Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 606.028 - Administrative Expenses(a) As agreed by the retirement system and the governing body of a political subdivision that has an approved plan, the retirement system shall require the political subdivision to pay the subdivision's proportionate share of the state administrative expenses for this subchapter by: (1) an annual fee for the political subdivision;(2) an annual fee for each employee covered;(3) an amount equal to a percentage of the contributions made to federal authorities; or(4) any other equitable measure.(b) A political subdivision may make payment for administrative expenses under this section from any available fund not otherwise dedicated.Tex. Gov't. Code § 606.028
Added by Acts 1993, 73rd Leg., ch. 268, Sec. 1, eff. 9/1/1993.