Texas § 842.057 CLASS D.

Texas Statutes

§ 842.057 — CLASS D.

Texas § 842.057

Code GVGovernment Code

This text of Texas § 842.057 (CLASS D.) 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. § 842.057 (2026).

Text

Sec. 842.057. CLASS D. If any assets remain after the transfers are made under Sections 842.054 , 842.055 , and 842.056 , the retirement system shall make a proportionate transfer to the individual account of each member not eligible to retire based on the ratio that the sum of the member's multiple matching credits and prior service credits bears to the total multiple matching credits and prior service credits of the class. The transfer to a member's individual account may not exceed 100 percent of the member's multiple matching credits and prior service credits.

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Sec. 842.057. CLASS D. If any assets remain after the transfers are made under Sections 842.054 , 842.055 , and 842.056 , the retirement system shall make a proportionate transfer to the individual account of each member not eligible to retire based on the ratio that the sum of the member's multiple matching credits and prior service credits bears to the total multiple matching credits and prior service credits of the class. The transfer to a member's individual account may not exceed 100 percent of the member's multiple matching credits and prior service credits.