Tex. Government Code § 842.054: CLASS A.
Where this section sits in the code
- GOVERNMENT CODE
- TITLE 8. PUBLIC RETIREMENT SYSTEMS
- SUBTITLE F. TEXAS COUNTY AND DISTRICT RETIREMENT SYSTEM
- CHAPTER 842. MEMBERSHIP
- SUBCHAPTER A-1. TERMINATION OF PARTICIPATION BY SUBDIVISIONS
In a case of involuntary termination under Section 842.053, the retirement system shall make a proportionate transfer to the individual account of each member of the subdivision eligible to retire based on the ratio that the member's current service credit bears to the total current service credit of the class. The transfer to a member's individual account may not exceed 100 percent of the member's current service credit.
Added by Acts 2005, 79th Leg., Ch. 506 (H.B. 633), Sec. 6, eff. January 1, 2006.
Collected 2026-08-27T01:47:16Z. Source file · JSON