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Tex. Government Code § 841.001 Definitions
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Sec. 841.001. DEFINITIONS. In this subtitle: (1) "Actuarial equivalent" means a benefit that, at the time it is begun, has the same present value as the benefit it replaces, based on seven percent annual interest and either: (A) the mortality table published by the Conference of …
Tex. Government Code § 841.002 Purpose of Subtitle
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Sec. 841.002. PURPOSE OF SUBTITLE. The purpose of this subtitle is to establish a program of benefits for members, retirees, and their beneficiaries and to establish rules for the management and operation of the retirement system. The assets of the retirement system are held in t…
Tex. Government Code § 841.003 Retirement System
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Sec. 841.003. RETIREMENT SYSTEM. The Texas County and District Retirement System is continued in existence and is the name by which the business of the retirement system shall be transacted, all its funds invested, and all its cash and other property held. Acts 1981, 67th Leg., p…
Tex. Government Code § 841.004 Powers, Privileges, and Immunities
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Sec. 841.004. POWERS, PRIVILEGES, AND IMMUNITIES. (a) The retirement system is a governmental entity and has the powers, privileges, and immunities of a corporation, as well as the powers, privileges, and immunities conferred by this subtitle. (b) The board of trustees, director,…