Tex. Gov't Code § 864.013

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

Section 864.013 - Cost-Of-Living Increase

The state board by rule may provide a cost-of-living increase for any benefit provided by the pension system. If benefits are increased, the state board shall require an increase in monthly contributions if necessary to maintain an actuarially sound pension system.

Tex. Gov't. Code § 864.013

Amended by Acts 2019, Texas Acts of the 86th Leg.- Regular Session, ch. 1165,Sec. 20, eff. 9/1/2019.

Added by Acts 2005, 79th Leg., Ch. 803, Sec. 1, eff. 9/1/2005.