Texas Statutes (Last Updated: January 4, 2014) |
GOVERNMENT CODE |
Title 8. PUBLIC RETIREMENT SYSTEMS |
Subtitle F. TEXAS COUNTY AND DISTRICT RETIREMENT SYSTEM |
Chapter 845. ADMINISTRATION |
Subchapter E. COLLECTION OF CONTRIBUTIONS |
Sec. 845.404. COLLECTION OF SUBDIVISION CONTRIBUTIONS
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(a) Before the 16th day of each month, each participating subdivision shall pay or cause to be paid to the retirement system at the system's office:
(1) the member contributions, or "picked-up" member contributions, provided for by Sections 845.402 and 845.403, which shall be deposited to the individual accounts of the members; and
(2) the contributions that a subdivision is required to make under this subtitle, which shall be deposited to the account of the subdivision in the subdivision accumulation fund.
(b) Unless otherwise provided for and paid by a subdivision, a subdivision shall pay its contributions to the retirement system from:
(1) the fund from which compensation is paid to members; or
(2) the general fund of the subdivision.
Acts 1981, 67th Leg., p. 1876, ch. 453, Sec. 1, eff. Sept. 1, 1981. Amended by Acts 1985, 69th Leg., ch. 491, Sec. 30, eff. June 12, 1985. Renumbered from Vernon's Ann.Civ.St. Title 110B, Sec. 55.404 and amended by Acts 1989, 71st Leg., ch. 179, Sec. 1, eff. Sept. 1, 1989. Amended by Acts 1999, 76th Leg., ch. 427, Sec. 58, eff. Dec. 31, 1999.