Texas § 1551.253 DETERMINATION OF ANNUAL SALARY.

Texas Statutes

§ 1551.253 — DETERMINATION OF ANNUAL SALARY.

Texas § 1551.253

Code INInsurance Code

This text of Texas § 1551.253 (DETERMINATION OF ANNUAL SALARY.) 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. Insurance Code Code Ann. § 1551.253 (2026).

Text

Sec. 1551.253. DETERMINATION OF ANNUAL SALARY.

(a)To implement this subchapter, the board of trustees shall:

(1)adopt rules for the conversion of other than annual rates of salary; and

(2)specify the types of pay included in annual salary and any other matter necessary to implement this subchapter.

(b)For the purpose of determining the amount of an employee's optional term life insurance coverage, an employee's annual salary includes benefit replacement pay under Subchapter H , Chapter 659 , Government Code, as added by Chapter 417, Acts of the 74th Legislature, Regular Session, 1995.

Free access — add to your briefcase to read the full text and ask questions with AI

Sec. 1551.253. DETERMINATION OF ANNUAL SALARY. (a) To implement this subchapter, the board of trustees shall:
(1) adopt rules for the conversion of other than annual rates of salary; and
(2) specify the types of pay included in annual salary and any other matter necessary to implement this subchapter.
(b) For the purpose of determining the amount of an employee's optional term life insurance coverage, an employee's annual salary includes benefit replacement pay under Subchapter H , Chapter 659 , Government Code, as added by Chapter 417, Acts of the 74th Legislature, Regular Session, 1995.