Tex. Gov't Code § 844.702

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

Section 844.702 - Member Contributions

(a) The governing body of the subdivision may designate the rate of member contributions for employees of the subdivision to take effect beginning on the effective date of adoption of the plan provisions of this subchapter. The subdivision may elect a rate of four, five, six, or seven percent of the current service compensation of its employees. The governing body of the subdivision may thereafter increase or decrease the contribution rate to take effect on the next January 1 after the date of adoption of the increase or decrease, in accordance with the provisions of Sections 845.402(b) and (c).

(b) If necessary under Section 844.703(h), a subdivision's member contribution rate may be reduced to one, two, three, four, five, or six percent of the current service compensation of its employees.

Tex. Gov't. Code § 844.702

Amended By Acts 1999, 76th Leg., ch. 427, Sec. 45, eff. 12/31/1999.

Amended By Acts 1995, 74th Leg., ch. 245, Sec. 29, eff. 9/1/1995

Amended by Acts 1993, 73rd Leg., ch. 175, Sec. 16, eff. 1/1/1994

Added by Acts 1991, 72nd Leg., ch. 460, Sec. 21, eff. 1/1/1992.