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Tex. Gov't Code § 844.007

INTEREST CREDIT FOR OTHER THAN DECEMBER RETIREMENTS

Added by Acts 1991, 72nd Leg., ch. 460, Sec. 11, eff

A member who retires with an effective retirement date other than December 31 will be credited interest on the beginning balance in the member's individual account from January 1 of the year of retirement to the effective date of retirement.

Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.