Sec. 825.202. EXECUTIVE DIRECTOR. (a) The board of trustees, by a majority vote of all members, shall appoint an executive director.
(b) The executive director may not be a member of the board of trustees.
(c) To be eligible to serve as the executive director, a person must:
(1) be a citizen of the United States; and
(2) have executive ability and experience to carry out the duties of the office.
(d) The executive director shall recommend to the board actuarial and other services necessary to administer the retirement system.
(e) Annually, the executive director shall prepare an itemized expense budget for the following fiscal year and shall submit the budget to the board for review and adoption.
Acts 1981, 67th Leg., p. 1876, ch. 453, Sec. 1, eff. Sept. 1, 1981. Renumbered from Vernon's Ann.Civ.St. Title 110B, Sec. 35.202 by Acts 1989, 71st Leg., ch. 179, Sec. 1, eff. Sept. 1, 1989. Amended by Acts 1993, 73rd Leg., ch. 812, Sec. 16, eff. Sept. 1, 1993.
Amended by:
Acts 2007, 80th Leg., R.S., Ch. 1055 (H.B. 2190), Sec. 1, eff. June 15, 2007.
Structure Texas Statutes
Title 8 - Public Retirement Systems
Subtitle C - Teacher Retirement System of Texas
Subchapter C. Officers and Employees of Board of Trustees
Section 825.201. Presiding Officer
Section 825.202. Executive Director
Section 825.203. Legal Representation
Section 825.204. Medical Board
Section 825.205. Other Physicians
Section 825.208. Compensation of Employees; Payment of Expenses
Section 825.210. Interest in Investment Profits Prohibited
Section 825.212. Retirement System Ethics Policy
Section 825.213. Employment Practices
Section 825.214. Financial Auditor