Tex. Loc. Gov't Code § 107.002 · Chapter 107. OBLIGATIONS FOR CERTAIN LIABILITIES TO PUBLIC PENSION FUNDS OF A MUNICIPALITY
DEFINITION OF "PUBLIC PENSION FUND."
Text — Current through the 89th 2nd Called Legislative Session, 2025
In this chapter, "public pension fund":
(1) means a continuing, organized program or plan of service retirement, disability retirement, or death benefits for officers or employees of a municipality;
(2) includes a plan qualified under Section 401(a), Internal Revenue Code of 1986, as amended; and
(3) does not include:
(A) a program that provides only workers' compensation benefits;
(B) a program administered by the federal government;
(C) a plan described by Section 401(d), Internal Revenue Code of 1986, as amended;
(D) an individual retirement account consisting of an annuity contract described by Section 403(b), Internal Revenue Code of 1986, as amended;
(E) an individual retirement account as defined by Section 408(a), Internal Revenue Code of 1986, as amended;
(F) an individual retirement annuity as defined by Section 408(b), Internal Revenue Code of 1986, as amended;
(G) an eligible deferred compensation plan as defined by Section 457(b), Internal Revenue Code of 1986, as amended; or
(H) a program for which benefits are administered by a life insurance company or for which the only funding agency is a life insurance company.
Notes and commentary — not statutory text
History
Added by Acts 2003, 78th Leg., ch. 1271, Sec. 1, eff. Sept. 1, 2003.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/LG/htm/LG.107.htm
- Text hash
- sha256 732663e53d639ec0fce05c50e290af981c54d1258449f2ca1591eba3dd60ab86
- 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.