Tex. Gov't Code § 855.601 · Subchapter G. MISCELLANEOUS ADMINISTRATIVE PROCEDURES
STATEMENT OF AMOUNT IN ACCOUNT.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) As soon as possible after the end of each calendar year, the board of trustees shall send to the governing body of each municipality and to each requesting member an annual statement that contains:
(1) a balance sheet showing the financial and actuarial condition of the retirement system on December 31 of that year;
(2) a statement showing the receipts and disbursements made during the calendar year;
(3) a statement showing changes in the asset, liability, reserve, and surplus accounts during the calendar year; and
(4) additional statistics necessary for proper interpretation of the condition of the retirement system.
(b) The board of trustees shall furnish to a member, on written request, a statement of the amount credited to the member's individual account. During a calendar year, the board is not required to furnish to a member more than one statement requested under this subsection.
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. 65.601 by Acts 1989, 71st Leg., ch. 179, Sec. 1, eff. Sept. 1, 1989.
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 22c759adb82765a31c2acfe851817c5bbcfed129f948c90255742fd8efd8ea2a
- 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.