|(a) A public retirement system must complete and submit
to the Board the standard forms identified as Form numbers PRB-100,
PRB-200, PRB-300, PRB-400, and PRB-1000 in §605.1 of this chapter
relating to Adoption of Standard Forms.
(b) The public system must submit the forms with the
information the system submits to the Board as a result of reviews
and studies conducted by the Board regarding the actuarial soundness
and current financial condition of the fund the system administers.
(c) Defined contribution plans as defined by Texas
Government Code, §802.001(1-a) and retirement systems consisting
exclusively of volunteers organized under the Texas Local Fire Fighters'
Retirement Act as defined by Texas Government Code, §802.002(d),
are not required to submit to the Board Form PRB-1000.
|Source Note: The provisions of this §605.3 adopted to be effective July 14, 2003, 28 TexReg 5545; amended to be effective May 8, 2007, 32 TexReg 2480; amended to be effective December 8, 2013, 38 TexReg 8916