Tex. Gov't Code § 855.205 · Subchapter C. OFFICERS AND EMPLOYEES OF BOARD OF TRUSTEES
ACTUARY.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) The board of trustees shall appoint an actuary.
(b) The actuary shall perform duties in connection with advising the board concerning operation of the retirement system's funds.
(c) At least once every five years the actuary shall:
(1) make a general investigation of the mortality and service experience of the members and annuitants of the retirement system; and
(2) on the basis of the results of the investigation, recommend for adoption by the board tables and rates that are required.
(d) On the basis of rates and tables adopted by the board, the actuary shall:
(1) annually compute the normal contribution rate for each participating municipality;
(2) annually compute the prior service contribution rate for each participating municipality;
(3) compute the supplemental death benefits rate and the supplemental disability benefits rate for each participating municipality; and
(4) make an annual valuation of the assets and liabilities of the funds of the retirement system.
Notes and commentary — not statutory text
History
Acts 1981, 67th Leg., p. 1876, ch. 453, Sec. 1, eff. Sept. 1, 1981. Renumbered from Vernon's Ann.Civ.St. Title 110B, Sec. 65.205 and amended by Acts 1989, 71st Leg., ch. 179, Sec. 1, eff. Sept. 1, 1989. Amended by Acts 1999, 76th Leg., ch. 83, Sec. 16, eff. Dec. 31, 1999.
Amended by:
Acts 2009, 81st Leg., R.S., Ch. 154 (H.B. 360), Sec. 3, eff. May 26, 2009.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/GV/htm/GV.855.htm
- Text hash
- sha256 99b34b85df0078ac388209235c2e886618851617457f55af49b8b15e6571e19e
- 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
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.