Sec. 821.008. PURPOSE OF RETIREMENT SYSTEM. (a) The purpose of the retirement system is to invest and protect funds of the retirement system and to deliver the benefits provided by statute, not to advocate or influence legislative action or inaction or to advocate higher benefits.
(b) This section does not prohibit comments by an employee of the retirement system on federal laws, regulations, or other official actions or proposed actions affecting or potentially affecting the retirement system that are made in accordance with policies adopted by the board.
Added by Acts 1995, 74th Leg., ch. 555, Sec. 3, eff. Sept. 1, 1995.
Amended by:
Acts 2011, 82nd Leg., R.S., Ch. 455 (S.B. 1667), Sec. 6, eff. September 1, 2011.
Structure Texas Statutes
Title 8 - Public Retirement Systems
Subtitle C - Teacher Retirement System of Texas
Chapter 821 - General Provisions
Subchapter A. General Provisions
Section 821.0011. Determination of Employee or Independent Contractor Status
Section 821.002. Purpose of Subtitle
Section 821.003. Retirement System
Section 821.004. Powers and Privileges
Section 821.005. Exemption From Execution
Section 821.006. Action Increasing Amortization Period
Section 821.007. Control of Home Office Facilities
Section 821.008. Purpose of Retirement System
Section 821.009. Certain Contracts for Health Care Purposes; Review by Attorney General
Section 821.010. Provision of Certain Information to Comptroller