Purpose
To record the assets and monies of the Retirement System, from whatever source derived and all securities heretofore purchased and hereafter acquired, to be held collectively for the proportionate benefit of all funds and accounts of the Retirement System.
| Classification | Group 08: Trust Funds [?] |
|---|---|
| Depository Interest | Retained in appropriated fund. (Previously, also from S.E.R.S. Funds 0950, 0951, 0952, 0953, and 0954.) |
| Disposition of Balance | Accumulative |
| Appropriation Technique | Not appropriated for state expenditure. |
Administering Agencies
Note
S.B. 34, 69th Leg., 3rd C.S., deferred payments for Employees Retirement System for the period October 1, 1986 to February 1, 1987.
USAS Values
| USAS Title | S.E.R.S. TRUST ACCOUNT |
|---|---|
| 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