Government Code § 840A.053
The retirement system must calculate a member’s standard cash balance annuity by adding the member’s accumulated account balance and the state match, then annuitizing that total using approved mortality tables. The state match is 150% of the member’s accumulated account balance.
- Jurisdiction
- United States — Texas
- Instrument
- Code
- Version
- Undated source snapshot
- Language
- en
- Official source
- View official record ↗
actuarial calculation pensions
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Government Code § 840A.053
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