{"data":{"id":"us-tx/tex.-local-government-code-107.002","jurisdiction":"us-tx","citation":"Tex. Local Government Code § 107.002","heading":"DEFINITION OF \"PUBLIC PENSION FUND.\"","body":"In this chapter, \"public pension fund\":\n(1) means a continuing, organized program or plan of service retirement, disability retirement, or death benefits for officers or employees of a municipality;\n(2) includes a plan qualified under Section 401(a), Internal Revenue Code of 1986, as amended; and\n(3) does not include:\n(A) a program that provides only workers' compensation benefits;\n(B) a program administered by the federal government;\n(C) a plan described by Section 401(d), Internal Revenue Code of 1986, as amended;\n(D) an individual retirement account consisting of an annuity contract described by Section 403(b), Internal Revenue Code of 1986, as amended;\n(E) an individual retirement account as defined by Section 408(a), Internal Revenue Code of 1986, as amended;\n(F) an individual retirement annuity as defined by Section 408(b), Internal Revenue Code of 1986, as amended;\n(G) an eligible deferred compensation plan as defined by Section 457(b), Internal Revenue Code of 1986, as amended; or\n(H) a program for which benefits are administered by a life insurance company or for which the only funding agency is a life insurance company.\nAdded by Acts 2003, 78th Leg., ch. 1271, Sec. 1, eff. Sept. 1, 2003.","path":["LOCAL GOVERNMENT CODE","TITLE 4. FINANCES","SUBTITLE A. MUNICIPAL FINANCES","CHAPTER 107. OBLIGATIONS FOR CERTAIN LIABILITIES TO PUBLIC PENSION FUNDS OF A MUNICIPALITY"],"source_url":"https://statutes.capitol.texas.gov/Docs/LG/htm/LG.107.htm#107.002","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:27Z","sha256":"cea4755271386019b36021802fae11df3fabd9991cb1c6dd740ac1bed12d9c38","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-local-government-code-107.001","next":"us-tx/tex.-local-government-code-107.003"},"notice":"GroundRules: Original legal text. Not legal advice."}