Tex. Gov't Code § 854.007

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

Section 854.007 - Limitation on Payment of Benefits

If the amount of a benefit payment under this subtitle would exceed the limitations provided by Section 415, Internal Revenue Code of 1986, and its subsequent amendments, and the regulations adopted under that section, the retirement system shall reduce the amount of the benefit to comply with that section.

Tex. Gov't. Code § 854.007

Amended by Acts 1995, 74th Leg., ch. 514, Sec. 12 to 14, eff. 9/1/1995; Acts 1997, 75th Leg., ch. 76, Sec. 7, eff. 9/1/1997; Acts 2001, 77th Leg., ch. 121, Sec. 11, eff. 1/1/2002.

Added by Acts 1993, 73rd Leg., ch. 57, Sec. 12, eff. 1/1/1994.