Montana § 19-3-2133 Employee Investment Advisory Council

Montana Statutes

§ 19-3-2133 — Employee Investment Advisory Council

Montana·Title 19 PUBLIC RETIREMENT SYSTEMS·Ch. 3 PUBLIC EMPLOYEES' RETIREMENT SYSTEM·Part 21 Defined Contribution Plan

19-3-2133 . Employee investment advisory council.

(1)The board shall create an employee investment advisory council. The advisory council shall meet at least four times a year to:

(a)advise the board concerning the operation of the defined contribution plan, including the selection of the initial investment alternatives to be provided pursuant to 19-3-2122 ;

(b)advise the board about negotiating, contracting, or modifying services for the state deferred compensation plan provided for in chapter 50; and

(c)review existing deferred compensation plans and to advise the board on the administration of the program.

(2)The advisory council is not subject to 2-15-122 , except for payment of travel expenses.

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19-3-2133 . Employee investment advisory council. (1) The board shall create an employee investment advisory council. The advisory council shall meet at least four times a year to:
(a) advise the board concerning the operation of the defined contribution plan, including the selection of the initial investment alternatives to be provided pursuant to 19-3-2122 ;
(b) advise the board about negotiating, contracting, or modifying services for the state deferred compensation plan provided for in chapter 50; and
(c) review existing deferred compensation plans and to advise the board on the administration of the program.
(2) The advisory council is not subject to 2-15-122 , except for payment of travel expenses.

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Legislative History

En. Sec. 62, Ch. 471, L. 1999; amd. Sec. 30, Ch. 490, L. 2001; amd. Sec. 52, Ch. 429, L. 2003; amd. Sec. 18, Ch. 283, L. 2009; amd. Sec. 15, Ch. 178, L. 2013.