1. (a) A trust fund for the Employees Retirement System of Texas is established with the comptroller.

2. (b) All assets of the trust fund shall be credited, according to the purpose for which they are held, to one of the following accounts:

   1. (1) employees saving account;
   2. (2) state accumulation account;
   3. (3) retirement annuity reserve account;
   4. (4) interest account; or
   5. (5) expense account.

Added by Acts 1985, 69th Leg., ch. 91, Sec. 2, eff. Sept. 1, 1985. Renumbered from Vernon's Ann.Civ.St. Title 110B, Sec. 25.3061 by Acts 1989, 71st Leg., ch. 179, Sec. 1, eff. Sept. 1, 1989.

Amended by Acts 1993, 73rd Leg., ch. 791, Sec. 17, eff. Sept. 1, 1993;

Acts 1997, 75th Leg., ch. 1423, Sec. 8.48, eff. Sept. 1, 1997.