reglab/housing_qa huggingface dataset:
TX Govt Code § 803.302 (2021)
2021 Texas Statutes|Government Code|Title 8 - Public Retirement Systems|Subtitle A - Provisions Generally Applicable to Public Retirement Systems|Chapter 803 - Proportionate Retirement Program|Subchapter D. Benefits|Section 803.302. Computation of Certain Benefits

Sec. 803.302.  COMPUTATION OF CERTAIN BENEFITS.  (a)  If payable to or on behalf of a person who has used combined service credit to qualify for benefits from at least one retirement system to which this chapter applies, each of the following types of benefits must be computed as provided by Subsection (b):(1)  a base retirement annuity that does not vary in amount directly with the amount of a person's service credit;(2)  a fixed lump-sum death benefit payable on the death of a retiree;(3)  any death benefit payable on the death of a retiree who received service retirement benefits;  and(4)  a survivor benefit payable to a beneficiary of a deceased retiree of the Teacher Retirement System of Texas.(b)  The amount of a benefit payable under Subsection (a) by a retirement system to which this chapter applies is a percentage, but not more than 100 percent, of the benefit that would be or would have been payable if the person retired or had retired on the basis of only the service that is credited in that system.  The percentage applied is equal to the amount of service credit in that system, divided by the amount of service credit that would be or would have been required for the benefit if the person retired or had retired on the basis of only the service that is credited in that 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. 13.302 and amended by Acts 1989, 71st Leg., ch. 179, Sec. 1, eff. Sept. 1, 1989.  Amended by Acts 1991, 72nd Leg., ch. 131, Sec. 8, eff. Sept. 1, 1991.|
TX Govt Code § 803.401 (2021)
2021 Texas Statutes|Government Code|Title 8 - Public Retirement Systems|Subtitle A - Provisions Generally Applicable to Public Retirement Systems|Chapter 803 - Proportionate Retirement Program|Subchapter E. Administration|Section 803.401. Administration of Program

Sec. 803.401.  ADMINISTRATION OF PROGRAM.  (a)  The board of trustees of each retirement system to which this chapter applies may adopt rules it finds necessary to implement the proportionate retirement program provided by this chapter.(b)  Each retirement system to which this chapter applies, under this chapter and other laws governing the particular system, is responsible for determining:(1)  the eligibility of its members for benefits, including whether sufficient combined service credit exists to qualify members for proportionate retirement benefits from that system;  and(2)  the amount and duration of proportionate retirement benefits payable by that system.(c)  Each retirement system to which this chapter applies shall cooperate with the other retirement systems to which this chapter applies in the implementation of the proportionate retirement program.|Acts 1981, 67th Leg., p. 1876, ch. 453, Sec. 1, eff. Sept. 1, 1981.  Renumbered from Vernon's Ann.Civ.St. Title 110B, Sec. 13.401 by Acts 1989, 71st Leg., ch. 179, Sec. 1, eff. Sept. 1, 1989.  Amended by Acts 1991, 72nd Leg., ch. 131, Sec. 8, eff. Sept. 1, 1991.|
TX Govt Code § 803.402 (2021)
2021 Texas Statutes|Government Code|Title 8 - Public Retirement Systems|Subtitle A - Provisions Generally Applicable to Public Retirement Systems|Chapter 803 - Proportionate Retirement Program|Subchapter E. Administration|Section 803.402. Records

Sec. 803.402.  RECORDS.  Except as provided by other law, records of members and beneficiaries of a retirement system to which this chapter applies that are in the custody of any retirement system to which this chapter applies are confidential and not subject to disclosure and are exempt from the public access provisions of Chapter 552.  The records or information in the records may be transferred between retirement systems to which this chapter applies to the extent necessary to administer the proportionate retirement program provided by this chapter.|Acts 1981, 67th Leg., p. 1876, ch. 453, Sec. 1, eff. Sept. 1, 1981.  Amended by Acts 1989, 71st Leg., ch. 835, Sec. 11, eff. Sept. 1, 1989.  Renumbered from Vernon's Ann.Civ.St. Title 110B, Sec. 13.402 by Acts 1989, 71st Leg., ch. 179, Sec. 1, eff. Sept. 1, 1989.  Amended by Acts 1991, 72nd Leg., ch. 16, Sec. 11.05(k), eff. Aug. 26, 1991;  Acts 1991, 72nd Leg., ch. 131, Sec. 8, eff. Sept. 1, 1991;  Acts 1995, 74th Leg., ch. 76, Sec. 5.95(96), eff. Sept. 1, 1995;  Acts 1999, 76th Leg., ch. 1541, Sec. 1, eff. Sept. 1, 1999;  Acts 2001, 77th Leg., ch. 1229, Sec. 1, eff. Sept. 1, 2001.|
TX Govt Code § 804.002 (2021)
2021 Texas Statutes|Government Code|Title 8 - Public Retirement Systems|Subtitle A - Provisions Generally Applicable to Public Retirement Systems|Chapter 804 - Domestic Relations Orders and Spousal Consent|Subchapter A. Qualified Domestic Relations Orders|Section 804.002. Application of Chapters

Sec. 804.002.  APPLICATION OF CHAPTERS.  This subchapter and Subchapter C  apply to each statewide retirement system and to the optional retirement program governed by Chapter 830. This subchapter and Subchapter C also apply to each other public retirement system for which the board of trustees of the system elects to adopt the provisions of this subchapter and Subchapter C. An election under this section must be by order or resolution and need not set out the text of this subchapter or Subchapter C. A board of trustees may not elect to adopt only this subchapter or Subchapter C.|Added by Acts 1991, 72nd Leg., ch. 16, Sec. 11.02(a), eff. Aug. 26, 1991.|
TX Govt Code § 804.004 (2021)
2021 Texas Statutes|Government Code|Title 8 - Public Retirement Systems|Subtitle A - Provisions Generally Applicable to Public Retirement Systems|Chapter 804 - Domestic Relations Orders and Spousal Consent|Subchapter A. Qualified Domestic Relations Orders|Section 804.004. Life Annuity or Lump-Sum Payment in Lieu of Benefits Awarded by a Qualified Domestic Relations Order

Sec. 804.004.  LIFE ANNUITY OR LUMP-SUM PAYMENT IN LIEU OF BENEFITS AWARDED BY A QUALIFIED DOMESTIC RELATIONS ORDER.  (a)  The board of trustees of a public retirement system to which this chapter applies may by rule provide that, in lieu of paying an alternate beneficiary the interest awarded by a qualified domestic relations order, the system may pay the alternate beneficiary an amount that is the actuarial equivalent of such interest in the form of:(1)  an annuity payable in equal monthly installments for the life of the alternate payee;  or(2)  a lump sum.(b)  The determination of whether to pay an amount authorized by this section in lieu of the interest awarded by the qualified domestic relations order shall be at the sole discretion of the public retirement system.(c)  If a public retirement system elects to pay the alternate payee pursuant to this section, the benefit payable by the system to the member, retiree, or beneficiary shall be reduced by the interest in the benefit awarded to the alternate payee by the qualified domestic relations order.(d)  If the public retirement system pays the alternate payee pursuant to this section, the retirement system shall be entitled to rely on a beneficiary designation or benefit option selection made or changed pursuant to its plan without regard to any domestic relations order.|Added by Acts 1991, 72nd Leg., ch. 16, Sec. 11.02(a), eff. Aug. 26, 1991.|
TX Govt Code § 804.005 (2021)
2021 Texas Statutes|Government Code|Title 8 - Public Retirement Systems|Subtitle A - Provisions Generally Applicable to Public Retirement Systems|Chapter 804 - Domestic Relations Orders and Spousal Consent|Subchapter A. Qualified Domestic Relations Orders|Section 804.005. Payment in Certain Circumstances in Lieu of Benefits Awarded by Qualified Domestic Relations Order

Sec. 804.005.  PAYMENT IN CERTAIN CIRCUMSTANCES IN LIEU OF BENEFITS AWARDED BY QUALIFIED DOMESTIC RELATIONS ORDER.  (a)  This section applies only to the Employees Retirement System of Texas and the Teacher Retirement System of Texas.(b)  A public retirement system to which this section applies shall pay an alternate payee of a member of the retirement system who is described by Subsection (c), if the alternate payee so elects and in lieu of the interest awarded by a qualified domestic relations order on or after January 1, 1985, an amount that is the alternate payee's portion of the actuarial equivalent of the accrued retirement benefit of the member of the retirement system, determined as if the member retired on the date of the alternate payee's election.  The amount becomes payable at the time the actuarial equivalent is determined, and the amount is payable in the form of an annuity payable in equal monthly installments for the life of the alternate payee.(c)  A member whose benefits are subject to partial payment under this section is one who has not retired from the retirement system, has attained the greater of the age of 62 or normal retirement age and the service requirements for service retirement, and retains credit and contributions in the retirement system attributable to that service.(d)  If an alternate payee elects to be paid under this section, the retirement system shall reduce the benefit payable by the system to the member or the member's beneficiary by the alternate payee's portion of the actuarial equivalent determined under Subsection (b).(e)  In determining under Subsection (b) the actuarial equivalent of an accrued retirement benefit, the system shall consider the member's benefit as a normal age standard service retirement annuity, without regard to any optional annuity chosen or beneficiary designated by the member.(f)  The beginning of monthly payments under this section terminates any interest that the alternate payee who receives the payment might otherwise have in benefits that accrue to the account of the member after the date the initial payment to the alternate payee is made.(g)  A public retirement system may adopt rules for administration of this section.|Added by Acts 1993, 73rd Leg., ch. 867, Sec. 1, eff. Sept. 1, 1993.|
TX Govt Code § 804.051 (2021)
2021 Texas Statutes|Government Code|Title 8 - Public Retirement Systems|Subtitle A - Provisions Generally Applicable to Public Retirement Systems|Chapter 804 - Domestic Relations Orders and Spousal Consent|Subchapter B. Spousal Consent Requirements|Section 804.051. Authority to Require Spousal Consent

Sec. 804.051.  AUTHORITY TO REQUIRE SPOUSAL CONSENT.  A public retirement system may adopt rules to require spousal consent for the selection of a service retirement annuity other than a joint and survivor annuity that pays benefits to the member's spouse on the death of the member or for the selection of a death benefits plan that pays benefits in the form of an annuity to a person other than the member's spouse on the death of the member.|Added by Acts 1991, 72nd Leg., ch. 16, Sec. 11.02(a), eff. Aug. 26, 1991.|
TX Govt Code § 804.101 (2021)
2021 Texas Statutes|Government Code|Title 8 - Public Retirement Systems|Subtitle A - Provisions Generally Applicable to Public Retirement Systems|Chapter 804 - Domestic Relations Orders and Spousal Consent|Subchapter C. Termination of Interest in Public Retirement System|Section 804.101. Termination of Interest in Public Retirement System

Sec. 804.101.  TERMINATION OF INTEREST IN PUBLIC RETIREMENT SYSTEM.  The death of an alternate payee as defined in Section 804.001 or the death of a spouse of a member or retiree of a public retirement system to which this chapter applies shall terminate the interest of the alternate payee or spouse in that public retirement system.  This section shall not affect an interest in a public retirement system accrued to an individual as a member of the public retirement system.|Added by Acts 1991, 72nd Leg., ch. 16, Sec. 11.02(a), eff. Aug. 26, 1991.|
TX Govt Code § 808.001 (2021)
2021 Texas Statutes|Government Code|Title 8 - Public Retirement Systems|Subtitle A - Provisions Generally Applicable to Public Retirement Systems|Chapter 808 - Prohibition on Investment in Companies That Boycott Israel|Subchapter A. General Provisions|Section 808.001. Definitions

Sec. 808.001.  DEFINITIONS.  In this chapter:(1)  "Boycott Israel" means refusing to deal with, terminating business activities with, or otherwise taking any action that is intended to penalize, inflict economic harm on, or limit commercial relations specifically with Israel, or with a person or entity doing business in Israel or in an Israeli-controlled territory, but does not include an action made for ordinary business purposes.(2)  "Company" means a for-profit sole proprietorship, organization, association, corporation, partnership, joint venture, limited partnership, limited liability partnership, or limited liability company, including a wholly owned subsidiary, majority-owned subsidiary, parent company, or affiliate of those entities or business associations that exists to make a profit.(3)  "Direct holdings" means, with respect to a company, all securities of that company held directly by a state governmental entity in an account or fund in which a state governmental entity owns all shares or interests.(4)  "Indirect holdings" means, with respect to a company, all securities of that company held in an account or fund, such as a mutual fund, managed by one or more persons not employed by a state governmental entity, in which the state governmental entity owns shares or interests together with other investors not subject to the provisions of this chapter.  The term does not include money invested under a plan described by Section 401(k) or 457 of the Internal Revenue Code of 1986.(5)  "Listed company" means a company listed by the comptroller under Section 808.051.(6)  "State governmental entity" means:(A)  the Employees Retirement System of Texas, including a retirement system administered by that system;(B)  the Teacher Retirement System of Texas;(C)  the Texas Municipal Retirement System;(D)  the Texas County and District Retirement System;(E)  the Texas Emergency Services Retirement System; and(F)  the permanent school fund.|Added by Acts 2017, 85th Leg., R.S., Ch. 1 (H.B. 89), Sec. 2, eff. September 1, 2017.|
TX Govt Code § 808.002 (2021)
2021 Texas Statutes|Government Code|Title 8 - Public Retirement Systems|Subtitle A - Provisions Generally Applicable to Public Retirement Systems|Chapter 808 - Prohibition on Investment in Companies That Boycott Israel|Subchapter A. General Provisions|Section 808.002. Other Legal Obligations

Sec. 808.002.  OTHER LEGAL OBLIGATIONS.  With respect to actions taken in compliance with this chapter, including all good faith determinations regarding companies as required by this chapter, a state governmental entity and the comptroller are exempt from any conflicting statutory or common law obligations, including any obligations with respect to making investments, divesting from any investment, preparing or maintaining any list of companies, or choosing asset managers, investment funds, or investments for the state governmental entity's securities portfolios.|Added by Acts 2017, 85th Leg., R.S., Ch. 1 (H.B. 89), Sec. 2, eff. September 1, 2017.|
TX Govt Code § 808.003 (2021)
2021 Texas Statutes|Government Code|Title 8 - Public Retirement Systems|Subtitle A - Provisions Generally Applicable to Public Retirement Systems|Chapter 808 - Prohibition on Investment in Companies That Boycott Israel|Subchapter A. General Provisions|Section 808.003. Indemnification of State Governmental Entities, Employees, and Others

Sec. 808.003.  INDEMNIFICATION OF STATE GOVERNMENTAL ENTITIES, EMPLOYEES, AND OTHERS.  In a cause of action based on an action, inaction, decision, divestment, investment, company communication, report, or other determination made or taken in connection with this chapter, the state shall, without regard to whether the person performed services for compensation, indemnify and hold harmless for actual damages, court costs, and attorney's fees adjudged against, and defend:(1)  an employee, a member of the governing body, or any other officer of a state governmental entity;(2)  a contractor of a state governmental entity;(3)  a former employee, a former member of the governing body, or any other former officer of a state governmental entity who was an employee, member of the governing body, or other officer when the act or omission on which the damages are based occurred;(4)  a former contractor of a state governmental entity who was a contractor when the act or omission on which the damages are based occurred; and(5)  a state governmental entity.|Added by Acts 2017, 85th Leg., R.S., Ch. 1 (H.B. 89), Sec. 2, eff. September 1, 2017.|
TX Govt Code § 808.004 (2021)
2021 Texas Statutes|Government Code|Title 8 - Public Retirement Systems|Subtitle A - Provisions Generally Applicable to Public Retirement Systems|Chapter 808 - Prohibition on Investment in Companies That Boycott Israel|Subchapter A. General Provisions|Section 808.004. No Private Cause of Action

Sec. 808.004.  NO PRIVATE CAUSE OF ACTION.  (a)  A person, including a member, retiree, or beneficiary of a retirement system to which this chapter applies, an association, a research firm, a company, or any other person may not sue or pursue a private cause of action against the state, a state governmental entity, a current or former employee, a member of the governing body, or any other officer of a state governmental entity, or a contractor of a state governmental entity, for any claim or cause of action, including breach of fiduciary duty, or for violation of any constitutional, statutory, or regulatory requirement in connection with any action, inaction, decision, divestment, investment, company communication, report, or other determination made or taken in connection with this chapter.(b)  A person who files suit against the state, a state governmental entity, an employee, a member of the governing body, or any other officer of a state governmental entity, or a contractor of a state governmental entity, is liable for paying the costs and attorney's fees of a person sued in violation of this section.|Added by Acts 2017, 85th Leg., R.S., Ch. 1 (H.B. 89), Sec. 2, eff. September 1, 2017.|
TX Govt Code § 808.005 (2021)
2021 Texas Statutes|Government Code|Title 8 - Public Retirement Systems|Subtitle A - Provisions Generally Applicable to Public Retirement Systems|Chapter 808 - Prohibition on Investment in Companies That Boycott Israel|Subchapter A. General Provisions|Section 808.005. Inapplicability of Requirements Inconsistent With Fiduciary Responsibilities and Related Duties

Sec. 808.005.  INAPPLICABILITY OF REQUIREMENTS INCONSISTENT WITH FIDUCIARY RESPONSIBILITIES AND RELATED DUTIES.  A state governmental entity is not subject to a requirement of this chapter if the state governmental entity determines that the requirement would be inconsistent with its fiduciary responsibility with respect to the investment of entity assets or other duties imposed by law relating to the investment of entity assets, including the duty of care established under Section 67, Article XVI, Texas Constitution.|Added by Acts 2017, 85th Leg., R.S., Ch. 1 (H.B. 89), Sec. 2, eff. September 1, 2017.|
TX Govt Code § 808.006 (2021)
2021 Texas Statutes|Government Code|Title 8 - Public Retirement Systems|Subtitle A - Provisions Generally Applicable to Public Retirement Systems|Chapter 808 - Prohibition on Investment in Companies That Boycott Israel|Subchapter A. General Provisions|Section 808.006. Reliance on Company Response

Sec. 808.006.  RELIANCE ON COMPANY RESPONSE.  The comptroller and a state governmental entity may rely on a company's response to a notice or communication made under this chapter without conducting any further investigation, research, or inquiry.|Added by Acts 2017, 85th Leg., R.S., Ch. 1 (H.B. 89), Sec. 2, eff. September 1, 2017.|
TX Govt Code § 808.051 (2021)
2021 Texas Statutes|Government Code|Title 8 - Public Retirement Systems|Subtitle A - Provisions Generally Applicable to Public Retirement Systems|Chapter 808 - Prohibition on Investment in Companies That Boycott Israel|Subchapter B. Duties Regarding Investments|Section 808.051. Listed Companies

Sec. 808.051.  LISTED COMPANIES.  (a)  The comptroller shall prepare and maintain, and provide to each state governmental entity, a list of all companies that boycott Israel.  In maintaining the list, the comptroller may review and rely, as appropriate in the comptroller's judgment, on publicly available information regarding companies, including information provided by the state, nonprofit organizations, research firms, international organizations, and governmental entities.(b)  The comptroller shall update the list annually or more often as the comptroller considers necessary, but not more often than quarterly, based on information from, among other sources, those listed in Subsection (a).(c)  Not later than the 30th day after the date the list of companies that boycott Israel is first provided or updated, the comptroller shall file the list with the presiding officer of each house of the legislature and the attorney general and post the list on a publicly available website.|Added by Acts 2017, 85th Leg., R.S., Ch. 1 (H.B. 89), Sec. 2, eff. September 1, 2017.|
TX Govt Code § 808.052 (2021)
2021 Texas Statutes|Government Code|Title 8 - Public Retirement Systems|Subtitle A - Provisions Generally Applicable to Public Retirement Systems|Chapter 808 - Prohibition on Investment in Companies That Boycott Israel|Subchapter B. Duties Regarding Investments|Section 808.052. Identification of Investment in Listed Companies

Sec. 808.052.  IDENTIFICATION OF INVESTMENT IN LISTED COMPANIES.  Not later than the 30th day after the date a state governmental entity receives the list provided under Section 808.051, the state governmental entity shall notify the comptroller of the listed companies in which the state governmental entity owns direct holdings or indirect holdings.|Added by Acts 2017, 85th Leg., R.S., Ch. 1 (H.B. 89), Sec. 2, eff. September 1, 2017.|
TX Govt Code § 808.053 (2021)
2021 Texas Statutes|Government Code|Title 8 - Public Retirement Systems|Subtitle A - Provisions Generally Applicable to Public Retirement Systems|Chapter 808 - Prohibition on Investment in Companies That Boycott Israel|Subchapter B. Duties Regarding Investments|Section 808.053. Actions Relating to Listed Company

Sec. 808.053.  ACTIONS RELATING TO LISTED COMPANY.  (a)  For each listed company identified under Section 808.052, the state governmental entity shall send a written notice:(1)   informing the company of its status as a listed company;(2)   warning the company that it may become subject to divestment by state governmental entities after the expiration of the period described by Subsection (b); and(3)  offering the company the opportunity to clarify its Israel-related activities.(b)  Not later than the 90th day after the date the company receives notice under Subsection (a), the company must cease boycotting Israel in order to avoid qualifying for divestment by state governmental entities.(c)  If, during the time provided by Subsection (b), the company ceases boycotting Israel, the comptroller shall remove the company from the list maintained under Section 808.051 and this chapter will no longer apply to the company unless it resumes boycotting Israel.(d)  If, after the time provided by Subsection (b) expires, the company continues to boycott Israel, the state governmental entity shall sell, redeem, divest, or withdraw all publicly traded securities of the company, except securities described by Section 808.055, according to the schedule provided by Section 808.054.|Added by Acts 2017, 85th Leg., R.S., Ch. 1 (H.B. 89), Sec. 2, eff. September 1, 2017.|