Tex. Educ. Code § 43.055 · Subchapter B. TEXAS PERMANENT SCHOOL FUND CORPORATION
EMPLOYEES.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) The chief executive officer is responsible for hiring all employees of the corporation.
(b) Employees of the corporation serve at the will of the chief executive officer.
(c) The chief executive officer or the chief executive officer's designee shall develop a system of compensation for employees of the corporation as necessary to retain qualified staff.
(d) The chief executive officer or the chief executive officer's designee shall develop a system of annual performance evaluations. Merit pay for corporation employees must be based on the system established under this subsection.
(e) The chief executive officer or the chief executive officer's designee shall prepare and maintain a written policy statement to assure implementation of a program of equal employment opportunity under which all personnel decisions are made without regard to race, color, disability, sex, religion, age, or national origin.
(f) The chief executive officer may appoint an internal auditor for the corporation, who may be an employee of the corporation. The appointment of the internal auditor must be approved by the board of directors. The board of directors may require the internal auditor to submit specified reports directly to the board of directors.
(g) Except as otherwise provided by this subchapter, employees of the corporation are state employees for all purposes, including:
(1) accrual of leave time, insurance benefits, and retirement benefits;
(2) Chapter 104, Civil Practice and Remedies Code; and
(3) Chapter 501, Labor Code.
Notes and commentary — not statutory text
History
Added by Acts 2021, 87th Leg., R.S., Ch. 875 (S.B. 1232), Sec. 1.06, eff. September 1, 2021.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/ED/htm/ED.43.htm
- Text hash
- sha256 6c8401f527505aee4c043cfa3e2bc8b32ec9159264590de7b032f256c7441191
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
This section cites
Provisions in this library that the text above cites, as it prints each citation. A range cited as “ss. 61.13-61.16” links its first and last provisions.
Civil Practice and Remedies Code
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.