19-3-2133. Creation of employee investment advisory council. The board shall, by August 1, 1999, create an employee investment advisory council. The advisory council shall meet at least quarterly to:
(1) advise the board concerning the establishment and operation of the defined contribution plan, including the selection of the initial investment alternatives to be provided pursuant to 19-3-2122;
(2) advise the board about negotiating, contracting, or modifying services for the state deferred compensation plan provided for in chapter 50; and
(3) review existing deferred compensation plans and to advise the board on the administration of the program.
History: En. Sec. 62, Ch. 471, L. 1999; amd. Sec. 30, Ch. 490, L. 2001.