Current through Public Act 156 of the 2024 Legislative Session
Section 38.2739 - Written trust agreement; contentsThe written trust agreement for each retirement system shall contain all of the following provisions consistent with this act:
(a) Recitals describing the creation and purpose of the trust.(b) Language reflecting the requirements of sections 4 through 7.(c) Sections outlining the management and operation of the trust.(d) A description of the various accounts that carry out the functions of the trust.(e) Provisions setting forth the powers and duties of the trustees.Added by 2010, Act 77,s 9, eff. 5/19/2010.