GroundRules
← Search the law
Texas · Through 89th 2nd Called Legislative Session, 2025

Tex. Government Code § 845.308: CLOSED SUBDIVISION ANNUITY RESERVE FUND.

Read at publisher ↗
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 845. ADMINISTRATION
  5. SUBCHAPTER D. MANAGEMENT OF ASSETS

(a) The retirement system shall deposit and hold in the closed subdivision annuity reserve fund all reserves for annuities payable to annuitants who were members of subdivisions that terminated participation with the retirement system under Subchapter A-1, Chapter 842.

(b) The retirement system shall pay from the closed subdivision annuity reserve fund annuities described by Subsection (a) and all benefits in lieu of those annuities as provided by this subtitle.

Acts 1981, 67th Leg., p. 1876, ch. 453, Sec. 1, eff. Sept. 1, 1981. Renumbered from Vernon's Ann.Civ.St. Title 110B, Sec. 55.308 and amended by Acts 1989, 71st Leg., ch. 179, Sec. 1, eff. Sept. 1, 1989.

Amended by:

Acts 2015, 84th Leg., R.S., Ch. 303 (S.B. 463), Sec. 7, eff. June 1, 2015.

Collected 2026-08-27T01:47:16Z. Source file · JSON

Browse this collection