Passed BothConf. Cmte
- State Retirement and Pension System - Investment Management Fees
- Sponsored by
- Delegate Barve
- In the House - Hearing 2/03 at 1:30 p.m.
- Fiscal and Policy Note
Altering a requirement that the Board of Trustees for the State Retirement and Pension System provide a quarterly estimate of certain external investment management services; prohibiting the Board of Trustees from incurring fees for external investment management services that exceed 0.2% of the market value of invested assets as of the last day of the preceding fiscal year; exempting from the prohibition certain fees incurred under a contract entered into on or before June 30, 2021; etc.
Bill File Type: Regular
Effective Date(s): July 1, 2021
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( 21-123, 21-315 )
Last Updated: 4/1/2021 4:38 PM