Tex.
Gov't Code Section 801.001
Definitions
(1)
“Board” means the State Pension Review Board.(1-a)
“Governing body of a public retirement system” has the meaning assigned by Section 802.001 (Definitions).(2)
“Public retirement system” means a continuing, organized program of service retirement, disability retirement, or death benefits for officers or employees of the state or a political subdivision, or of an agency or instrumentality of the state or a political subdivision, and includes the optional retirement program governed by Chapter 830 (Optional Retirement Program), but does not include:(A)
a program, other than the optional retirement program, for which benefits are administered by a life insurance company;(B)
a program providing only workers’ compensation benefits;(C)
a program administered by the federal government;(D)
an individual retirement account or individual retirement annuity within the meaning of Section 408, or a retirement bond within the meaning of Section 409, of the Internal Revenue Code of 1986 (26 U.S.C. Section 409);(E)
a plan described by Section 401(d) of the Internal Revenue Code of 1986 (26 U.S.C. Section 401);(F)
an individual account plan consisting of an annuity contract described by Section 403(b) of the Internal Revenue Code of 1986 (26 U.S.C. Section 403); or(G)
an eligible state deferred compensation plan described by Section 457(b) of the Internal Revenue Code of 1986 (26 U.S.C. Section 457).(3)
“System administrator” means a person designated by the governing body of a public retirement system to supervise the day-to-day affairs of the public retirement system.(4)
“Trustee” means a member of the governing body of a public retirement system.
Source:
Section 801.001 — Definitions, https://statutes.capitol.texas.gov/Docs/GV/htm/GV.801.htm#801.001 (accessed Jun. 5, 2024).
