Tex. Gov't Code § 824.807

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

Section 824.807 - Interest

Interest is creditable to a member's account in the deferred retirement option account at an annual, prorated rate equal to two percent during the period of participation in the plan and until all benefits are distributed.

Tex. Gov't. Code § 824.807

Amended by Acts 2013, Texas Acts of the 83rd Leg. - Regular Session, ch. 1214,Sec. 3, eff. 1/1/2014.

Added by Acts 1997, 75th Leg., ch. 1416, Sec. 21, eff. 9/1/1997.