Modifies provisions relating to certain public school retirement systems boards of trustees

Summary

The bill sets out the makeup of a 13‑person board of trustees that runs certain public‑school retirement funds, detailing how members are appointed or elected, their term lengths, and their responsibilities. It requires trustees to serve without compensation, take an oath of office, and be subject to circuit court jurisdiction for misconduct. The changes are intended to clarify governance and maintain continuity of the retirement system.

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