Texas Government Code - GOV'T § 802.001. Definitions

(1) “Board” means the State Pension Review Board.

(1-a) “Defined contribution plan” means a plan provided by the governing body of a public retirement system that provides for an individual account for each participant and for benefits based solely on the amount contributed to the participant's account, and any income, expenses, gains and losses, and any forfeitures of accounts of other participants that may be allocated to the participant's account.

(2) “Governing body of a public retirement system” means the board of trustees, pension board, or other public retirement system governing body that has the fiduciary responsibility for assets of the system and has the duties of overseeing the investment and expenditure of funds of the system and the administration of benefits of the system.

(3) “Public retirement system” means a continuing, organized program of service retirement, disability retirement, or death benefits for officers or employees of the state or a political subdivision, or of an agency or instrumentality of the state or a political subdivision, other than:

(4) “System administrator” means a person designated by the governing body of a public retirement system to supervise the day-to-day affairs of the public retirement system.