reglab/statecodes huggingface dataset:
Texas Administrative Code › Title 40 - SOCIAL SERVICES AND ASSISTANCE › Part 15 - TEXAS VETERANS COMMISSION › Chapter 463 - VETERAN VERIFICATION LETTER › Section 463.3 - Definitions

Current through Reg. 49, No. 28; July 12, 2024
Provides definitions for the following words and terms, when
				  used in this chapter, that shall have the following meanings, unless the
				  context clearly indicates otherwise: Veteran--Served in and was honorably
				  discharged from a branch of the United States armed forces.
Texas Administrative Code › Title 40 - SOCIAL SERVICES AND ASSISTANCE › Part 15 - TEXAS VETERANS COMMISSION › Chapter 463 - VETERAN VERIFICATION LETTER › Section 463.4 - Process

Current through Reg. 49, No. 28; July 12, 2024
(a) This process serves to verify that the
				individual submitting documents to the Commission in accordance with Section
				171.0005(b)
				of the Texas Tax Code is an Honorably Discharged Veteran of the United States
				military.
(b) To initiate the
				process, each veteran owner must:
(1) Submit
				a web-form on the Texas Veterans Commission (TVC) website under the
				Entrepreneur menu bar; and
(2)
				Select "Veteran Verification Letter" for the MAIN REASON FOR CONTACT in the
				dropdown menu.
Texas Administrative Code › Title 40 - SOCIAL SERVICES AND ASSISTANCE › Part 15 - TEXAS VETERANS COMMISSION › Chapter 464 - CITIZENSHIP ASSISTANCE FOR VETERANS › Section 464.1 - Authority and Purpose

Current through Reg. 49, No. 28; July 12, 2024
(a) Authority. The
				authority for this subchapter is provided in Texas Government Code §
				434.0027, relating to citizenship assistance for veterans.
(b) Purpose. The purpose of citizenship
				assistance for veterans is to educate and direct veterans in becoming United
				States citizens; and to facilitate veterans' naturalization
				processes.
Texas Administrative Code › Title 40 - SOCIAL SERVICES AND ASSISTANCE › Part 15 - TEXAS VETERANS COMMISSION › Chapter 464 - CITIZENSHIP ASSISTANCE FOR VETERANS › Section 464.2 - Definitions

Current through Reg. 49, No. 28; July 12, 2024
The following words and terms, when used in this chapter,
				  shall have the following meanings, unless the context clearly indicates
				  otherwise.
(1) Veteran--A person who
				has been a member of the Army, Navy, Air Force, Marines, Space Force or Coast
				Guard of the United States.
(2)
				Commission--Texas Veterans Commission.
(3) USCIS--U.S. Citizenship and Immigration
				Services.
(4) INA--Immigration and
				Nationality Act.
Texas Administrative Code › Title 40 - SOCIAL SERVICES AND ASSISTANCE › Part 15 - TEXAS VETERANS COMMISSION › Chapter 464 - CITIZENSHIP ASSISTANCE FOR VETERANS › Section 464.3 - Process

Current through Reg. 49, No. 28; July 12, 2024
(a) To receive assistance from the
				Commission, a veteran must:
(1) request
				assistance from the Commission to obtain information on the citizenship
				process;
(2) provide required
				documentation to the USCIS to facilitate the citizenship process;
(3) follow through with requirements of the
				USCIS to complete the process for obtaining citizenship or naturalization;
				and
(4) agree to pay for any fees
				required by the USCIS to complete the process for obtaining citizenship or
				naturalization.
Texas Administrative Code › Title 40 - SOCIAL SERVICES AND ASSISTANCE › Part 17 - STATE PENSION REVIEW BOARD › Chapter 601 - GENERAL PROVISIONS › Section 601.1 - Purpose

Current through Reg. 49, No. 28; July 12, 2024
The rules and regulations of the State Pension Review Board
				  are set forth for the purpose of interpreting and implementing Texas Government
				  Code, Title 8, Subtitle A, Chapters 801 and 802, and to establish general
				  policies.
Texas Administrative Code › Title 40 - SOCIAL SERVICES AND ASSISTANCE › Part 17 - STATE PENSION REVIEW BOARD › Chapter 601 - GENERAL PROVISIONS › Section 601.30 - Severability

Current through Reg. 49, No. 28; July 12, 2024
If any provisions of these rules or the application thereof
				  to any person or circumstance is invalid, such invalidity shall not affect
				  other provisions or application of these rules which shall be given effect
				  without the invalid provision or application, and to this end the provisions of
				  these rules are declared to be severable.
Texas Administrative Code › Title 40 - SOCIAL SERVICES AND ASSISTANCE › Part 17 - STATE PENSION REVIEW BOARD › Chapter 601 - GENERAL PROVISIONS › Section 601.40 - Definitions

Current through Reg. 49, No. 28; July 12, 2024
The following words and terms, when used in these rules,
				  shall have the following meanings, unless the context clearly indicates
				  otherwise.
(1) Board--The State
				Pension Review Board.
(2) Executive
				director--The executive head of the board employed to perform its
				administrative duties.
(3)
				Member--A member of the board.
Texas Administrative Code › Title 40 - SOCIAL SERVICES AND ASSISTANCE › Part 17 - STATE PENSION REVIEW BOARD › Chapter 601 - GENERAL PROVISIONS › Section 601.50 - Office

Current through Reg. 49, No. 28; July 12, 2024
The board shall maintain an office as its official place of
				  business, which shall be the board's office for its executive director, staff,
				  and records, in Austin.
Texas Administrative Code › Title 40 - SOCIAL SERVICES AND ASSISTANCE › Part 17 - STATE PENSION REVIEW BOARD › Chapter 601 - GENERAL PROVISIONS › Section 601.60 - Petition for Adoption of Rules

Current through Reg. 49, No. 28; July 12, 2024
Petitions. Any interested person may submit a written
				  petition to the executive director or the Board requesting the adoption of a
				  rule. Within 60 days of the receipt of the petition, the executive director
				  will either:
(1) Send written reasons
				to the interested party stating the reasons for not submitting the matter to
				rulemaking proceedings; or
(2)
				Initiate rulemaking procedures as governed by the Texas Government Code Chapter
				2001.
Texas Administrative Code › Title 40 - SOCIAL SERVICES AND ASSISTANCE › Part 17 - STATE PENSION REVIEW BOARD › Chapter 603 - OFFICERS AND MEETINGS › Section 603.1 - Person for Service of Process

Current through Reg. 49, No. 28; July 12, 2024
The name and address of the person designated by the board
				  upon whom service of process may be served in judicial procedures against the
				  board is the executive director at the address of the official place of
				  business of the board.
Texas Administrative Code › Title 40 - SOCIAL SERVICES AND ASSISTANCE › Part 17 - STATE PENSION REVIEW BOARD › Chapter 604 - HISTORICALLY UNDERUTILIZED BUSINESS PROGRAM › Section 604.1 - Historically Underutilized Businesses

Current through Reg. 49, No. 28; July 12, 2024
In accordance with Texas Government Code §
									2161.003, the Board
				  adopts by reference the rules of the Comptroller of Public Accounts in 34 TAC
				  Part 1, Chapter 20, Subchapter D, Division 1, regarding historically
				  underutilized businesses. A copy of the Comptroller of Public Accounts rules
				  may be obtained by writing to: Executive Director, State Pension Review Board,
				  P.O. Box 13498, Austin, Texas 78711-3498, or by accessing the website of the
				  Secretary of State, at
www.sos.texas.gov/tac/
.
Texas Administrative Code › Title 40 - SOCIAL SERVICES AND ASSISTANCE › Part 17 - STATE PENSION REVIEW BOARD › Chapter 605 - STANDARDIZED FORM › Section 605.1 - Adoption of Standard Forms

Current through Reg. 49, No. 28; July 12, 2024
(a) The Board
				hereby adopts by reference the standard forms identified under subsection (b)
				of this section to assist in efficiently determining the actuarial soundness
				and current financial condition of public retirement systems and to assist in
				the conduct of the Board's business.
(b) The standard forms hereby adopted by the
				Board are the following:
(1) Pension System
				Registration--Form Series PRB-100;
(2) Benefits and Membership Report--Form
				Series PRB-200;
(3) Financial
				Statement Report--Form Series PRB-300;
(4) Actuarial Report--Form Series
				PRB-400;
(5) Investment Returns and
				Assumptions Report--Form Series PRB-1000.
Texas Administrative Code › Title 40 - SOCIAL SERVICES AND ASSISTANCE › Part 17 - STATE PENSION REVIEW BOARD › Chapter 605 - STANDARDIZED FORM › Section 605.3 - Submission of Forms

Current through Reg. 49, No. 28; July 12, 2024
(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) A public retirement 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 T Retirement Act as defined by Texas Government Code,
				§
									802.002(d),
				are not required to submit to the Board Form PRB-1000.
Texas Administrative Code › Title 40 - SOCIAL SERVICES AND ASSISTANCE › Part 17 - STATE PENSION REVIEW BOARD › Chapter 607 - PUBLIC RETIREMENT SYSTEM MINIMUM EDUCATIONAL TRAINING PROGRAM › Subchapter A - GENERAL PROVISIONS › Section 607.101 - Authority

Current through Reg. 49, No. 28; July 12, 2024
This chapter is promulgated under the authority of Texas
					 Government Code, §
										801.201, relating to
					 rulemaking, and §801.211, relating to a public retirement system
					 educational training program.
Texas Administrative Code › Title 40 - SOCIAL SERVICES AND ASSISTANCE › Part 17 - STATE PENSION REVIEW BOARD › Chapter 607 - PUBLIC RETIREMENT SYSTEM MINIMUM EDUCATIONAL TRAINING PROGRAM › Subchapter A - GENERAL PROVISIONS › Section 607.103 - Purpose

Current through Reg. 49, No. 28; July 12, 2024
(a) The Public Retirement System Educational
				  Training Program, as mandated by §
										801.211
				  of the Texas Government Code, is intended to ensure that every trustee and
				  system administrator of a public retirement system in Texas pursues the
				  necessary education relating to public pension matters throughout his or her
				  tenure to successfully discharge their duties.
(b) This chapter will establish Minimum
				  Educational Training requirements for Trustees and Administrators to help
				  ensure that these trustees and administrators participate in training
				  activities that maintain and improve their core competencies, and keep them
				  abreast of recent developments in public pension matters and issues impacting
				  their respective duties.
(c) This
				  chapter is not intended to dictate that trustees and system administrators
				  pursue only the Minimum Educational Training, but to set a minimum standard for
				  training/education. Trustees and system administrators are encouraged to pursue
				  additional educational opportunities in public pension-related areas.
Texas Administrative Code › Title 40 - SOCIAL SERVICES AND ASSISTANCE › Part 17 - STATE PENSION REVIEW BOARD › Chapter 607 - PUBLIC RETIREMENT SYSTEM MINIMUM EDUCATIONAL TRAINING PROGRAM › Subchapter A - GENERAL PROVISIONS › Section 607.104 - Definitions

Current through Reg. 49, No. 28; July 12, 2024
The following words and terms, for the purposes of this
					 chapter, shall have the following meanings, unless the rule indicates
					 otherwise.
(1) "Board" means the State
				  Pension Review Board.
(2) "Credit
				  hour" means the actual amount of instruction time for an MET activity expressed
				  in terms of hours. The number of MET credit hours shall be based on sixty (60)
				  minutes of instruction per hour.
(3) "First year of service" means the
				  twelve-month period beginning from the date of assuming one's position on the
				  governing body or hiring date.
(4)
				  "Governing body of a PRS" means, as provided in Texas Government Code §
										802.001(2).
(5) "Minimum Educational Training" shall have
				  the same meaning as assigned by §
										607.110
				  of this chapter.
(6) "MET" means
				  Minimum Educational Training.
(7)
				  "MET activity" means any organized in-person or online pension-related
				  educational activity, which may include, but is not limited to, organized
				  seminars, courses, conferences, lectures, panel discussions, audio,
				  teleconference, video, and digital media presentations, question-and-answer
				  periods, and in-house education.
(8) "Net actual instruction time" means time
				  spent on instruction, not including any breaks, or other non-educational
				  activities including promotion of particular products or services as prescribed
				  by §
										607.120(a)(3)
				  of this chapter (relating to Program Standards for All Sponsors).
(9) "Public retirement system" shall have the
				  same meaning as assigned by §
										801.001(2)
				  and §
										802.001(3)
				  of the Texas Government Code, but shall not include 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).
(10) "PRS" means public retirement
				  system.
(11) "Sponsor" means an
				  individual or organization offering training programs to trustees and system
				  administrators. The sponsor may or may not have developed the program
				  materials. However, the sponsor is responsible for ensuring the program
				  materials present the necessary learning objectives and for maintaining the
				  documentation required by this chapter.
(12) "Statutorily authorized designee" means
				  an individual other than the trustee, designated by the trustee as authorized
				  under the governing statute of the PRS or any other statute.
(13) "System administrator" means as defined
				  by Texas Government Code §
										801.001(3)
				  and §
										802.001(4).
(14) "Trustee" means as provided in Texas
				  Government Code §
										801.001(4).
Texas Administrative Code › Title 40 - SOCIAL SERVICES AND ASSISTANCE › Part 17 - STATE PENSION REVIEW BOARD › Chapter 607 - PUBLIC RETIREMENT SYSTEM MINIMUM EDUCATIONAL TRAINING PROGRAM › Subchapter A - GENERAL PROVISIONS › Section 607.105 - Applicability

Current through Reg. 49, No. 28; July 12, 2024
This chapter is promulgated to establish the MET
					 requirements for the following.
(1)
				  Trustees, as defined in Texas Government Code, §
										801.001(4),
				  in their capacity as members of the governing body of a PRS, as that term is
				  defined in Texas Government Code §
										802.001(2).
				  However, this chapter does not apply to:
(A)
				  members of a PRS's sponsoring entity board that is only responsible for the
				  creation, termination and amendment of the PRS; and
(B) members of a committee appointed by a
				  PRS's sponsoring entity board to act in an advisory or oversight capacity only
				  by providing guidance or recommendations.
Texas Administrative Code › Title 40 - SOCIAL SERVICES AND ASSISTANCE › Part 17 - STATE PENSION REVIEW BOARD › Chapter 607 - PUBLIC RETIREMENT SYSTEM MINIMUM EDUCATIONAL TRAINING PROGRAM › Subchapter A - GENERAL PROVISIONS › Section 607.107 - Exemption for Certain System Administrators

Current through Reg. 49, No. 28; July 12, 2024
(a) The Board may grant an exemption to a PRS
				  for certain types of system administrators from the MET requirements on a
				  case-by-case basis if:
(1) the PRS designates
				  an outside entity (a bank or a financial institution) as the system
				  administrator, and the PRS board of trustees or its designee completes and
				  forwards to the Board a request for exemption on a form provided by the Board
				  indicating the same; or
(2) the PRS
				  does not have a system administrator that meets the statutory definition as
				  contained in the Texas Government Code, §
											801.001(3)
				  and §
											802.001(4)
				  and the governing body of the PRS or its designee completes and forwards to the
				  Board a request for exemption, on a form provided by the Board, certifying that
				  the PRS does not have a system administrator. The request shall include a
				  statement affirming that one or more trustees of the PRS are responsible for
				  the duties of the system administrator and are already subject to the MET
				  requirements.
Texas Administrative Code › Title 40 - SOCIAL SERVICES AND ASSISTANCE › Part 17 - STATE PENSION REVIEW BOARD › Chapter 607 - PUBLIC RETIREMENT SYSTEM MINIMUM EDUCATIONAL TRAINING PROGRAM › Subchapter B - MINIMUM EDUCATIONAL TRAINING REQUIREMENTS FOR TRUSTEES AND SYSTEM ADMINISTRATORS › Section 607.110 - Minimum Educational Training Requirements

Current through Reg. 49, No. 28; July 12, 2024
(a) First year of service. A new trustee and
				  a new system administrator shall complete at least seven (7) credit hours of
				  training in the core content areas within the first year of service. The seven
				  credit hours shall include training in all of the core content areas. A trustee
				  or system administrator must earn no less than half a credit hour in each
				  content area. No more than two credit hours earned in any one core content area
				  shall be applied toward meeting the 7-hour minimum requirement contained in
				  this subsection. The core content areas are:
(1) fiduciary matters;
(2) governance
(3) ethics;
(4) investments;
(5) actuarial matters;
(6) benefits administration; and
(7) risk management.
Texas Administrative Code › Title 40 - SOCIAL SERVICES AND ASSISTANCE › Part 17 - STATE PENSION REVIEW BOARD › Chapter 607 - PUBLIC RETIREMENT SYSTEM MINIMUM EDUCATIONAL TRAINING PROGRAM › Subchapter B - MINIMUM EDUCATIONAL TRAINING REQUIREMENTS FOR TRUSTEES AND SYSTEM ADMINISTRATORS › Section 607.113 - Minimum Educational Training Requirements for Reappointed and Re-elected Trustees and Rehired System Administrators

Current through Reg. 49, No. 28; July 12, 2024
(a) The following provisions shall apply to:
(1) A trustee who is reappointed or
				  re-elected to a subsequent term of service for the same PRS or who leaves one
				  PRS and is appointed as a trustee to another PRS;
(2) A trustee who serves on multiple PRS
				  boards;
(3) A trustee who is
				  subsequently hired by a PRS to serve as system administrator;
(4) A system administrator who is rehired to
				  a subsequent term of employment by the same PRS or who leaves one PRS and is
				  hired as system administrator by another PRS;
(5) A system administrator who is employed by
				  multiple PRSs; and
(6) A system
				  administrator who is subsequently appointed or elected to a PRS
				  board.
Texas Administrative Code › Title 40 - SOCIAL SERVICES AND ASSISTANCE › Part 17 - STATE PENSION REVIEW BOARD › Chapter 607 - PUBLIC RETIREMENT SYSTEM MINIMUM EDUCATIONAL TRAINING PROGRAM › Subchapter C - MINIMUM EDUCATIONAL TRAINING PROGRAM SPONSORS › Section 607.120 - Program Standards for All Sponsors

Current through Reg. 49, No. 28; July 12, 2024
(a) MET activities offered by sponsors must
				  comply with the following standards.
(1) An
				  MET activity shall constitute an organized program of learning dealing with
				  matters related to public pensions, including the MET's core or non-core
				  content areas in §
											607.110
				  of this chapter (relating to Minimum Educational Training Requirements).
				  Sponsors are encouraged to review the Curriculum Guide as referenced in §
											607.110
				  of this chapter for content area guidance.
(2) An MET activity shall be conducted in a
				  suitable facility by an individual or group qualified by professional or
				  academic experience.
(3) An MET
				  activity shall be educational in nature and shall not include the promotion of
				  particular products or services.
(4) An MET activity shall be conducted in
				  person, online via the internet, or by teleconference.
(5) An MET activity shall meet all of the
				  other requirements contained in this chapter.
Texas Administrative Code › Title 40 - SOCIAL SERVICES AND ASSISTANCE › Part 17 - STATE PENSION REVIEW BOARD › Chapter 607 - PUBLIC RETIREMENT SYSTEM MINIMUM EDUCATIONAL TRAINING PROGRAM › Subchapter C - MINIMUM EDUCATIONAL TRAINING PROGRAM SPONSORS › Section 607.122 - MET Credit Hour Computation for Sponsors

Current through Reg. 49, No. 28; July 12, 2024
(a) Credit hours for attending MET activities
				  shall be based on net actual instruction time. Sponsors shall calculate the
				  number of credit hours that should be given for an MET activity offered based
				  on the net actual instruction time to be spent, and shall indicate the number
				  on the MET activity materials. Fractional credit hours should be stated as
				  decimals.
(b) Credit hours for
				  viewing or listening to audio, video, or digital media shall be based on the
				  running time of the recordings.
(c)
				  Credit hours for attending in-person educational programs shall be based on
				  actual instruction time.
Texas Administrative Code › Title 40 - SOCIAL SERVICES AND ASSISTANCE › Part 17 - STATE PENSION REVIEW BOARD › Chapter 607 - PUBLIC RETIREMENT SYSTEM MINIMUM EDUCATIONAL TRAINING PROGRAM › Subchapter C - MINIMUM EDUCATIONAL TRAINING PROGRAM SPONSORS › Section 607.124 - Sponsor Accreditation

Current through Reg. 49, No. 28; July 12, 2024
(a) The Board
				  may allow any sponsor of MET to become Board accredited if the sponsor, in the
				  opinion of the Board, demonstrates that it will comply with its obligations to
				  the Board and that its programs will conform to the Board's standards as
				  outlined in:
(1)
											§
											607.120
				  of this chapter (relating to Program Standards for All Sponsors); and
(2)
											§
											607.122
				  of this chapter (relating to MET Credit Hour Computation for
				  Sponsors).
Texas Administrative Code › Title 40 - SOCIAL SERVICES AND ASSISTANCE › Part 17 - STATE PENSION REVIEW BOARD › Chapter 607 - PUBLIC RETIREMENT SYSTEM MINIMUM EDUCATIONAL TRAINING PROGRAM › Subchapter C - MINIMUM EDUCATIONAL TRAINING PROGRAM SPONSORS › Section 607.126 - Obligations of Accredited Sponsors

Current through Reg. 49, No. 28; July 12, 2024
(a) In
				  order to support the reports required of PRSs, a sponsor accredited under
				  §
										607.124 of
				  this chapter (relating to Sponsor Accreditation) shall retain the following
				  records for five years following the date the program is completed:
(1) an agenda or outline that describes the
				  course content;
(2) the name and
				  title of each instructor for each topic;
(3) time devoted to each topic;
(4) each date and location of the
				  presentation; and
(5) record of
				  participation that reflects:
(A) the credit
				  hours earned by each trustee and system administrator participant;
				  and
(B) the number of non-trustee
				  and non-administrator attendees.
Texas Administrative Code › Title 40 - SOCIAL SERVICES AND ASSISTANCE › Part 17 - STATE PENSION REVIEW BOARD › Chapter 607 - PUBLIC RETIREMENT SYSTEM MINIMUM EDUCATIONAL TRAINING PROGRAM › Subchapter C - MINIMUM EDUCATIONAL TRAINING PROGRAM SPONSORS › Section 607.128 - Accreditation of MET Activities from Non-Accredited Sponsors

Current through Reg. 49, No. 28; July 12, 2024
(a) MET activities may be accredited, on a
				  case-by-case basis, upon the written application of a sponsor or public
				  retirement system on behalf of its own trustees or system administrator. All
				  applications for accreditation of an MET activity by a non-accredited sponsor
				  shall:
(1) be submitted at least 30 days in
				  advance of the activity, although the Board, at its discretion, may approve
				  applications filed less than 30 days in advance of the activity, or may approve
				  applications filed after the activity, in exceptional cases;
(2) be submitted on a form provided by the
				  Board;
(3) contain all information
				  requested on the form;
(4) be
				  accompanied by a sample agenda or course outline that describes the course
				  content, designates the courses sought to be accredited as an MET activity,
				  identifies the instructors, lists the time devoted to each topic, and shows
				  each date and location at which the program will be offered; and
(5) include a detailed calculation of the
				  total MET hours for the course and the hours that correspond to each core and
				  non-core topic the course covers.
Texas Administrative Code › Title 40 - SOCIAL SERVICES AND ASSISTANCE › Part 17 - STATE PENSION REVIEW BOARD › Chapter 607 - PUBLIC RETIREMENT SYSTEM MINIMUM EDUCATIONAL TRAINING PROGRAM › Subchapter C - MINIMUM EDUCATIONAL TRAINING PROGRAM SPONSORS › Section 607.130 - Accreditation of In-House Training Activities

Current through Reg. 49, No. 28; July 12, 2024
(a) MET activities provided by public
				  retirement systems or their hired consultants primarily for the education of
				  their trustees and/or system administrators are considered in-house training,
				  and may be accredited for MET credit. Education provided in-house must meet the
				  standards in §
										607.120
				  of this chapter (relating to Program Standards for all Sponsors) and §
										607.122
				  of this chapter (relating to MET Credit Hour Computation for
				  Sponsors).
(b) Public retirement
				  systems that conduct in-house training may apply to become accredited sponsors
				  under §
										607.124 of
				  this chapter (relating to Sponsor Accreditation).
(c) Public retirement systems that conduct
				  in-house training may submit individual courses for accreditation under §
										607.128
				  of this chapter (relating to Accreditation of MET Activities from
				  Non-Accredited Sponsors).
Texas Administrative Code › Title 40 - SOCIAL SERVICES AND ASSISTANCE › Part 17 - STATE PENSION REVIEW BOARD › Chapter 607 - PUBLIC RETIREMENT SYSTEM MINIMUM EDUCATIONAL TRAINING PROGRAM › Subchapter D - COMPLIANCE WITH THE MINIMUM TRAINING REQUIREMENTS › Section 607.140 - PRS Reporting

Current through Reg. 49, No. 28; July 12, 2024
(a) By September 1
				  of each year, a PRS shall accurately report to the Board on behalf of its
				  trustees and system administrator the MET credit hours completed, as required
				  by subchapter B. A PRS shall submit the report on a form provided by the
				  Board.
(b) In the September 1
				  report, a PRS shall submit the MET credit hours completed between August 1 of
				  the previous year and July 31 of the current year and any previously unreported
				  training hours. A PRS shall be responsible for providing the following
				  information to the Board on an ongoing basis. A PRS shall notify the Board of
				  any changes in such information within 30 days after the date of the changes. A
				  PRS shall submit this information on a form provided by the Board.
(1) For each trustee: the name, mailing
				  address, phone number, e-mail, position (such as Chair, Vice-Chair, Secretary,
				  etc.), trustee type (such as Active, Retired, Citizen, etc.), term start date,
				  the term length, and the term end date.
(2) For a system administrator: the name,
				  title, phone number, e-mail, and date of hire.
Texas Administrative Code › Title 40 - SOCIAL SERVICES AND ASSISTANCE › Part 17 - STATE PENSION REVIEW BOARD › Chapter 607 - PUBLIC RETIREMENT SYSTEM MINIMUM EDUCATIONAL TRAINING PROGRAM › Subchapter D - COMPLIANCE WITH THE MINIMUM TRAINING REQUIREMENTS › Section 607.142 - PRS Records

Current through Reg. 49, No. 28; July 12, 2024
(a) For each
				  trustee and system administrator, a PRS shall retain the following records for
				  five years following the date an MET activity is completed:
(1) the sponsor's name and identification
				  number, if applicable;
(2) the
				  location of the MET activity;
(3)
				  date(s) of completion; and
(4) the
				  credit hours earned by the trustee or system administrator participant.
Texas Administrative Code › Title 40 - SOCIAL SERVICES AND ASSISTANCE › Part 17 - STATE PENSION REVIEW BOARD › Chapter 609 - PUBLIC RETIREMENT SYSTEM INVESTMENT EXPENSE REPORTING › Section 609.101 - Authority

Current through Reg. 49, No. 28; July 12, 2024
These rules are promulgated under the authority of Texas
				  Government Code, §
									801.201, relating to
				  rulemaking, and §802.103, relating to an annual financial report and the
				  Board's authority to adopt rules necessary to implement that
				  section.
Texas Administrative Code › Title 40 - SOCIAL SERVICES AND ASSISTANCE › Part 17 - STATE PENSION REVIEW BOARD › Chapter 609 - PUBLIC RETIREMENT SYSTEM INVESTMENT EXPENSE REPORTING › Section 609.103 - Purpose

Current through Reg. 49, No. 28; July 12, 2024
(a) The governing body of a public retirement
				system, as mandated by §
									802.103 of the Texas
				Government Code, is required to publish an annual financial report showing the
				financial condition of the system as of the last day of the fiscal year covered
				in the report.
(b) Texas Government
				Code §
									802.103(a)(3)
				requires within the annual financial report, a listing, by asset class, of all
				direct and indirect commissions and fees paid by the retirement system during
				the system's previous fiscal year for the sale, purchase or management of
				system assets.
(c) This chapter
				implements these reporting requirements to help ensure consistency in
				investment expense reporting by public retirement systems, which will benefit
				those systems, the Board, policymakers, and the public, through the ability to
				make enhanced comparisons and allow for the better analysis, policymaking, and
				understanding of investment expenses paid by public retirement
				systems.
(d) This chapter is not
				intended to contradict generally accepted auditing standards, governmental
				accounting standards, or widely recommended best practices for financial
				reporting by governmental entities. It is also not intended to prevent systems
				from making additional disclosures beyond those listed in this
				chapter.
Texas Administrative Code › Title 40 - SOCIAL SERVICES AND ASSISTANCE › Part 17 - STATE PENSION REVIEW BOARD › Chapter 609 - PUBLIC RETIREMENT SYSTEM INVESTMENT EXPENSE REPORTING › Section 609.105 - Definitions

Current through Reg. 49, No. 28; July 12, 2024
The following words and terms, for the purposes of this
				  chapter, shall have the following meanings, unless the rule indicates
				  otherwise.
(1) "Annual financial
				report" means as defined by §
									802.103 of the Texas
				Government Code.
(2) "Asset class"
				means a group of securities that share similar characteristics, perform
				comparably in the marketplace, and are generally governed by the same laws and
				regulations.
(3) "Board" means the
				State Pension Review Board.
(4)
				"Direct and indirect fees and commissions" means amounts paid to investment
				managers for managing assets; commissions paid to brokers for trading
				securities on a per share basis; and profit share as defined by §
									815.3015(a)(2)
				of the Texas Government Code.
(5)
				"Fees netted from returns" means an amount that an investment manager collects
				or retains from earned investment returns rather than from the pension trust
				fund.
(6) "Governing body of a
				public retirement system" means as provided by Texas Government Code §
									802.001(2).
(7) "Investment expense" means direct and
				indirect fees and commissions and amounts retained or paid for investment
				services.
(8) "Investment manager"
				means as defined by §
									802.204 of the Texas
				Government Code.
(9) "Investment
				service" means a service provided to a public retirement system for general
				purposes of administering its investment program such as custodial, investment
				consulting, investment-related legal services, and research.
(10) "Public retirement system" means as
				defined by §
									801.001(2)
				and §
									802.001(3)
				of the Texas Government Code, but shall not include defined contribution plans
				as defined by Texas Government Code, §
									802.001 (1-a) or
				retirement systems consisting exclusively of volunteers organized under the
				Texas Local Fire Fighters' Retirement Act as defined by Texas Government Code,
				§
									802.002(d).
Texas Administrative Code › Title 40 - SOCIAL SERVICES AND ASSISTANCE › Part 17 - STATE PENSION REVIEW BOARD › Chapter 609 - PUBLIC RETIREMENT SYSTEM INVESTMENT EXPENSE REPORTING › Section 609.109 - Investment Expense Reporting

Current through Reg. 49, No. 28; July 12, 2024
For the first reporting period:
(1) A public retirement system with 180 days
				or more remaining in its current fiscal year as of the effective date of this
				section shall include the required investment expense disclosures per this
				chapter in its annual financial report that covers that fiscal year.
(2) A public retirement system with fewer
				than 180 days remaining in its current fiscal year as of the effective date of
				this section shall include the required investment expense disclosures per this
				chapter during the first fiscal year that begins after the effective date of
				this chapter, as part of its regularly scheduled annual financial
				report.
(3) The provisions of this
				section shall expire on April 1, 2022.
Texas Administrative Code › Title 40 - SOCIAL SERVICES AND ASSISTANCE › Part 17 - STATE PENSION REVIEW BOARD › Chapter 609 - PUBLIC RETIREMENT SYSTEM INVESTMENT EXPENSE REPORTING › Section 609.111 - Investment Expense Reporting Structure

Current through Reg. 49, No. 28; July 12, 2024
(a) Public retirement systems shall:
(1) report direct and indirect fees and
				commissions:
(A) in the fiscal year they are
				incurred;
(B) by asset
				class;
(C) in a supplemental
				schedule as part of the system's annual financial report; and
Texas Administrative Code › Title 40 - SOCIAL SERVICES AND ASSISTANCE › Part 17 - STATE PENSION REVIEW BOARD › Chapter 610 - FUNDING SOUNDNESS RESTORATION PLANS › Section 610.11 - Authority and Purpose

Current through Reg. 49, No. 28; July 12, 2024
These rules implement and are authorized by Texas Government
				  Code §§
									801.201,
				  802.2011,
				  802.2015,
				  and
				  802.2016.
Texas Administrative Code › Title 40 - SOCIAL SERVICES AND ASSISTANCE › Part 17 - STATE PENSION REVIEW BOARD › Chapter 610 - FUNDING SOUNDNESS RESTORATION PLANS › Section 610.14 - Applicability

Current through Reg. 49, No. 28; July 12, 2024
This chapter applies to every public retirement system and
				  its associated governmental entity that is subject to Texas Government Code
				  §
									802.2015
				  or §
									802.2016
				  and to a system or associated governmental entity that choose to submit a
				  voluntary funding soundness restoration plan.
Texas Administrative Code › Title 40 - SOCIAL SERVICES AND ASSISTANCE › Part 17 - STATE PENSION REVIEW BOARD › Chapter 610 - FUNDING SOUNDNESS RESTORATION PLANS › Section 610.15 - Required disclosure of inadequate financing arrangement to plan members

Current through Reg. 49, No. 28; July 12, 2024
(a) A notification to the associated
				governmental entity under Texas Government Code §
									802.2015(c)
				or §
									802.2016(c)
				regarding an actuarial valuation that indicates the public retirement system's
				actual contributions are not sufficient to amortize the unfunded liability
				within 30 years, means that the financing of the system is inadequate for the
				purposes of §
									802.106(d),
				Texas Government Code.
(b) The
				disclosure to members of an actuarial determination of an inadequate financing
				arrangement required under Texas Government Code §
									802.106(d)
				shall be accompanied by a notice that the system is subject to the funding
				soundness restoration plan requirement under Texas Government Code §
									802.2015(c)
				or §
									802.2016(c)
				when a system becomes subject to the requirement.
Texas Administrative Code › Title 40 - SOCIAL SERVICES AND ASSISTANCE › Part 17 - STATE PENSION REVIEW BOARD › Chapter 610 - FUNDING SOUNDNESS RESTORATION PLANS › Section 610.20 - Criteria for Determining Adherence to a Legacy Funding Soundness Restoration Plan

Current through Reg. 49, No. 28; July 12, 2024
(a) A public retirement
				system is adhering to a legacy funding soundness restoration plan if the
				system's actuarial valuation shows:
(1) the
				funding period is expected to fall within 40 years by the target date and so
				long as the system's funding period continues to shorten while the system's
				funding period is above 40 years and does not increase to a length of time
				greater than 40 years after falling below 40 years; or
(2) an increase in funding period compared to
				the previous valuation, and the system's actuarial valuation shows that,
				between the valuation date and the system's target date, the system's funding
				period or funded ratio remains within the compliance corridor adopted in board
				rule. If the system's funding period is infinite, only the funded ratio will be
				evaluated to determine compliance for the purposes of this paragraph.
Texas Administrative Code › Title 40 - SOCIAL SERVICES AND ASSISTANCE › Part 17 - STATE PENSION REVIEW BOARD › Chapter 610 - FUNDING SOUNDNESS RESTORATION PLANS › Section 610.21 - Completion of a Legacy Funding Soundness Restoration Plan

Current through Reg. 49, No. 28; July 12, 2024
(a) A public retirement system adhering to a
				legacy funding soundness restoration plan may continue following that plan
				until the earlier of:
(1) the target date;
				or,
(2) the date of an actuarial
				valuation that indicates the system's funding period is at or below 30
				years.
Texas Administrative Code › Title 40 - SOCIAL SERVICES AND ASSISTANCE › Part 17 - STATE PENSION REVIEW BOARD › Chapter 610 - FUNDING SOUNDNESS RESTORATION PLANS › Section 610.22 - Application of Revised Funding Soundness Restoration Plan Exemption

Current through Reg. 49, No. 28; July 12, 2024
(a) A public retirement system's actuarial
				valuation must be dated after September 1, 2025, to qualify for the revision
				exemption under Texas Government Code §
									802.2015(d-1)(1)
				or §
									802.2016(d-1)(1).
(b) The revision exemption does not apply to
				a system adhering to a legacy funding soundness restoration plan before the
				date prescribed by § 610.21 of this chapter (relating to Completion of a
				Legacy Funding Soundness Restoration Plan).
Texas Administrative Code › Title 40 - SOCIAL SERVICES AND ASSISTANCE › Part 17 - STATE PENSION REVIEW BOARD › Chapter 610 - FUNDING SOUNDNESS RESTORATION PLANS › Section 610.30 - Submission and Completion Criteria for the Funding Soundness Restoration Plan Requirement

Current through Reg. 49, No. 28; July 12, 2024
(a) The board will
				consider a retirement system to have submitted a funding soundness restoration
				plan when the board receives:
(1) a completed
				form approved by the board for this purpose;
(2) any supplementary or explanatory
				documents necessary to illustrate how the system's funding period will be
				within the maximum by the prescribed date, including a revised funding policy;
				and
(3) documentation of the date
				the plan was adopted by both the governing body of the system and of the
				governmental entity. Documentation may include the minutes or other record of
				an open meeting when each adoption occurred.
Texas Administrative Code › Title 40 - SOCIAL SERVICES AND ASSISTANCE › Part 17 - STATE PENSION REVIEW BOARD › Chapter 610 - FUNDING SOUNDNESS RESTORATION PLANS › Section 610.31 - Compliance with Progress Updates

Current through Reg. 49, No. 28; July 12, 2024
(a) A system
				adhering to a legacy funding soundness restoration plan shall continue
				providing progress updates every two years rather than submitting progress
				updates in accordance with this section.
(b) The first draft of a plan submitted as a
				part of a progress update under Texas Government Code §§
									802.2015(f)
				or
				802.2016(f)
				must, at minimum, include a projected timeline for enactment of the plan, and
				identify the action that various entities must take to approve or enact the
				plan, such as votes that may be necessary in accordance with the system's
				governing statute. Each subsequent progress update should include a draft plan
				that contains updated information and that demonstrates movement toward a
				complete and finalized plan.
(c) A
				description of changes submitted as part of a progress update to fulfill the
				requirements of Texas Government Code §§
									802.2015(f)
				or
				802.2016(f)
				must include the projected actuarial impact of each change under consideration
				on the retirement system's funding period and funded ratio.
(d) A system must submit updates consistent
				with subsections (b) and (c) of this section to the board starting September 1,
				2023, and every six months thereafter until the system submits a funding
				soundness restoration plan to the board and the board determines it is
				compliant if the system:
(1) received an
				actuarial valuation dated prior to September 1, 2021, that triggered a funding
				soundness restoration plan requirement; and
(2) does not have a board-approved legacy
				funding soundness restoration plan.
Texas Administrative Code › Title 40 - SOCIAL SERVICES AND ASSISTANCE › Part 17 - STATE PENSION REVIEW BOARD › Chapter 610 - FUNDING SOUNDNESS RESTORATION PLANS › Section 610.32 - Revised Funding Soundness Restoration Plan Exemption

Current through Reg. 49, No. 28; July 12, 2024
(a) A public retirement system is adhering to
				a funding soundness restoration plan formulated between September 1, 2021, and
				September 1, 2025, if, during the period between the date the funding soundness
				restoration plan is adopted by the system and governmental entity and the 10th
				anniversary of the applicable date for the funding soundness restoration plan
				to be formulated and the system to be within the maximum funding period
				prescribed by Texas Government Code §§
									802.2015(e)(2)
				or
				802.2016(e)(2),
				the system's actuarial valuation shows the system's funding period or funded
				ratio remain within the applicable compliance corridors established in this
				section. If the system's funding period is infinite, only the funded ratio will
				be evaluated to determine compliance for the purposes of this
				subsection.
(b) The baseline for a
				system's funding period compliance corridor will be 30 years, and the baseline
				for the funded ratio corridor will be the actuarial projection of the system's
				expected future actuarial value of assets and liabilities submitted as part of
				an actuarial valuation or separate analysis in accordance with either Texas
				Government Code §§
									802.2015(e-2)(1)
				or
				802.2016(e-2)(1).
(c) The allowable degree of variation from
				the baseline will begin at five percent for a funded ratio corridor or ten
				years for a funding period corridor and will decrease over the 10-year period
				as described by Figure: 40 TAC § 610.32(c). A system would be considered
				compliant if plan experience exceeds the corridor in a favorable way. The board
				will use each system's baseline to provide a compliance corridor unique to that
				system based on their amortization period and funded ratio, using the corridor
				sizes specified in these rules.
Attached
				  Graphic
(d) A
				system may submit a voluntary funding soundness restoration plan without first
				becoming subject to the requirement, for the purposes of qualifying for the
				revision exemption, provided the V-FSRP is consistent with all applicable
				submission requirements in statute and rules.
Texas Administrative Code › Title 40 - SOCIAL SERVICES AND ASSISTANCE › Part 19 - DEPARTMENT OF FAMILY AND PROTECTIVE SERVICES › Chapter 700 - CHILD PROTECTIVE SERVICES › Subchapter A - ADMINISTRATION › Section 700.105 - Criminal Record Checks for Authorized External Volunteer Organizations

Current through Reg. 49, No. 28; July 12, 2024
(a) To obtain criminal history records on
				  volunteers or volunteer applicants, the agencies authorized by law to obtain
				  these through the Department of Family and Protective Services (DFPS) must give
				  DFPS identifying information about the applicant on a form designated by DFPS
				  for that purpose.
(b) The volunteer
				  agency must ensure that the person on whom the information is being requested
				  has consented in writing to DFPS disclosing the information to the volunteer
				  agency.
(c) DFPS discloses the
				  criminal history information received from the Texas Department of Public
				  Safety directly to the volunteer agency that requests it, although DFPS must
				  not give the volunteer agency a copy of the information or allow the volunteer
				  agency to make a photocopy of the information.
(d) DFPS retains the criminal records check
				  information obtained on behalf of the volunteer agency only as long as is
				  needed to ensure that the volunteer agency has received the information and
				  then DFPS deletes or destroys the information.
(e) DFPS may charge an organization that
				  requests criminal record history information a fee in the amount necessary to
				  cover the costs of obtaining the information on the organization's
				  behalf.
Texas Administrative Code › Title 40 - SOCIAL SERVICES AND ASSISTANCE › Part 19 - DEPARTMENT OF FAMILY AND PROTECTIVE SERVICES › Chapter 700 - CHILD PROTECTIVE SERVICES › Subchapter A - ADMINISTRATION › Section 700.108 - Waiver Provision for Implementation of Community-Based Care

Current through Reg. 49, No. 28; July 12, 2024
(a) As used in this section, the term
				  "Community-Based Care" has the meaning set forth in § 264.152, Texas
				  Family Code, and related law in Subchapter B-1 of Chapter 264, Texas Family
				  Code. The term may include the provision of placement and supportive services,
				  as well as direct case management performed by the Single Source Continuum
				  Contractor performing services in a catchment area.
(b) Notwithstanding any other provision in
				  this chapter, to the extent necessary for the implementation of Community-Based
				  Care, Department of Family and Protective Services (DFPS) may waive a provision
				  in any section in this chapter as provided under subsection (c) of this
				  section.
(c) The waiver of any rule
				  provision contained in this chapter must be approved by the Commissioner of the
				  Department of Family and Protective Services, or that person's designee, after
				  consultation with agency legal counsel to ensure that the waiver does not
				  conflict with other state or federal law.
(d) Nothing in this section shall be
				  construed to authorize DFPS to waive a provision of any section in this chapter
				  if such waiver violates other state or federal law.