Tex. Gov't Code § 825.3121

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

Section 825.3121 - Deferred Retirement Option Account

(a) The retirement system shall deposit in the deferred retirement option account the amounts required to be deposited in the account by Section 824.804(a) and interest as required by Section 824.807.

(b) The retirement system shall pay from the account all benefits accrued during participation in the deferred retirement option plan.

Tex. Gov't. Code § 825.3121

Added by Acts 1997, 75th Leg., ch. 1416, Sec. 27, eff. 9/1/1997.