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Tex. Gov't Code § 864.013

COST-OF-LIVING INCREASE

Added by Acts 2005, 79th Leg., Ch. 803 (S.B. 522), Sec. 1, eff

The state board by rule may provide a cost-of-living increase for any benefit provided by the pension system. If benefits are increased, the state board shall require an increase in monthly contributions if necessary to maintain an actuarially sound pension system.

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