1. Subject to the limitations of this chapter and the budget prescribed by the Board, the System must be administered by the Executive Officer, Chief Investment Officer and Operations Officer and a staff authorized by the Board and appointed by the Executive Officer with the approval of the Board.
2. The Board shall fix the salaries of the staff in accordance with the pay plan of the State for the classified service. No employee may be removed from the staff except in the manner provided for the classified service of the State.