Section 76.9 - Annual Interest Rate(a) The annual interest rate established by Tex. Gov't Code § 820.102 shall be applied to a cash balance group member's accumulated account balance, adjusted for compounding, at the beginning of each month before any contribution is deposited.(b) The system shall not recalculate any annuity based on annual interest.34 Tex. Admin. Code § 76.9
Adopted by Texas Register, Volume 47, Number 36, September 9, 2022, TexReg 5498, eff. 9/14/2022