Texas § 842.055 CLASS B.

Texas Statutes

§ 842.055 — CLASS B.

Texas § 842.055

Code GVGovernment Code

This text of Texas § 842.055 (CLASS B.) is published on Counsel Stack Legal Research, covering Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Tex. Government Code Code Ann. § 842.055 (2026).

Text

Sec. 842.055. CLASS B. If any assets remain after the transfers are made under Section 842.054 , the retirement system shall make a proportionate transfer to the individual account of each member of the subdivision not eligible to retire based on the ratio that the member's current service credit bears to the total current service credit of the class. The transfer to a member's individual account may not exceed 100 percent of the member's current service credit.

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Sec. 842.055. CLASS B. If any assets remain after the transfers are made under Section 842.054 , the retirement system shall make a proportionate transfer to the individual account of each member of the subdivision not eligible to retire based on the ratio that the member's current service credit bears to the total current service credit of the class. The transfer to a member's individual account may not exceed 100 percent of the member's current service credit.