The commissioner of revenue is the treasurer of the trust fund created in AS 37.14.110 and shall
- (1) in carrying out investment duties under this section, exercise the same powers and duties established for the Alaska Retirement Management Board in AS 37.10.220;
- (2) deposit the principal and income from investments into the fund;
- (3) invest and maintain accounting records;
- (4) provide reports to the board established under AS 37.14.120 on the condition and investment performance of the fund;
- (5) determine, on July 1 of each year, the monthly average market value of the fund for the five fiscal years preceding the previous fiscal year.