Texas Administrative Code
Title 34 - PUBLIC FINANCE
Part 3 - TEACHER RETIREMENT SYSTEM OF TEXAS
Chapter 51 - GENERAL ADMINISTRATION
Section 51.1 - Advisory and Auxiliary Committees
Current through Reg. 49, No. 38; September 20, 2024
(a) The following committees are created for a period which will expire at the end of the next sunset review for the Teacher Retirement System of Texas (TRS) which is September 1, 2019, unless continued by the outcome of the sunset process, to advise or otherwise serve the retirement system and are deemed necessary to assist the Board of Trustees in performing its duties:
(b) The duties of a committee under this section are established by applicable statute or policies of the Board of Trustees.
(c) The members of the Medical Board shall be paid, as independent contractors, fees and expenses in accordance with contracts negotiated by the executive director or his designee subject to the applicable resolutions, policies, and annual budget adopted by the Board of Trustees. To the extent advisory committees are composed of independent contractors they are to be considered consultants employed by the retirement system under the authority recognized by § 2254.024, Government Code.
(d) Members of the Retirees Advisory Committee for TRS-Care do not serve as independent contractors and are entitled only to reimbursement for actual and reasonable expenses incurred in performing functions as members of the committee.