Tex. Gov't Code § 840A.052

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

Section 840A.052 - Eligibility For Cash Balance Benefit

A member is eligible to retire and receive a cash balance annuity if the member:

(1) is at least 60 years old and has at least eight years of service credited in the retirement system; or

(2) is at least 50 years old and has at least 12 years of service credited in the retirement system.

Tex. Gov't. Code § 840A.052

Added by Acts 2023, Texas Acts of the 88th Leg.- Regular Session, ch. 1092,Sec. 16, eff. 6/18/2023.