(a) Each state fiscal year, the state shall contribute to the fund an amount equal to 1.25 percent of the salary of each active employee.
(b) The state may contribute to the fund an amount in addition to the contribution required by Subsection (a).
Tex. Ins. Code § 1575.202
STATE CONTRIBUTION BASED ON ACTIVE EMPLOYEE COMPENSATION
Known as the Texas Public School Retired Employees Group Benefits Act
The act spans §§ 1575.001 to 1575.506 (105 sections).
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 3, eff
Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.