| (a) The composition and functions of the Medical Board
are established by statute. Remuneration, if any, for Medical Board
members shall be determined by the board. The Medical Board shall
perform its tasks until abolished by the legislature.
(b) The Investment Advisory Committee (IAC) shall advise
the board on issues related to investments. Subject to applicable
statutory requirements, the board shall determine the number of IAC
members, the prerequisites for membership, the reporting requirements
for the IAC, whether to abolish the IAC, and the remuneration, if
any, for IAC members.
(c) The Group Benefits Advisory Committee (GBAC) shall
advise the board on employee benefits administered by the board as
part of the Texas Employees Group Benefits Program. The board shall
determine the number of GBAC members, the prerequisites for membership,
the reporting requirements for the GBAC, whether to abolish the GBAC,
and the remuneration, if any, for GBAC members.
|
| Source Note: The provisions of this §63.17 adopted to be effective May 27, 1994, 19 TexReg 3765; amended to be effective January 5, 2003, 27 TexReg 12370; amended to be effective January 2, 2018, 42 TexReg 7721; amended to be effective December 27, 2021, 46 TexReg 9059 |
