Texas Government Code Title 8, Chapter 865 - Administration
- Texas Section 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...
- Texas Section 865.0011 - Sunset Review
The state board of the pension system is subject to review under Chapter 325 (Texas Sunset Act) but is not abolished under that chapter. The...
- Texas Section 865.002 - Ineligibility Of Certain Employees For State Board
(a) A person is not eligible for appointment to the state board if the person or the person's spouse is employed by or participates in...
- Texas Section 865.003 - Compensation; Expenses
Trustees of the state board serve without compensation but may be reimbursed for actual and necessary expenses incurred in performing state board functions. Added by...
- Texas Section 865.0035 - State Board Member Training
(a) A person who is appointed to and qualifies for office as a member of the state board may not vote, deliberate, or be counted...
- Texas Section 865.004 - Voting
(a) Each trustee of the state board is entitled to one vote. Except as provided by Subsection (b), at any meeting of the state board,...
- Texas Section 865.005 - Grounds For Removal Of Trustees
(a) It is a ground for removal from the state board that a trustee: (1) does not have at the time of appointment the qualifications...
- Texas Section 865.006 - General Duties Of State Board
(a) The state board shall employ a certified public accountant, an actuary, and an investment consultant for the fund and may acquire computer, custodial, or...
- Texas Section 865.0061 - Written Policy On Managing And Administering Contracts
The state board shall adopt a written policy, including procedures, to guide staff in managing and administering contracts entered into by or on behalf of...
- Texas Section 865.007 - Administering System Assets
(a) The state board shall administer all assets of the pension system. The state board is the trustee of the pension system's assets. (b) The...
- Texas Section 865.008 - Investment Of Assets
(a) If a surplus exists in the fund over the amount necessary to pay benefits due for a reasonable period of time, the state board...
- Texas Section 865.009 - Trust Fund
The Texas emergency services retirement fund is a trust fund established with the comptroller. Added by Acts 2005, 79th Leg., Ch. 803 (S.B. 522), Sec....
- Texas Section 865.0095 - Executive Director
(a) The state board, by a majority vote of all members, shall appoint a person other than a member of the board to serve at...
- Texas Section 865.010 - Executive Director's Duties
(a) The executive director shall oversee the distribution of all benefits. (b) The executive director shall collect the revenues for the fund from the governing...
- Texas Section 865.011 - Records And Reports
(a) The executive director may at any reasonable time examine the records and accounts of local boards. (b) The executive director shall require in a...
- Texas Section 865.012 - Local Board
(a) A local board is composed of: (1) one trustee selected by the governing body of the political subdivision of which a participating department is...
- Texas Section 865.013 - Monitoring Of Contribution Submission
A local board shall monitor the timely submission of required contributions to the executive director. Added by Acts 2005, 79th Leg., Ch. 803 (S.B. 522),...
- Texas Section 865.014 - Local Contributions
(a) Each governing body of a political subdivision of which a participating department is a part shall contribute for each member for each month of...
- Texas Section 865.015 - State Contributions
The state shall contribute the amount necessary to make the pension system actuarially sound each year, except that the state's contribution may not exceed one-third...
- Texas Section 865.016 - Administrative Penalty
(a) The state board may impose an administrative penalty on a local board that fails to file a required report in a timely manner. (b)...
- Texas Section 865.017 - Interruption Of Payments
(a) The pension system shall withhold payment of a monthly retirement annuity if a participating department attempts to provide information to the executive director relating...
- Texas Section 865.018 - Certification Of Fund
(a) In this section, "qualified actuary" means a fellow of the Society of Actuaries or a member of the American Academy of Actuaries who has...
- Texas Section 865.019 - Confidentiality Of Information About Members, Annuitants, And Beneficiaries
(a) Information contained in records that are in the custody of the pension system concerning an individual member, annuitant, or beneficiary is confidential under Section...
- Texas Section 865.020 - Medical Board
(a) The state board shall designate a medical board composed of three physicians. (b) To be eligible to serve as a member of the medical...
- Texas Section 865.021 - Complaint Files
(a) The pension system shall maintain a system to promptly and efficiently act on complaints filed with the system. The system shall maintain information about:...
Last modified: September 28, 2016