§ 5 §18802-A — Participating Local District Advisory Committee

1.
Composition; designation.
The Participating Local District Advisory Committee, referred to in this chapter as "the advisory committee," is composed of the following 12 members:
2.
Compensation of members.
The members of the advisory committee are not entitled to receive compensation for their participation in the advisory committee's activities.
3.
Chair.
The chief executive officer, or a designee, shall serve as chair.
4.
Term.
The terms of the members are as follows.
5.
Transaction of business.
The transaction of business by the advisory committee is governed as follows.
6.
Proposal for plan design or amendment.
The advisory committee or the retirement system staff may present to the board proposals for the consolidated retirement plan and amendments to the plan. Passage of any resolution or any other action by the advisory committee relating to proposals for the consolidated retirement plan or proposed amendments to the consolidated retirement plan requires affirmative votes of a simple majority of the quorum or, if greater, of the voting members present.
7.
Remote meeting policy.
The remote meeting policy in Title 1, section 403‑B, subsection 2 may be adopted by the chief executive officer on behalf of the advisory committee.

Legislative History

PL 1997, c. 12, §1 (NEW). PL 1997, c. 12, §2 (AFF). PL 2003, c. 387, §13 (AMD). PL 2007, c. 249, §§36, 37 (AMD). PL 2021, c. 548, §44 (AMD). PL 2021, c. 548, §45 (REV). PL 2025, c. 221, §50 (AMD).