September 28, 2016