Texas Administrative Code

Texas Administrative Code

TITLE 34	PUBLIC FINANCE
PART 4	EMPLOYEES RETIREMENT SYSTEM OF TEXAS
CHAPTER 63	BOARD OF TRUSTEES
RULE §63.3	Election of Trustees (Nomination Process)

A member or retiree of the system who meets statutory eligibility criteria may be nominated to serve as a trustee of the system in the following manner:

(1) A member or retiree must file a petition on a form approved by the system. The petition must be signed by 300 or more persons qualified to vote in the trustee election. Only members of the system and retirees are qualified to vote in the election. The system will accept up to 600 signatures from each candidate.

(2) Each signature on a petition must be accompanied by that person's printed or typed name, ZIP Code, and any other information requested by the system to confirm the signer's identity. No person may sign a petition for more than one candidate. To do so will cause the signatures of the person to be disqualified on all petitions.

(3) The system must receive signed petitions before the deadline established by the board. A copy of a signed paper petition will not be accepted in lieu of the original signed petition. Electronic petitions must be completed and submitted in accordance with the instructions provided with electronic petition forms.

(4) The board shall establish deadlines and other dates related to trustee elections. Blank petitions shall be made available by the system at least 25 calendar days in advance of the deadline established by the board for filing signed petitions.

(5) A member may not be nominated to serve as a trustee if:

(A) the member is employed by the same employer as another trustee whose term will continue following the election; or

(B) the member is currently employed by the system or has been employed by the system within six years prior to the date of nomination.

(6) A retiree may not be nominated to serve as a trustee if:

(A) the board includes another retiree whose term will continue following the election; or

(B) the retiree was an employee of the system within six years prior to the date of nomination.

Source Note: The provisions of this §63.3 adopted to be effective April 26, 1983, 8 TexReg 1216; amended to be effective November 28, 1990, 15 TexReg 6499; amended to be effective September 29, 1992, 17 TexReg 6373; amended to be effective September 14, 2006, 31 TexReg 7358; amended to be effective March 14, 2016, 41 TexReg 1859; amended to be effective December 28, 2020, 45 TexReg 9573; amended to be effective December 27, 2021, 46 TexReg 9059