Plan As Compensation

Tex. Government Code § 609.005, under Chapter 609. Deferred Compensation Plans.

Tex. Government Code § 609.005

Sec. 609.005. PLAN AS COMPENSATION. (a) A deferred compensation plan is a part of an employee's compensation and is in addition to a retirement, pension, or benefit system established by law. (b) The deferral of compensation does not reduce retirement, pension, or other benefits provided by law unless the reduction is required by federal law. Added by Acts 1993, 73rd Leg., ch. 268, Sec. 1, eff. Sept. 1, 1993.