Tex. Gov't Code § 609.005

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.

Section 609.005 - Plan As Compensation

(a) A deferred compensation plan is a part of an employee's compensation and is in addition to a retirement, pension, or benefit system established by law.

(b) The deferral of compensation does not reduce retirement, pension, or other benefits provided by law unless the reduction is required by federal law.

Tex. Gov't. Code § 609.005

Added by Acts 1993, 73rd Leg., ch. 268, Sec. 1, eff. 9/1/1993.