Issue Date:
Revised Date: 2005-09-01

Legal Cites

Origin:

1977 (first deposit was in FY 79)

Purpose

To provide a pension system and death and disability benefits for persons performing fire, rescue or emergency medical services who serve without monetary remuneration. In making investments, the commissioner and board of trustees shall exercise the judgment and care that persons of ordinary prudence, discretion, and intelligence exercise.

Classification Group 08: Trust Funds [?]
Depository Interest Retained in appropriated fund.
Disposition of Balance Accumulative
Appropriation Technique Not appropriated for state expenditure.

Note

Amended by H.B. 337, 75th Leg., R.S. Name changed from Fire Fighter's Relief and Retirement Trust Fund to Texas Statewide Emergency Services Personnel Retirement Trust Fund.

Amended by H.B. 803, 75th Leg., R.S.

S.B. 522, 79th Leg., R.S repealed Vernon's Civil Statues art. 6243e.3 and recodified that section in the Government Code, Subtitle H. Name changed to Texas Emergency Services Retirement Trust Fund.

Administration of fund changed from Firefighter's Pension Commissioner (abolished) to Texas Emergency Services Retirement System (326) per S.B. 220, 83rd Leg., R.S.

USAS Values

USAS Title TX EMERGENCY SERVICES RETIREMENT TR FD
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