The boards of trustees of public, four-year institutions of higher learning in this state shall be jointly responsible for filing an annual report on the status of the trust. The report shall be filed with the State Treasurer no later than May 1 of each year, and shall cover the most recently ended plan, year ending on December 31. The report as specified herein shall include the following:
(1) Year-end financial statements including auditor's statements when available;
(2) Reports detailing contributions, and any earnings received by the trust;
(3) Reports listing each participating state employee's contributions made to the trust for the calendar year which were deducted from such employees' compensation;
(4) Status reports relative to total participation in the trust;
(5) Copies of any amendments made to the plan; and
(6) Publications by the trust's administrator to the members and/or other interested parties.
Structure Code of Alabama
Chapter 25B - Retirement Trust for Football Coaches of Public Institutions of Higher Learning.
Section 16-25B-1 - Election of Participation.
Section 16-25B-2 - Participants Not Eligible for State Plans.
Section 16-25B-3 - Institutions Authorized to Make Contributions on Behalf of Participants.
Section 16-25B-4 - Board of Trustees to Administer Coaches' Participation.
Section 16-25B-5 - Annual Report; Contents.
Section 16-25B-6 - Effect of Trust Deferred Compensation on Other Programs.
Section 16-25B-7 - Inclusion for Federal Income Taxes.
Section 16-25B-8 - Authority to Participate In, Suspend or Withdraw From Trust.