Tex. Gov't Code § 820.032 · Subchapter A-2. REESTABLISHING PREVIOUSLY CANCELED SERVICE CREDIT
PURCHASE OF PREVIOUSLY CANCELED SERVICE CREDIT.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) A cash balance group member who has withdrawn contributions and canceled service credit in a class of membership may purchase the canceled service credit in the retirement system for the purposes described by Subsection (c) by:
(1) submitting a request to the system in a form and manner prescribed by the system; and
(2) depositing with the retirement system in a lump sum the total amount of money withdrawn from a membership class not later than the first day of the 24th month after the month in which the person is reemployed or again holds office.
(b) On receipt of the cash balance group member's deposit, the retirement system shall credit the member's individual account in the employees saving account with that amount and apply annual and gain sharing interest beginning the first day of the month following the date of the deposit, as provided by Sections 820.102 and 820.103.
(c) Service credit purchased under this section may be used only:
(1) to determine whether the cash balance group member is eligible to retire and receive a cash balance annuity; and
(2) for purposes of determining eligibility to participate in the group benefits program established under Chapter 1551, Insurance Code.
(d) The retirement system may charge a reasonable administrative fee to purchase service credit under this section.
Notes and commentary — not statutory text
History
Added by Acts 2023, 88th Leg., R.S., Ch. 78 (S.B. 729), Sec. 5, eff. May 19, 2023.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/GV/htm/GV.820.htm
- Text hash
- sha256 6ab73bbadfe2da8ad486d406a7db7964b3e160a6c013c5f32a033fead36c9d40
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
This section cites
Provisions in this library that the text above cites, as it prints each citation. A range cited as “ss. 61.13-61.16” links its first and last provisions.
Government Code
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.