reglab/housing_qa huggingface dataset:
TX Govt Code § 820.053 (2021)
2021 Texas Statutes|Government Code|Title 8 - Public Retirement Systems|Subtitle B - Employees Retirement System of Texas|Chapter 820 - Cash Balance Benefit|Subchapter B. Cash Balance Benefits|Section 820.053. Cash Balance Benefits for Members

Sec. 820.053.  CASH BALANCE BENEFITS FOR MEMBERS.  (a)  The state match for the cash balance benefit for:(1)  service credited to the employee class of membership is an amount computed by multiplying the member's accumulated account balance by 150 percent;(2)  service credited to the employee class of membership by a member eligible to retire under this chapter as a law enforcement or custodial officer is an amount computed by multiplying the member's accumulated account balance by:(A)  except as provided by Paragraph (B), 150 percent; and(B)  for the portion of the accumulated account balance based on the member's additional two percent contribution under Section 820.101(b), including interest, attributable to service as a law enforcement or custodial officer, 300 percent, paid from the law enforcement and custodial officer supplemental retirement fund; and(3)  subject to Subsection (c), service credited to the elected class of membership is an amount computed by multiplying the member's accumulated account balance by 150 percent.(b)  The retirement system shall compute a member's cash balance annuity under this section by taking the sum of the member's accumulated account balance and the state match computed under Subsection (a) and annuitizing that amount over the life expectancy of the member as of the effective date of the member's retirement using mortality and other tables adopted by the board for that purpose under Section 815.105.(c)  For purposes of this section, a member of the elected class of membership under Section 812.002(a)(2) shall have the member's accumulated account balance computed as if the contributions to the account were based on the state base salary, excluding longevity pay payable under Section 659.0445, being paid a district judge as set by the General Appropriations Act in accordance with Section 659.012(a).|Added by Acts 2021, 87th Leg., R.S., Ch. 940 (S.B. 321), Sec. 21, eff. September 1, 2021.|
TX Govt Code § 820.054 (2021)
2021 Texas Statutes|Government Code|Title 8 - Public Retirement Systems|Subtitle B - Employees Retirement System of Texas|Chapter 820 - Cash Balance Benefit|Subchapter B. Cash Balance Benefits|Section 820.054. Death and Disability Benefits

Sec. 820.054.  DEATH AND DISABILITY BENEFITS.  (a)  Notwithstanding any other law, a member subject to this chapter, a retiree receiving a cash balance annuity under this chapter, or the beneficiary of a member or retiree described by this subsection, who qualifies for a death or survivor benefit annuity or a disability retirement annuity under Chapter 814 is entitled to a cash balance annuity under Section 820.053 instead of the annuity otherwise provided under Chapter 814.(b)  The board of trustees may enter into contracts to provide additional death and disability benefits under this chapter.|Added by Acts 2021, 87th Leg., R.S., Ch. 940 (S.B. 321), Sec. 21, eff. September 1, 2021.|
TX Govt Code § 820.101 (2021)
2021 Texas Statutes|Government Code|Title 8 - Public Retirement Systems|Subtitle B - Employees Retirement System of Texas|Chapter 820 - Cash Balance Benefit|Subchapter C. Contributions and Interest|Section 820.101. Collection of Member Contributions

Sec. 820.101.  COLLECTION OF MEMBER CONTRIBUTIONS.  (a)  Each payroll period, each department or agency of the state shall cause to be deducted from the compensation of a member subject to this chapter a contribution of six percent of the compensation of the member.(b)  In addition to the contribution under Subsection (a), each department or agency of the state that employs a law enforcement or custodial officer who is a member subject to this chapter shall deduct an additional two percent contribution from the member's compensation, to be deposited in the law enforcement and custodial officer supplemental retirement fund.|Added by Acts 2021, 87th Leg., R.S., Ch. 940 (S.B. 321), Sec. 21, eff. September 1, 2021.|
TX Govt Code § 820.102 (2021)
2021 Texas Statutes|Government Code|Title 8 - Public Retirement Systems|Subtitle B - Employees Retirement System of Texas|Chapter 820 - Cash Balance Benefit|Subchapter C. Contributions and Interest|Section 820.102. Annual Interest Adjustment

Sec. 820.102.  ANNUAL INTEREST ADJUSTMENT.  Each fiscal year, the retirement system shall deposit for a member subject to this chapter an amount equal to four percent of the member's accumulated account balance deposited into the member's individual account in the employees saving account.|Added by Acts 2021, 87th Leg., R.S., Ch. 940 (S.B. 321), Sec. 21, eff. September 1, 2021.|
TX Govt Code § 820.103 (2021)
2021 Texas Statutes|Government Code|Title 8 - Public Retirement Systems|Subtitle B - Employees Retirement System of Texas|Chapter 820 - Cash Balance Benefit|Subchapter C. Contributions and Interest|Section 820.103. Gain Sharing Interest Adjustment

Sec. 820.103.  GAIN SHARING INTEREST ADJUSTMENT.  (a)  Each fiscal year and subject to Subsection (b), the retirement system shall compute the gain sharing interest rate applicable to the subsequent fiscal year by:(1)  determining the average return on the investment of the system's cash and securities during the preceding five fiscal years, expressed as a percentage rate;(2)  subtracting four percentage points from the percentage rate determined under Subdivision (1); and(3)  multiplying the sum determined under Subdivision (2) by 50 percent.(b)  Subject to Subsection (c), in addition to the amount deposited under Section 820.102, each fiscal year, the retirement system shall:(1)  deposit into each member's individual account in the employees saving account an amount equal to the gain sharing interest rate determined under Subsection (a) for the fiscal year multiplied by the member's accumulated account balance; and(2)  recalculate the annuity of a retiree or annuitant under this chapter by multiplying the annuity by an amount equal to the gain sharing interest rate determined under Subsection (a).(c)  The gain sharing interest rate applied under Subsection (b) may not be less than zero or more than three percent.(d)  Subsection (b) applies only to a retiree who is receiving a cash balance annuity under Section 820.053.|Added by Acts 2021, 87th Leg., R.S., Ch. 940 (S.B. 321), Sec. 21, eff. September 1, 2021.|
TX Govt Code § 821.0011 (2021)
2021 Texas Statutes|Government Code|Title 8 - Public Retirement Systems|Subtitle C - Teacher Retirement System of Texas|Chapter 821 - General Provisions|Subchapter A. General Provisions|Section 821.0011. Determination of Employee or Independent Contractor Status

Sec. 821.0011.  DETERMINATION OF EMPLOYEE OR INDEPENDENT CONTRACTOR STATUS.  In determining whether an individual is an employee or independent contractor of an employer, the retirement system shall use the test applied under common law and any guidance issued by the Internal Revenue Service regarding factors to consider when determining an individual's employment status.|Added by Acts 2017, 85th Leg., R.S., Ch. 931 (S.B. 1664), Sec. 2, eff. September 1, 2017.|
TX Govt Code § 821.002 (2021)
2021 Texas Statutes|Government Code|Title 8 - Public Retirement Systems|Subtitle C - Teacher Retirement System of Texas|Chapter 821 - General Provisions|Subchapter A. General Provisions|Section 821.002. Purpose of Subtitle

Sec. 821.002.  PURPOSE OF SUBTITLE.  The purpose of this subtitle is to establish a program of benefits for members, retirees, and other beneficiaries of the retirement system and to establish rules for membership in and the management and operation of the retirement system.|Acts 1981, 67th Leg., p. 1876, ch. 453, Sec. 1, eff. Sept. 1, 1981.  Renumbered from Vernon's Ann.Civ.St. Title 110B, Sec. 31.002 by Acts 1989, 71st Leg., ch. 179, Sec. 1, eff. Sept. 1, 1989.|
TX Govt Code § 821.003 (2021)
2021 Texas Statutes|Government Code|Title 8 - Public Retirement Systems|Subtitle C - Teacher Retirement System of Texas|Chapter 821 - General Provisions|Subchapter A. General Provisions|Section 821.003. Retirement System

Sec. 821.003.  RETIREMENT SYSTEM.  The retirement system is a public entity.  Except as provided by Section 825.304, the Teacher Retirement System of Texas is the name by which all business of the retirement system shall be transacted, all its funds invested, and all its cash, securities, and other property held.|Acts 1981, 67th Leg., p. 1876, ch. 453, Sec. 1, eff. Sept. 1, 1981.  Amended by Acts 1981, 67th Leg., 1st C.S., p. 202, ch. 18, Sec. 19, eff. Nov. 10, 1981.  Renumbered from Vernon's Ann.Civ.St. Title 110B, Sec. 31.003 and amended by Acts 1989, 71st Leg., ch. 179, Sec. 1, eff. Sept. 1, 1989.Amended by: Acts 2005, 79th Leg., Ch. 1359 (S.B. 1691), Sec. 7, eff. September 1, 2005.|
TX Govt Code § 821.004 (2021)
2021 Texas Statutes|Government Code|Title 8 - Public Retirement Systems|Subtitle C - Teacher Retirement System of Texas|Chapter 821 - General Provisions|Subchapter A. General Provisions|Section 821.004. Powers and Privileges

Sec. 821.004.  POWERS AND PRIVILEGES.  The retirement system has the powers, privileges, and immunities of a corporation, as well as the powers, privileges, and immunities conferred by this subtitle.|Acts 1981, 67th Leg., p. 1876, ch. 453, Sec. 1, eff. Sept. 1, 1981.  Renumbered from Vernon's Ann.Civ.St. Title 110B, Sec. 31.004 by Acts 1989, 71st Leg., ch. 179, Sec. 1, eff. Sept. 1, 1989.|
TX Govt Code § 821.005 (2021)
2021 Texas Statutes|Government Code|Title 8 - Public Retirement Systems|Subtitle C - Teacher Retirement System of Texas|Chapter 821 - General Provisions|Subchapter A. General Provisions|Section 821.005. Exemption From Execution

Sec. 821.005.  EXEMPTION FROM EXECUTION.  All retirement allowances, annuities, refunded contributions, optional benefits, money in the various retirement system accounts, and rights accrued or accruing under this subtitle to any person are exempt from garnishment, attachment, state and municipal taxation, sale, levy, and any other process, and are unassignable.|Acts 1981, 67th Leg., p. 1876, ch. 453, Sec. 1, eff. Sept. 1, 1981.  Renumbered from Vernon's Ann.Civ.St. Title 110B, Sec. 31.005 by Acts 1989, 71st Leg., ch. 179, Sec. 1, eff. Sept. 1, 1989.|
TX Govt Code § 821.006 (2021)
2021 Texas Statutes|Government Code|Title 8 - Public Retirement Systems|Subtitle C - Teacher Retirement System of Texas|Chapter 821 - General Provisions|Subchapter A. General Provisions|Section 821.006. Action Increasing Amortization Period

Sec. 821.006.  ACTION INCREASING AMORTIZATION PERIOD.  (a)  A rate of member or state contributions to or a rate of interest or the rate of a fee required for the establishment of credit in the retirement system may not be reduced or eliminated, a type of service may not be made creditable in the retirement system, a limit on the maximum permissible amount of a type of creditable service may not be removed or raised, a new monetary benefit payable by the retirement system may not be established, and the determination of the amount of a monetary benefit from the system may not be increased, if, as a result of the particular action, the time, as determined by an actuarial valuation, required to amortize the unfunded actuarial liabilities of the retirement system would be increased to a period that exceeds 30 years by one or more years.(b)  If the amortization period for the unfunded actuarial liabilities of the retirement system exceeds 30 years by one or more years at the time an action described by Subsection (a) is proposed, the proposal may not be adopted if, as a result of the adoption, the amortization period would be increased, as determined by an actuarial valuation.|Added by Acts 1985, 69th Leg., ch. 228, Sec. 7, eff. Sept. 1, 1985.  Renumbered from Vernon's Ann.Civ.St. Title 110B, Sec. 31.006 and amended by Acts 1989, 71st Leg., ch. 179, Sec. 1, eff. Sept. 1, 1989.|
TX Govt Code § 821.007 (2021)
2021 Texas Statutes|Government Code|Title 8 - Public Retirement Systems|Subtitle C - Teacher Retirement System of Texas|Chapter 821 - General Provisions|Subchapter A. General Provisions|Section 821.007. Control of Home Office Facilities

Sec. 821.007.  CONTROL OF HOME OFFICE FACILITIES.  The buildings comprising the home office of the retirement system are under the control and custodianship of the retirement system, but the retirement system shall:(1)  comply with space use regulations provided by Section 2165.104;  the General Appropriations Act;  or other state law;  and(2)  lease to other persons at fair market value all significant unused space in the buildings.|Added by Acts 1995, 74th Leg., ch. 555, Sec. 2, eff. Sept. 1, 1995.  Amended by Acts 1997, 75th Leg., ch. 165, Sec. 17.19(20), eff. Sept. 1, 1997.|
TX Govt Code § 821.008 (2021)
2021 Texas Statutes|Government Code|Title 8 - Public Retirement Systems|Subtitle C - Teacher Retirement System of Texas|Chapter 821 - General Provisions|Subchapter A. General Provisions|Section 821.008. Purpose of Retirement System

Sec. 821.008.  PURPOSE OF RETIREMENT SYSTEM.  (a)  The purpose of the retirement system is to invest and protect funds of the retirement system and to deliver the benefits provided by statute, not to advocate or influence legislative action or inaction or to advocate higher benefits.(b)  This section does not prohibit comments by an employee of the retirement system on federal laws, regulations, or other official actions or proposed actions affecting or potentially affecting the retirement system that are made in accordance with policies adopted by the board.|Added by Acts 1995, 74th Leg., ch. 555, Sec. 3, eff. Sept. 1, 1995.Amended by: Acts 2011, 82nd Leg., R.S., Ch. 455 (S.B. 1667), Sec. 6, eff. September 1, 2011.|
TX Govt Code § 821.009 (2021)
2021 Texas Statutes|Government Code|Title 8 - Public Retirement Systems|Subtitle C - Teacher Retirement System of Texas|Chapter 821 - General Provisions|Subchapter A. General Provisions|Section 821.009. Certain Contracts for Health Care Purposes; Review by Attorney General

Sec. 821.009.  CERTAIN CONTRACTS FOR HEALTH CARE PURPOSES; REVIEW BY ATTORNEY GENERAL.  (a)  This section applies to any contract with a contract amount of $250 million or more:(1)  under which a person provides goods or services in connection with the provision of medical or health care services, coverage, or benefits; and(2)  entered into by the person and the retirement system.(b)  Notwithstanding any other law, before a contract described by Subsection (a) may be entered into by the retirement system, a representative of the office of the attorney general shall review the form and terms of the contract and may make recommendations to the retirement system for changes to the contract if the attorney general determines that the office of the attorney general has sufficient subject matter expertise and resources available to provide this service.(c)  The retirement system must notify the office of the attorney general at the time the system initiates the planning phase of the contracting process.  A representative of the office of the attorney general or another attorney advising the agency under Subsection (d) may participate in negotiations or discussions with proposed contractors and may be physically present during those negotiations or discussions.(d)  If the attorney general determines that the office of the attorney general does not have sufficient subject matter expertise or resources available to provide the services described by this section, the office of the attorney general may require the retirement system to enter into an interagency agreement or to obtain outside legal services under Section 402.0212 for the provision of services described by this section.(e)  The retirement system shall provide to the office of the attorney general any information the office of the attorney general determines is necessary to administer this section.|Added by Acts 2005, 79th Leg., Ch. 1011 (H.B. 880), Sec. 3, eff. September 1, 2005.|
TX Govt Code § 821.010 (2021)
2021 Texas Statutes|Government Code|Title 8 - Public Retirement Systems|Subtitle C - Teacher Retirement System of Texas|Chapter 821 - General Provisions|Subchapter A. General Provisions|Section 821.010. Provision of Certain Information to Comptroller

Sec. 821.010.  PROVISION OF CERTAIN INFORMATION TO COMPTROLLER.  (a)  Not later than June 1 of every fifth year, the retirement system shall provide to the comptroller, for the purpose of assisting the comptroller in the identification of persons entitled to unclaimed property reported to the comptroller, the name, address, social security number, and date of birth of each member, retiree, and beneficiary from the retirement system's records.(b)  Information provided to the comptroller under this section is confidential and may not be disclosed to the public.(c)  The retirement system shall provide the information in the format prescribed by rule of the comptroller.|Added by Acts 2009, 81st Leg., R.S., Ch. 232 (S.B. 1589), Sec. 7, eff. September 1, 2009.Amended by: Acts 2011, 82nd Leg., 1st C.S., Ch. 4 (S.B. 1), Sec. 47.02, eff. September 28, 2011.|
TX Govt Code § 821.101 (2021)
2021 Texas Statutes|Government Code|Title 8 - Public Retirement Systems|Subtitle C - Teacher Retirement System of Texas|Chapter 821 - General Provisions|Subchapter B. Penal Provisions|Section 821.101. Conversion of Funds; Fraud

Sec. 821.101.  CONVERSION OF FUNDS;  FRAUD.  (a)  A person commits an offense if the person knowingly or intentionally confiscates, misappropriates, or converts funds that represent deductions from a member's salary or that belong to the retirement system.(b)  A person commits an offense if the person knowingly or intentionally makes or permits the making of a false record for or statement to the retirement system in an attempt to defraud the retirement system.(c)  A member commits an offense if the member intentionally receives as a salary money that should have been deducted as provided by this subtitle from the member's salary.(d)  A person commits an offense if the person knowingly or intentionally violates a requirement of this subtitle other than ones described by Subsection (a), (b), or (c).|Acts 1981, 67th Leg., p. 1876, ch. 453, Sec. 1, eff. Sept. 1, 1981.  Renumbered from Vernon's Ann.Civ.St. Title 110B, Sec. 31.101 and amended by Acts 1989, 71st Leg., ch. 179, Sec. 1, eff. Sept. 1, 1989.|
TX Govt Code § 821.102 (2021)
2021 Texas Statutes|Government Code|Title 8 - Public Retirement Systems|Subtitle C - Teacher Retirement System of Texas|Chapter 821 - General Provisions|Subchapter B. Penal Provisions|Section 821.102. Penalties

Sec. 821.102.  PENALTIES.  (a)  An offense under Section 821.101(a) or 821.101(b) is a felony punishable by imprisonment in the Texas Department of Criminal Justice for not less than one nor more than five years.(b)  An offense under Section 821.101(c) is a misdemeanor punishable by a fine of not less than $100 nor more than $500.(c)  An offense under Section 821.101(d) is a misdemeanor punishable by a fine of not less than $100 nor more than $1,000.|Acts 1981, 67th Leg., p. 1876, ch. 453, Sec. 1, eff. Sept. 1, 1981.  Renumbered from Vernon's Ann.Civ.St. Title 110B, Sec. 31.102 and amended by Acts 1989, 71st Leg., ch. 179, Sec. 1, eff. Sept. 1, 1989.Amended by: Acts 2009, 81st Leg., R.S., Ch. 87 (S.B. 1969), Sec. 25.084, eff. September 1, 2009.|
TX Govt Code § 821.103 (2021)
2021 Texas Statutes|Government Code|Title 8 - Public Retirement Systems|Subtitle C - Teacher Retirement System of Texas|Chapter 821 - General Provisions|Subchapter B. Penal Provisions|Section 821.103. Cancellation of Teacher Certificate

Sec. 821.103.  CANCELLATION OF TEACHER CERTIFICATE.  (a)  After receiving notice from the board of trustees of an offense under Section 821.101 and after complying with Chapter 2001 and rules adopted by the State Board for Educator Certification, the State Board for Educator Certification may cancel the teacher certificate of a person if the State Board for Educator Certification determines that the person committed the offense.(b)  The executive director of the State Board for Educator Certification may enter into an agreed sanction.(c)  A criminal prosecution of an offender under Section 821.101 is not a prerequisite to action by the State Board for Educator Certification or its executive director.|Acts 1981, 67th Leg., p. 1876, ch. 453, Sec. 1, eff. Sept. 1, 1981.  Renumbered from Vernon's Ann.Civ.St. Title 110B, Sec. 31.103 and amended by Acts 1989, 71st Leg., ch. 179, Sec. 1, eff. Sept. 1, 1989.  Amended by Acts 2001, 77th Leg., ch. 1229, Sec. 2, eff. Sept. 1, 2001.|
TX Govt Code § 822.001 (2021)
2021 Texas Statutes|Government Code|Title 8 - Public Retirement Systems|Subtitle C - Teacher Retirement System of Texas|Chapter 822 - Membership|Subchapter A. Membership|Section 822.001. Membership Requirement

Sec. 822.001.  MEMBERSHIP REQUIREMENT.  (a)  Membership in the retirement system includes:(1)  all persons who were members of the retirement system on the day before the effective date of this subtitle;  and(2)  all employees of the public school system.(b)  Membership in the retirement system is a condition of employment for employees of the public school system unless an employee is excluded from membership under Section 822.002.(c)  Membership in the retirement system may only be established through employment with a single employer on at least a half-time basis.|Acts 1981, 67th Leg., p. 1876, ch. 453, Sec. 1, eff. Sept. 1, 1981.  Renumbered from Vernon's Ann.Civ.St. Title 110B, Sec. 32.001 and amended by Acts 1989, 71st Leg., ch. 179, Sec. 1, eff. Sept. 1, 1989;  Acts 2003, 78th Leg., ch. 201, Sec. 43, eff. Sept. 1, 2003.Amended by: Acts 2015, 84th Leg., R.S., Ch. 1102 (H.B. 2974), Sec. 2, eff. September 1, 2015.|
TX Govt Code § 822.0015 (2021)
2021 Texas Statutes|Government Code|Title 8 - Public Retirement Systems|Subtitle C - Teacher Retirement System of Texas|Chapter 822 - Membership|Subchapter A. Membership|Section 822.0015. Optional Membership for Certain Officials

Sec. 822.0015.  OPTIONAL MEMBERSHIP FOR CERTAIN OFFICIALS.  (a)  In lieu of participating in the Employees Retirement System of Texas, the commissioner of education may elect to participate in the retirement system in the same manner and under the same conditions as a member who is an employee of the public school system.(b)  An election by the commissioner of education to participate in the retirement system must be on a form prescribed by the retirement system for that purpose.(c)  Notwithstanding Section 821.001, if the commissioner of education elects to participate in the retirement system, the State Board of Education is the employer of the commissioner for purposes of this subtitle.|Added by Acts 2003, 78th Leg., ch. 655, Sec. 1, eff. June 20, 2003.|