Texas Statutes
§ 844.503 — MEMBER OPTIONAL GROUP TERM LIFE.
Texas § 844.503
JurisdictionTexas
Code GVGovernment Code
This text of Texas § 844.503 (MEMBER OPTIONAL GROUP TERM LIFE.) 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. § 844.503 (2026).
Text
Sec. 844.503. MEMBER OPTIONAL GROUP TERM LIFE.
(a)In this section, the terms "regular rate of pay," "hours worked," "salary basis," and "regular salary" have meanings that are consistent with the Fair Labor Standards Act of 1938 (29 U.S.C. Section 201 et seq.).
(b)If a person included in the coverage or extended coverage of the optional group term life program dies, a lump-sum supplemental death benefit is payable from the optional group term life fund in an amount equal to the current annual compensation of the member at the time of death.
(c)The current annual compensation of a member who is not exempt from the minimum wage and maximum hour requirements of the Fair Labor Standards Act of 1938 (29 U.S.C. Section 201 et seq.) is computed by converting to an annual basis the regular rate
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Related
§ 201
29 U.S.C. § 201
Legislative History
Added by Acts 1981, 67th Leg., 1st C.S., p. 212, ch. 18, Sec. 53, eff. Nov. 10, 1981. Renumbered from Vernon's Ann.Civ.St. Title 110B, Sec. 54.503 and amended by Acts 1989, 71st Leg., ch. 179, Sec. 1, eff. Sept. 1, 1989. Amended by Acts 2001, 77th Leg., ch. 122, Sec. 42, eff. Dec. 31, 2001.
Amended by:
Acts 2007, 80th Leg., R.S., Ch. 873 (H.B. 1587 ), Sec. 57, eff. January 1, 2008.
Acts 2007, 80th Leg., R.S., Ch. 873 (H.B. 1587 ), Sec. 58, eff. January 1, 2008.
Nearby Sections
15
§ 844.001
TYPES OF BENEFITS.§ 844.002
COMPOSITION OF RETIREMENT ANNUITY.§ 844.003
EFFECTIVE DATE OF RETIREMENT.§ 844.004
STANDARD RETIREMENT ANNUITY.§ 844.0041
OPTIONAL RETIREMENT ANNUITIES.§ 844.006
CHANGE OF BENEFICIARY OR DIVISION OF BENEFIT FOR CERTAIN PERSONS RECEIVING MONTHLY BENEFITS.§ 844.008
LIMITATION ON PAYMENT OF BENEFITS.§ 844.010
CERTAIN BENEFICIARY DESIGNATIONS.Cite This Page — Counsel Stack
Bluebook (online)
Texas § 844.503, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/GV/844.503.