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Texas Government Code - GOV'T § 863.005. Charge for Certain Past Due Contributions

Current as of January 01, 2024 | Updated by Findlaw Staff

The state board by rule may impose an interest charge on contributions due because of a correction of an error related to enrollment or qualified service.  The charge must be based on the pension system's current assumed rate of return.  Charges collected shall be deposited in the fund.

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Cite this article: FindLaw.com - Texas Government Code - GOV'T § 863.005. Charge for Certain Past Due Contributions - last updated January 01, 2024 | https://codes.findlaw.com/tx/government-code/gov-t-sect-863-005/

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