{"data":{"id":"us-tx/tex.-government-code-864.014","jurisdiction":"us-tx","citation":"Tex. Government Code § 864.014","heading":"STATE BOARD AUTHORITY FOR LUMP-SUM PAYMENTS.","body":"In lieu of any annuity otherwise payable under this subtitle, the state board by rule may provide for a lump-sum payment if the board determines that a lump-sum payment is cost-efficient or is necessary for the pension system to remain actuarially sound.\nAdded by Acts 2005, 79th Leg., Ch. 803 (S.B. 522), Sec. 1, eff. September 1, 2005.","path":["GOVERNMENT CODE","TITLE 8. PUBLIC RETIREMENT SYSTEMS","SUBTITLE H. TEXAS EMERGENCY SERVICES RETIREMENT SYSTEM","CHAPTER 864. BENEFITS"],"source_url":"https://statutes.capitol.texas.gov/Docs/GV/htm/GV.864.htm#864.014","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:16Z","sha256":"b1914a95d2295b8dd00df8d5090b680d7542cc7f9bc6cec17c77cc111525a694","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-government-code-864.0135","next":"us-tx/tex.-government-code-864.015"},"notice":"GroundRules: Original legal text. Not legal advice."}