Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 864.001 - Eligibility for Service Retirement Annuity(a) The state board by rule shall determine the period of qualified service and, if appropriate, the age required for a member to receive a service retirement annuity with full benefits after the member terminates service with a participating department. The state board by rule may provide for partial vesting of benefits after a particular period.(b) The state board may change the benefit formula for any person who is not a retiree of the pension system.Tex. Gov't. Code § 864.001
Amended by Acts 2019, Texas Acts of the 86th Leg.- Regular Session, ch. 1165,Sec. 11, eff. 9/1/2019.Added by Acts 2005, 79th Leg., Ch. 803, Sec. 1, eff. 9/1/2005.