Section 5.37 - Deferred Compensation Contracts(a) Definitions. The following words and terms, when used in this section, shall have the following meanings, unless the context clearly indicates otherwise. (1) State agency--Has the meaning assigned by Government Code, § 659.262(a). (2) Classified employee--A state employee who is employed in a position that is classified under Government Code, Chapter 654, and is identified by the chief administrator of a state agency as essential for the state agency's operations. (3) Deferred compensation contract--A contract entered into between a state agency and a classified employee under Government Code, § 659.262(c). (b) A state agency shall not enter into a deferred compensation contract with a classified employee while another deferred compensation contract with that same classified employee is in effect. A deferred compensation contract is in effect during the 12-month period of service required by Government Code, § 659.262(c).34 Tex. Admin. Code § 5.37
Adopted by Texas Register, Volume 44, Number 19, May 10, 2019, TexReg 2362, eff. 5/19/2019