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Montana Title 19. Public Retirement Systems § 19-3-2133. Employee investment advisory council

Current as of January 01, 2024 | Updated by Findlaw Staff

(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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Cite this article: FindLaw.com - Montana Title 19. Public Retirement Systems § 19-3-2133. Employee investment advisory council - last updated January 01, 2024 | https://codes.findlaw.com/mt/title-19-public-retirement-systems/mt-st-19-3-2133/

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