Texas § 864.0135 OPTIONAL ANNUITY INCREASE OR SUPPLEMENTAL PAYMENTS.

Texas Statutes

§ 864.0135 — OPTIONAL ANNUITY INCREASE OR SUPPLEMENTAL PAYMENTS.

Texas § 864.0135

Code GVGovernment Code

This text of Texas § 864.0135 (OPTIONAL ANNUITY INCREASE OR SUPPLEMENTAL PAYMENTS.) 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. § 864.0135 (2026).

Text

Sec. 864.0135. OPTIONAL ANNUITY INCREASE OR SUPPLEMENTAL PAYMENTS.

(a)The state board by rule may authorize the governing body of a participating department to:

(1)make one or more supplemental payments to its retirees and beneficiaries of the pension system; or

(2)provide an increase in the amount of annuities paid to retirees and beneficiaries of the pension system. (a-1) The rules adopted under Subsection (a) may:

(1)include procedures for the governing body of a participating department to request the approval of the state board to make a supplemental payment or increase an annuity under the rules; and

(2)prohibit the governing body of a participating department from making a supplemental payment or increasing an annuity under the rules without approval from the state board.

(b)T

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Sec. 864.0135. OPTIONAL ANNUITY INCREASE OR SUPPLEMENTAL PAYMENTS. (a) The state board by rule may authorize the governing body of a participating department to:
(1) make one or more supplemental payments to its retirees and beneficiaries of the pension system; or
(2) provide an increase in the amount of annuities paid to retirees and beneficiaries of the pension system.
(a-1) The rules adopted under Subsection (a) may:
(1) include procedures for the governing body of a participating department to request the approval of the state board to make a supplemental payment or increase an annuity under the rules; and
(2) prohibit the governing body of a participating department from making a supplemental payment or increasing an annuity under the rules without approval from the state board.
(b) The governing body of a participating department that elects an option under a rule adopted under this section shall fund all increased benefits that are provided to its retirees and beneficiaries of the pension system under the option.
(c) State contributions may not be used to fund any option elected under a rule adopted under this section to make a supplemental payment or increase an annuity.

Legislative History

Added by Acts 2007, 80th Leg., R.S., Ch. 321 (H.B. 2400 ), Sec. 7, eff. September 1, 2007. Amended by: Acts 2019, 86th Leg., R.S., Ch. 1165 (H.B. 3247 ), Sec. 21, eff. September 1, 2019. Acts 2025, 89th Leg., R.S., Ch. 36 (S.B. 2065 ), Sec. 4, eff. May 15, 2025.