Section 802.202, Texas Government Code requires Texas public retirement systems to adopt a written investment policy. The law does not mandate the type or ratio of investments. The written investment policy must be available to the public for review, and a copy must be filed with the Pension Review Board within 90 days of adoption.
Under Section 27(d), Article 6243e, Vernon’s Civil Statutes, TLFFRA systems are also required adopt formal investment policies that emphasize safety, diversity, and liquidity for benefit payments.
COMING SOON
Updated versions of the documents with redline changes are available and will be presented for possible adoption at our July meeting.
