Application For Cash Balance Benefit

Tex. Government Code § 840A.051, under Chapter 840A. Cash Balance Benefit.

Tex. Government Code § 840A.051

Sec. 840A.051. APPLICATION FOR CASH BALANCE BENEFIT. (a) A member may apply for a cash balance annuity by filing an application for retirement with the board of trustees. (b) An application for a cash balance annuity may not be made: (1) after the date the member wishes to retire; or (2) more than 90 days before the date the member wishes to retire. Added by Acts 2023, 88th Leg., R.S., Ch. 1092 (S.B. 1245), Sec. 16, eff. June 18, 2023.