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Texas · Through 89th 2nd Called Legislative Session, 2025

Tex. Government Code § 842.057: CLASS D.

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Where this section sits in the code
  1. GOVERNMENT CODE
  2. TITLE 8. PUBLIC RETIREMENT SYSTEMS
  3. SUBTITLE F. TEXAS COUNTY AND DISTRICT RETIREMENT SYSTEM
  4. CHAPTER 842. MEMBERSHIP
  5. SUBCHAPTER A-1. TERMINATION OF PARTICIPATION BY SUBDIVISIONS

If any assets remain after the transfers are made under Sections 842.054, 842.055, and 842.056, the retirement system shall make a proportionate transfer to the individual account of each member not eligible to retire based on the ratio that the sum of the member's multiple matching credits and prior service credits bears to the total multiple matching credits and prior service credits of the class. The transfer to a member's individual account may not exceed 100 percent of the member's multiple matching credits and prior service credits.

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

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