2012 Louisiana Laws
Revised Statutes
TITLE 39 — Public finance
RS 39:100.115 — Board of truestees of the post employment benefits trust fund
§100.115. Board of trustees of the Post Employment Benefits Trust Fund
A. There is hereby established the board of trustees of the Post Employment Benefits Trust Fund within the office of the governor, division of administration.
B. The board of trustees shall be composed of the following members:
(1) The commissioner of administration.
(2) The state treasurer.
(3) A member of the House Committee on Appropriations appointed by the speaker of the House of Representatives.
(4) A member of the Senate Finance Committee appointed by the president of the Senate.
C. The board of trustees shall:
(1) On behalf of the state, act as trustee of the Trust Fund and exercise the state's fiduciary responsibilities.
(2) Review and approve all policies, projections, rules, criteria, procedures, forms, standards, performance goals, and actuarial reports pertaining to the Trust Fund.
(3) Review and approve the Trust Fund budget.
(4) Review financial records of the Trust Fund, including Trust Fund receipts, expenditures, and investments.
(5) Commission and obtain actuarial studies of the Trust Fund liabilities.
(6) Do any other things necessary to perform the state's fiduciary obligations.
Acts 2008, No. 910, §1, eff. July 1, 2008.
Disclaimer: These codes may not be the most recent version. Louisiana may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
