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Texas Statutes (Last Updated: January 4, 2014) |
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GOVERNMENT CODE |
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Title 8. PUBLIC RETIREMENT SYSTEMS |
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Subtitle C. TEACHER RETIREMENT SYSTEM OF TEXAS |
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Chapter 825. ADMINISTRATION |
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Subchapter F. MISCELLANEOUS ADMINISTRATIVE PROCEDURES |
Sec. 825.516. NONPROFIT ASSOCIATION DUES
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(a) A retiree who is receiving an annuity from the retirement system may request the system to withhold from the retiree's monthly annuity payment membership dues for a nonprofit association of retired school employees in this state, if the association is statewide and its membership includes at least five percent of all retirees of the retirement system. The request for withholding must be on a form provided by the retirement system.
(b) After the retirement system receives a request authorized by this section, the system may make the requested deductions until the earlier of:
(1) the date the annuity is terminated; or
(2) the first payment of the annuity after the date the system receives a written request signed by the retiree canceling the request for the withholding.
(c) The retirement system shall send all dues withheld under this section to the nonprofit association after each monthly payment of annuities.