State of Texas – Fiscal Management

Manual of Accounts

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Fund 0970 – Deferred Compensation Account, Comptroller

Inactive

This fund is inactive. Please see the notes section for further information regarding the inactive status. Recently inactivated funds may remain active in USAS for a period of time to complete outstanding transactions or for other accounting purposes.

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Origin Date:
Issue Date:
Revised Date:

Purpose


Classification  
Depository Interest
Disposition of Balance
Appropriation Technique

Administering Agencies



Financial Activity


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Notes


Established in May 1973 to accumulate total dollars applied to the purchase of money contracts issued by life insurance and/or mutual fund companies to fund deferred compensation agreements between the State and the State employee.

Inactive in 1989 when deferred compensation administration transferred to ERS (see appropriated Fund 0945).



USAS Values


USAS Title DEFERRED COMP ACCT COMPTROLLER
Consolidated Fund
State Fund Group 08 - TRUST FUNDS
USAS Status I


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