Issue Date: | 1993-10-19 |
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Revised Date: | 2011-08-09 |
Legal Citations
- Government Code sec. 403.011, sec. 815.301, sec. 840.301
Origin:
1993
Purpose
To receive monies from the following trust accounts in order to allow commingling of assets for investment pooling purposes: S.E.R.S. Trust Account (0955), Law Enforcement and Custodial Officer Supplement Retirement Trust Fund (0977) and Judicial Retirement System Plan Two Trust Fund (0993). Use of fund will ensure accurate proportionate ownership records, contain investments and record investment income for administrative purposes.
Classification | Group 08: Trust Funds [?] |
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Depository Interest | Retained in appropriated fund until credited to the original investing fund. |
Disposition of Balance | Returned to the original investing fund as appropriate. |
Appropriation Technique | Not appropriated for state expenditure. |
Administering Agencies
Financial Activity
To view this appropriated fund's current revenue and expenditure activity by agency or comptroller object code, visit the following links:
Note
Fund title changed from Employees Retirement System Pension Investment Pool Trust Fund at agency's request 08/10/2011.
USAS Values
USAS Title | ERS INVESTMENT POOL TRUST FUND |
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Consolidated Fund | |
State Fund Group | 08 - TRUST FUNDS |
USAS Status | A |
Those funds created to account for assets held by the state in a trustee capacity for individuals, private organizations or other governmental entities