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Current as of January 01, 2024 | Updated by Findlaw Staff
This chapter does not prohibit the compulsory retirement of an employee who is:
(1) at least 65 years of age;
(2) employed in a bona fide executive or high policy-making position for the two years preceding retirement; and
(3) entitled to an immediate, nonforfeitable annual retirement benefit from a pension, profit-sharing, savings, or deferred compensation plan or a combination of plans of the employee's employer that equals, in the aggregate, at least $27,000.
Cite this article: FindLaw.com - Texas Labor Code - LAB § 21.103. Compulsory Retirement Permitted for Certain Employees - last updated January 01, 2024 | https://codes.findlaw.com/tx/labor-code/lab-sect-21-103/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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