2-15-1009. Public employees' retirement board -- terms -- allocation. (1) There is a public employees' retirement board.
     (2) The board consists of six members appointed by the governor. The members are:
     (a) three public employees who are active members of a public retirement system (not more than one of these members may be an employee of the same department);
     (b) one retired public employee who is an inactive member of the public employees' retirement system; and
     (c) two members at large.
     (3) The term of office for each member is 5 years.
     (4) The board is allocated to the department for administrative purposes only as prescribed in 2-15-121. The board shall hire necessary employees as provided in 19-2-404.
     (5) Members of the board must be compensated and receive travel expenses as provided for in 2-15-124.

     History: En. 82A-210 by Sec. 1, Ch. 272, L. 1971; amd. Sec. 9, Ch. 190, L. 1974; amd. Sec. 94, Ch. 326, L. 1974; amd. Sec. 3, Ch. 132, L. 1977; amd. Sec. 22, Ch. 453, L. 1977; R.C.M. 1947, 82A-210; amd. Sec. 1, Ch. 117, L. 1983; amd. Sec. 2, Ch. 650, L. 1985; amd. Sec. 2, Ch. 532, L. 1997.