Tex. Lab. Code § 21.103

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

Section 21.103 - Compulsory Retirement Permitted for Certain Employees

This chapter does not prohibit the compulsory retirement of an employee who is:

(1) at least 65 years of age;

(2) employed in a bona fide executive or high policy-making position for the two years preceding retirement; and

(3) entitled to an immediate, nonforfeitable annual retirement benefit from a pension, profit-sharing, savings, or deferred compensation plan or a combination of plans of the employee's employer that equals, in the aggregate, at least $27,000.

Tex. Lab. Code § 21.103

Acts 1993, 73rd Leg., ch. 269, Sec. 1, eff. 9/1/1993.