| Issue Date: | 1990-08-23 |
|---|---|
| Revised Date: | 2021-11-16 |
Legal Cites
- Government Code sec. 609.512
Origin:
1989 by the 71st Leg., R.S.
Purpose
To receive deferrals, appropriations by the state for the administration of the deferred compensation plan, trust income, and fees. The fund is available without fiscal year limitation:
- to pay expenses for administering the deferred compensation plan; and
- to purchase qualified investment products for plan participants.
| Classification | Group 08: Trust Funds [?] |
|---|---|
| Depository Interest | Retained in the appropriated fund. |
| Disposition of Balance | Accumulative |
| Appropriation Technique | General Appropriations Act |
Administering Agencies
Note
Legal cite amended by S.B. 248, 73rd Leg., R.S.
USAS Values
| USAS Title | DEF COMPENSATION TRUST FD, ERS |
|---|---|
| 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