Texas Statutes
§ 864.014 — STATE BOARD AUTHORITY FOR LUMP-SUM PAYMENTS.
Texas § 864.014
JurisdictionTexas
Code GVGovernment Code
This text of Texas § 864.014 (STATE BOARD AUTHORITY FOR LUMP-SUM 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. § 864.014 (2026).
Text
Sec. 864.014. STATE BOARD AUTHORITY FOR LUMP-SUM PAYMENTS. In lieu of any annuity otherwise payable under this subtitle, the state board by rule may provide for a lump-sum payment if the board determines that a lump-sum payment is cost-efficient or is necessary for the pension system to remain actuarially sound.
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Legislative History
Added by Acts 2005, 79th Leg., Ch. 803 (S.B. 522 ), Sec. 1, eff. September 1, 2005.
Nearby Sections
15
§ 864.002
SERVICE RETIREMENT ANNUITY.§ 864.006
MEMBER SERVICE DEATH BENEFITS.§ 864.007
MEMBER NONSERVICE DEATH BENEFIT.§ 864.009
RETIREE DEATH BENEFIT ANNUITY.§ 864.012
CERTAIN BENEFICIARIES.§ 864.013
COST-OF-LIVING INCREASE.Cite This Page — Counsel Stack
Bluebook (online)
Texas § 864.014, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/GV/864.014.