Tex. Gov't Code § 845.316

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

Section 845.316 - Transfer of Assets on Retirement

(a) When a member retires, the retirement system shall transfer from the employees saving fund to the subdivision accumulation fund, the member's accumulated contributions.

(b) When a member retires from a subdivision that has terminated participation with the retirement system under Subchapter A-1, Chapter 842, the retirement system shall transfer the member's individual account to the closed subdivision annuity reserve fund.

(c) Repealed by Acts 2007, 80th Leg., R.S., Ch. 873, Sec. 92(30), eff. January 1, 2008.

Tex. Gov't. Code § 845.316

Amended by Acts 2015, Texas Acts of the 84th Leg. - Regular Session, ch. 303,Sec. 9, eff. 6/1/2015.

Amended By Acts 2007, 80th Leg., R.S., Ch. 873, Sec. 81, eff. 1/1/2008.

Amended By Acts 2007, 80th Leg., R.S., Ch. 873, Sec. 82, eff. 1/1/2008.

Amended By Acts 2007, 80th Leg., R.S., Ch. 873, Sec. 92(30), eff. 1/1/2008.

Amended By Acts 2001, 77th Leg., ch. 122, Sec. 51, eff. 12/31/2001.

Amended by Acts 1991, 72nd Leg., ch. 460, Sec. 28, eff. 8/26/1992

Amended by Acts 1981, 67th Leg., 1st C.S., p. 217, ch. 18, Sec. 63, eff. 11/10/1981. Renumbered from Vernon's Ann.Civ.St. Title 110B, Sec. 55.315 by Acts 1989, 71st Leg., ch. 179, Sec. 1, eff. 9/1/1989.

Acts 1981, 67th Leg., p. 1876, ch. 453, Sec. 1, eff. 9/1/1981.