Alabama Statutes
§ 36-27A-2 — Creation; Administered by Board of Control, Etc.; Composition of Board
Alabama·Title 36 Public Officers and Employees·Ch. 27A Public Employees Individual Retirement Account Fund
There is hereby created a fund or funds which shall be known collectively as the Public Employees’ Individual Retirement Account Fund (PEIRAF). The PEIRAF shall be administered by the Secretary-Treasurer of the Employees’ Retirement System under the supervision and direction of a board of control which shall be composed of members of the investment committees of the Teachers’ and Employees’ Retirement Systems of Alabama.
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Legislative History
(Acts 1982, 2nd Ex. Sess., No. 82-776, p. 278, §2; Acts 1986, Ex. Sess., No. 86-685, p. 80, §2.)