reglab/housing_qa huggingface dataset:
TX Govt Code § 815.318 (2021)
2021 Texas Statutes|Government Code|Title 8 - Public Retirement Systems|Subtitle B - Employees Retirement System of Texas|Chapter 815 - Administration|Subchapter D. Management of Assets|Section 815.318. Transfer of Assets From Interest Account

Sec. 815.318.  TRANSFER OF ASSETS FROM INTEREST ACCOUNT.  (a)  The retirement system shall transfer from the interest account to the employees saving account amounts of interest computed under Section 815.311 at the following times:(1)  as required during the fiscal year for a member's account in the retirement system that is closed before the last day of the fiscal year;  and(2)  as of the last day of the fiscal year for a member's account that is not closed before the last day of the fiscal year.(b)  As required during the year, the retirement system shall transfer from the interest account to the expense account amounts it determines necessary for the payment of the retirement system's expenses that exceed the amount of money available for those expenses.(c)  As of the last day of each fiscal year, the retirement system shall transfer from the interest account to the retirement annuity reserve account an amount equal to:(1)  five percent of the mean amount in the retirement annuity reserve account for that fiscal year;  or(2)  an amount computed at a greater rate if the actuary recommends the greater rate to finance adequately the annuities payable from the retirement annuity reserve account.(d)  After making the transfers required by this section, the retirement system, as of the last day of each fiscal year, shall transfer the amount remaining in the interest account to the state accumulation account.|Acts 1981, 67th Leg., p. 1876, ch. 453, Sec. 1, eff. Sept. 1, 1981.  Amended by Acts 1985, 69th Leg., ch. 91, Sec. 16, eff. Sept. 1, 1985;  Acts 1987, 70th Leg., ch. 3, Sec. 1, eff. March 12, 1987.  Renumbered from Vernon's Ann.Civ.St. Title 110B, Sec. 25.314 and amended by Acts 1989, 71st Leg., ch. 179, Sec. 1, eff. Sept. 1, 1989.  Amended by Acts 1993, 73rd Leg., ch. 791, Sec. 20, eff. Sept. 1, 1993;  Acts 2001, 77th Leg., ch. 1231, Sec. 22, eff. Sept. 1, 2001.|
TX Govt Code § 815.319 (2021)
2021 Texas Statutes|Government Code|Title 8 - Public Retirement Systems|Subtitle B - Employees Retirement System of Texas|Chapter 815 - Administration|Subchapter D. Management of Assets|Section 815.319. Transfer of Assets on Retirement and Restoration to Active Service

Sec. 815.319.  TRANSFER OF ASSETS ON RETIREMENT AND RESTORATION TO ACTIVE SERVICE.  (a)  When a member retires, the retirement system shall transfer:(1)  from the employees saving account to the retirement annuity reserve account, an amount equal to the member's accumulated contributions;  and(2)  from the state accumulation account to the retirement annuity reserve account, an amount equal to the difference between the total reserve at present worth reserve value of the member's retirement annuity and the amount credited to the member's individual account as of the day of retirement.(b)  If a person who receives disability benefits has those benefits terminated under Section 814.210, the retirement system shall transfer the balance of the person's retirement reserve from the retirement annuity reserve account to the employees saving account and to the state accumulation account in proportion to the original amount transferred to the retirement annuity reserve account from those accounts.|Acts 1981, 67th Leg., p. 1876, ch. 453, Sec. 1, eff. Sept. 1, 1981.  Amended by Acts 1985, 69th Leg., ch. 91, Sec. 16, eff. Sept. 1, 1985.  Renumbered from Vernon's Ann.Civ.St. Title 110B, Sec. 25.315 and amended by Acts 1989, 71st Leg., ch. 179, Sec. 1, eff. Sept. 1, 1989.|
TX Govt Code § 815.321 (2021)
2021 Texas Statutes|Government Code|Title 8 - Public Retirement Systems|Subtitle B - Employees Retirement System of Texas|Chapter 815 - Administration|Subchapter D. Management of Assets|Section 815.321. Transfer of Assets for Death Benefit Annuities

Sec. 815.321.  TRANSFER OF ASSETS FOR DEATH BENEFIT ANNUITIES.  (a)  When a member dies who selected or was eligible to select a death benefit plan, or whose beneficiary is eligible to receive an annuity under Section 814.302(b) or 814.304, the retirement system shall transfer:(1)  from the employees saving account to the retirement annuity reserve account, an amount equal to the member's accumulated contributions;  and(2)  from the state accumulation account to the retirement annuity reserve account, an amount equal to the difference between the total reserve, at present worth reserve value, of the death benefit annuity and the amount credited to the member's individual account as of the day of the member's death.|Acts 1981, 67th Leg., p. 1876, ch. 453, Sec. 1, eff. Sept. 1, 1981.  Amended by Acts 1985, 69th Leg., ch. 91, Sec. 16, eff. Sept. 1, 1985.  Renumbered from Vernon's Ann.Civ.St. Title 110B, Sec. 25.317 and amended by Acts 1989, 71st Leg., ch. 179, Sec. 1, eff. Sept. 1, 1989.|
TX Govt Code § 815.322 (2021)
2021 Texas Statutes|Government Code|Title 8 - Public Retirement Systems|Subtitle B - Employees Retirement System of Texas|Chapter 815 - Administration|Subchapter D. Management of Assets|Section 815.322. Transfer of Assets to Adjust Amount in Retirement Annuity Reserve Account

Sec. 815.322.  TRANSFER OF ASSETS TO ADJUST AMOUNT IN RETIREMENT ANNUITY RESERVE ACCOUNT.  After making the transfers required by Section 815.318, the executive director shall make a transfer to make the amount in the retirement annuity reserve account equal, as of the last day of each fiscal year, to the actuarial present value of the annuities for which a transfer of assets has been made as required by Section 815.319.  The transfer shall be:(1)  a transfer from the retirement annuity reserve account to the state accumulation account of the amount by which the amount in the retirement annuity reserve account exceeds the actuarial present value of the annuities;  or(2)  a transfer from the state accumulation account to the retirement annuity reserve account of the amount by which the actuarial present value of the annuities exceeds the amount in the retirement annuity reserve account.|Added by Acts 1987, 70th Leg., ch. 3, Sec. 2, eff. March 12, 1987.  Renumbered from Vernon's Ann.Civ.St. Title 110B, Sec. 25.318 and amended by Acts 1989, 71st Leg., ch. 179, Sec. 1, eff. Sept. 1, 1989.  Amended by Acts 1999, 76th Leg., ch. 1541, Sec. 25, eff. Sept. 1, 1999.|
TX Govt Code § 815.401 (2021)
2021 Texas Statutes|Government Code|Title 8 - Public Retirement Systems|Subtitle B - Employees Retirement System of Texas|Chapter 815 - Administration|Subchapter E. Collection of Membership Fees and Contributions|Section 815.401. Collection of Membership Fees

Sec. 815.401.  COLLECTION OF MEMBERSHIP FEES.  (a)  Each member annually shall pay a membership fee of $2.  A contributing member shall pay the fee with the member's first contribution to the retirement system in each fiscal year in the manner provided by Section 815.402 or 820.101, as applicable, for payment of the member's contribution to the retirement system.(b)  If the membership fee is not paid with the member's first contribution of the year to the retirement system, the board of trustees may deduct the amount of the fee from that contribution or from any benefit to which the member becomes entitled.(c)  If the legislature appropriates, on behalf of each contributing member for any fiscal year, a membership fee to be deposited in the expense account in an amount equal to or greater than the membership fee required by Subsection (a), the members are not required to pay the membership fee for that year.  The retirement system may apply the membership fee to the administration of any program administered by the board of trustees.|Acts 1981, 67th Leg., p. 1876, ch. 453, Sec. 1, eff. Sept. 1, 1981.  Amended by Acts 1985, 69th Leg., ch. 91, Sec. 17, eff. Sept. 1, 1985.  Renumbered from Vernon's Ann.Civ.St. Title 110B, Sec. 25.401 and amended by Acts 1989, 71st Leg., ch. 179, Sec. 1, eff. Sept. 1, 1989.  Amended by Acts 1993, 73rd Leg., ch. 791, Sec. 21, eff. Sept. 1, 1993.Amended by: Acts 2021, 87th Leg., R.S., Ch. 940 (S.B. 321), Sec. 15, eff. September 1, 2021.|
TX Govt Code § 815.4035 (2021)
2021 Texas Statutes|Government Code|Title 8 - Public Retirement Systems|Subtitle B - Employees Retirement System of Texas|Chapter 815 - Administration|Subchapter E. Collection of Membership Fees and Contributions|Section 815.4035. Collection of State Retirement Contribution

Sec. 815.4035.  COLLECTION OF STATE RETIREMENT CONTRIBUTION.  (a)  Except as provided by Section 813.201, the board of trustees shall assess each employer whose employees are members of the retirement system a state retirement contribution in an amount equal to 0.5 percent of the employer's total payroll, as determined by the General Appropriations Act.(b)  The board of trustees shall deposit the state retirement contribution to the credit of the trust fund established by Section 815.310 to be used for the purposes specified by Section 815.103.|Added by Acts 2013, 83rd Leg., R.S., Ch. 618 (S.B. 1459), Sec. 16, eff. September 1, 2013.|
TX Govt Code § 815.404 (2021)
2021 Texas Statutes|Government Code|Title 8 - Public Retirement Systems|Subtitle B - Employees Retirement System of Texas|Chapter 815 - Administration|Subchapter E. Collection of Membership Fees and Contributions|Section 815.404. Use of Federal Money

Sec. 815.404.  USE OF FEDERAL MONEY.  If federal regulations prohibit an agency's use of money provided under federal job training laws as state contributions, an agency shall use other money available to it to make state contributions to the retirement system for affected employees.|Acts 1981, 67th Leg., p. 1876, ch. 453, Sec. 1, eff. Sept. 1, 1981.  Renumbered from Vernon's Ann.Civ.St. Title 110B, Sec. 25.404 and amended by Acts 1989, 71st Leg., ch. 179, Sec. 1, eff. Sept. 1, 1989.|
TX Govt Code § 815.406 (2021)
2021 Texas Statutes|Government Code|Title 8 - Public Retirement Systems|Subtitle B - Employees Retirement System of Texas|Chapter 815 - Administration|Subchapter E. Collection of Membership Fees and Contributions|Section 815.406. Employer Pickup of Member Contributions

Sec. 815.406.  EMPLOYER PICKUP OF MEMBER CONTRIBUTIONS.  (a)  The state shall pick up the employee contribution required of each of its employees by Section 815.402 or 820.101, as applicable, for all compensation earned.  The state shall pay to the retirement system the picked-up contributions from the same source of funds that is used in paying earnings to the employees.  Such payments shall be in lieu of contributions by the employees.  The state shall pick up these contributions by a corresponding reduction in the cash salary of the employees, by an offset against a future salary increase, or by a combination of a salary reduction and offset against a future salary increase.  Employees do not have the option of choosing to receive the contributed amounts directly instead of having them paid by the state to the retirement system.(b)  Contributions picked up as provided by Subsection (a) shall be treated as employer contributions in determining tax treatment of the amounts under the United States Internal Revenue Code;  however, the state shall continue to withhold federal income taxes on these picked-up contributions until the Internal Revenue Service determines or the federal courts rule that pursuant to Section 414(h) of the Internal Revenue Code of 1986 (26 U.S.C. Section 414) these picked-up contributions may not be included as gross income of the employee until such time as they are distributed or made available.(c)  Employee contributions picked up as provided by Subsection (a) shall be transmitted to the retirement system in the manner required by Section 815.402 or 820.101, as applicable.  Employee contributions picked up by the state and credited to the employee's account shall be treated for all other purposes as if the amount were a part of the member's compensation and had been deducted pursuant to Section 815.403(a).|Added by Acts 1987, 70th Leg., ch. 642, Sec. 3, eff. June 19, 1987.  Renumbered from Vernon's Ann.Civ.St. Title 110B, Sec. 25.406 and amended by Acts 1989, 71st Leg., ch. 179, Sec. 1, eff. Sept. 1, 1989.Amended by: Acts 2021, 87th Leg., R.S., Ch. 940 (S.B. 321), Sec. 19, eff. September 1, 2021.|
TX Govt Code § 815.407 (2021)
2021 Texas Statutes|Government Code|Title 8 - Public Retirement Systems|Subtitle B - Employees Retirement System of Texas|Chapter 815 - Administration|Subchapter E. Collection of Membership Fees and Contributions|Section 815.407. Legacy Payments

Sec. 815.407.  LEGACY PAYMENTS.  (a)  In addition to the state contributions required by this subtitle, each fiscal year the state shall make an actuarially determined payment in the amount necessary to amortize the system's unfunded actuarial liabilities by not later than the fiscal year ending August 31, 2054.(b)  Before each regular legislative session, the retirement system shall provide the Legislative Budget Board with the amount necessary to make the actuarially determined payment required under Subsection (a).  The director of the Legislative Budget Board, under the direction of the Legislative Budget Board, shall include that payment in the general appropriations bill prepared for introduction at each regular legislative session under Section 322.008.  This subsection expires September 1, 2055.|Added by Acts 2021, 87th Leg., R.S., Ch. 940 (S.B. 321), Sec. 20, eff. September 1, 2021.|
TX Govt Code § 815.501 (2021)
2021 Texas Statutes|Government Code|Title 8 - Public Retirement Systems|Subtitle B - Employees Retirement System of Texas|Chapter 815 - Administration|Subchapter F. Miscellaneous Administrative Procedures|Section 815.501. Statement of Amount in Individual Accounts

Sec. 815.501.  STATEMENT OF AMOUNT IN INDIVIDUAL ACCOUNTS.  (a)  No later than December 1 of each year, the retirement system shall furnish to each member a statement of the amount credited to the member's individual account as of August 31 of the preceding fiscal year.(b)  In addition to the statement required by Subsection (a), the retirement system shall furnish to a member, on written request, a statement of the amount credited to the member's individual account.  The board is not required to furnish more than four of these statements to each member in a fiscal year.|Acts 1981, 67th Leg., p. 1876, ch. 453, Sec. 1, eff. Sept. 1, 1981.  Amended by Acts 1989, 71st Leg., ch. 929, Sec. 3, eff. Sept. 1, 1989.  Renumbered from Vernon's Ann.Civ.St. Title 110B, Sec. 25.501 by Acts 1989, 71st Leg., ch. 179, Sec. 1, eff. Sept. 1, 1989.  Amended by Acts 1991, 72nd Leg., ch. 16, Sec. 11.06(c), (g), eff. Aug. 26, 1991.|
TX Govt Code § 815.5021 (2021)
2021 Texas Statutes|Government Code|Title 8 - Public Retirement Systems|Subtitle B - Employees Retirement System of Texas|Chapter 815 - Administration|Subchapter F. Miscellaneous Administrative Procedures|Section 815.5021. Payment to Alternate Beneficiary

Sec. 815.5021.  PAYMENT TO ALTERNATE BENEFICIARY.  If the retirement system through diligence has not located a primary beneficiary before the expiration of two years after the date benefits became payable to the beneficiary under this subtitle, the retirement system may pay the benefits to an alternate beneficiary or, if there is none, to the estate of the deceased member or annuitant.|Added by Acts 1991, 72nd Leg., ch. 850, Sec. 27, eff. Sept. 1, 1991.|
TX Govt Code § 815.504 (2021)
2021 Texas Statutes|Government Code|Title 8 - Public Retirement Systems|Subtitle B - Employees Retirement System of Texas|Chapter 815 - Administration|Subchapter F. Miscellaneous Administrative Procedures|Section 815.504. Reproduction and Preservation of Records

Sec. 815.504.  REPRODUCTION AND PRESERVATION OF RECORDS.  (a)  The retirement system may photograph, microphotograph, or film any record in its possession or preserve the record through electronic document imaging.(b)  If a record is reproduced under Subsection (a), the retirement system may destroy or dispose of the original record if the system first:(1)  places the reproduction in a conveniently accessible file;  and(2)  provides for the preservation, examination, and use of the reproduction.(c)  A photograph, microphotograph, film, or electronic document image of a record reproduced under Subsection (a) is equivalent to the original record for all purposes, including introduction as evidence in all courts and administrative agency proceedings.  A certified or authenticated copy of such a record is admissible as evidence equally with the original.(d)  The executive director or an authorized representative may certify the authenticity of a record reproduced under this section and shall charge a fee for the certified copy as provided by law.(e)  Certified records shall be furnished to any person who is authorized by law to receive them.|Acts 1981, 67th Leg., p. 1876, ch. 453, Sec. 1, eff. Sept. 1, 1981.  Renumbered from Vernon's Ann.Civ.St. Title 110B, Sec. 25.504 and amended by Acts 1989, 71st Leg., ch. 179, Sec. 1, eff. Sept. 1, 1989.Amended by: Acts 2005, 79th Leg., Ch. 347 (S.B. 1176), Sec. 20, eff. September 1, 2005.|
TX Govt Code § 815.505 (2021)
2021 Texas Statutes|Government Code|Title 8 - Public Retirement Systems|Subtitle B - Employees Retirement System of Texas|Chapter 815 - Administration|Subchapter F. Miscellaneous Administrative Procedures|Section 815.505. Certification of Names of Law Enforcement and Custodial Officers

Sec. 815.505.  CERTIFICATION OF NAMES OF LAW ENFORCEMENT AND CUSTODIAL OFFICERS.  Not later than the 12th day of the month following the month in which a person begins or ceases employment as a law enforcement officer or custodial officer, the Public Safety Commission, the Texas Alcoholic Beverage Commission, the Parks and Wildlife Commission, the office of inspector general at the Texas Juvenile Justice Department, the Board of Pardons and Paroles, or the Texas Board of Criminal Justice, as applicable, shall certify to the retirement system, in the manner prescribed by the system, the name of the employee and such other information as the system determines is necessary for the crediting of service and financing of benefits under 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. 25.505 by Acts 1989, 71st Leg., ch. 179, Sec. 1, eff. Sept. 1, 1989.  Amended by Acts 1993, 73rd Leg., ch. 791, Sec. 23, eff. Sept. 1, 1995;  Acts 1995, 74th Leg., ch. 688, Sec. 3, eff. Sept. 1, 1995;  Acts 1999, 76th Leg., ch. 1541, Sec. 28, eff. Sept. 1, 1999.Amended by: Acts 2005, 79th Leg., Ch. 74 (S.B. 262), Sec. 3, eff. September 1, 2005.Acts 2007, 80th Leg., R.S., Ch. 263 (S.B. 103), Sec. 23, eff. June 8, 2007.Acts 2015, 84th Leg., R.S., Ch. 734 (H.B. 1549), Sec. 111, eff. September 1, 2015.|
TX Govt Code § 815.506 (2021)
2021 Texas Statutes|Government Code|Title 8 - Public Retirement Systems|Subtitle B - Employees Retirement System of Texas|Chapter 815 - Administration|Subchapter F. Miscellaneous Administrative Procedures|Section 815.506. Budget and Actuarial Information

Sec. 815.506.  BUDGET AND ACTUARIAL INFORMATION.  The retirement system shall keep, in convenient form, data necessary for actuarial valuation of the funds of the retirement system and for checking the system's expenses.|Acts 1981, 67th Leg., p. 1876, ch. 453, Sec. 1, eff. Sept. 1, 1981.  Renumbered from Vernon's Ann.Civ.St. Title 110B, Sec. 25.506 by Acts 1989, 71st Leg., ch. 179, Sec. 1, eff. Sept. 1, 1989.|
TX Govt Code § 815.507 (2021)
2021 Texas Statutes|Government Code|Title 8 - Public Retirement Systems|Subtitle B - Employees Retirement System of Texas|Chapter 815 - Administration|Subchapter F. Miscellaneous Administrative Procedures|Section 815.507. Plan Qualification

Sec. 815.507.  PLAN QUALIFICATION.  (a)  It is intended that the provisions of this subtitle be construed and administered in a manner that the retirement system's benefit plan will be considered a qualified plan under Section 401(a) of the Internal Revenue Code of 1986 (26 U.S.C. Section 401). The board of trustees may adopt rules that modify the plan by adding, deleting, or changing a plan provision, including rules that modify benefits available under the plan.  (b)  A rule reducing a benefit provision may not be adopted unless the modification is necessary for the retirement system to be a qualified plan.(c)  A rule adopted under this section, other than a rule adopted under Subsection (b), must be made applicable to all members and annuitants whose credit or benefits are based on similar service.  A rule adopted under this section may include the making or revocation of any election permitted under Section 401(a) or any other provision of the Internal Revenue Code of 1986 (26 U.S.C. Section 401). A rule adopted under this section must comply with Section 811.006 and Section 401(a) of the Internal Revenue Code of 1986 (26 U.S.C. Section 401). Rules adopted by the board of trustees are to be considered a part of the plan and supersede conflicting portions of existing plan provisions.(d)  In determining qualification status under Section 401(a) of the Internal Revenue Code of 1986 (26 U.S.C. Section 401), the retirement system's benefit plan shall be considered the primary retirement plan for members of the retirement system.|Added by Acts 1987, 70th Leg., ch. 642, Sec. 4, eff. June 19, 1987.  Renumbered from Vernon's Ann.Civ.St. Title 110B, Sec. 25.507 and amended by Acts 1989, 71st Leg., ch. 179, Sec. 1, eff. Sept. 1, 1989.  Amended by Acts 1991, 72nd Leg., ch. 850, Sec. 28, eff. Aug. 26, 1991.|
TX Govt Code § 815.5071 (2021)
2021 Texas Statutes|Government Code|Title 8 - Public Retirement Systems|Subtitle B - Employees Retirement System of Texas|Chapter 815 - Administration|Subchapter F. Miscellaneous Administrative Procedures|Section 815.5071. Trustee-to-Trustee Transfer

Sec. 815.5071.  TRUSTEE-TO-TRUSTEE TRANSFER.  Notwithstanding Section 811.005 and to the extent required as a condition of plan qualification under Section 401(a) of the Internal Revenue Code of 1986 (26 U.S.C. Section 401), the retirement system shall, in accordance with Section 401(a)(31) of the Internal Revenue Code of 1986 (26 U.S.C. Section 401(a)(31)) and related regulations, permit the distributee of an eligible rollover distribution to elect to have the distribution paid directly to an eligible retirement plan specified by the distributee in the form of a direct trustee-to-trustee transfer.  The board of trustees may adopt rules to carry out this section.  Terms used in this section have the meanings assigned by the Internal Revenue Code of 1986 (Title 26, United States Code).|Added by Acts 1993, 73rd Leg., ch. 791, Sec. 24, eff. Sept. 1, 1993.|