19-3-2133. Employee investment advisory council.
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19-3-2133 . Employee investment advisory council.
(1)The board shall create an employee investment advisory council. The advisory council shall meet at least four times a year to:
(a)advise the board concerning the operation of the defined contribution plan, including the selection of the initial investment alternatives to be provided pursuant to 19-3-2122 ;
(b)advise the board about negotiating, contracting, or modifying services for the state deferred compensation plan provided for in chapter 50; and
(c)review existing deferred compensation plans and to advise the board on the administration of the program.
(2)The advisory council is not subject to 2-15-122 , except for payment of travel expenses.