Texas Code § 1046.065

RETIREMENT BENEFITS
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Sec. 1046.065. RETIREMENT BENEFITS. The district may provide retirement benefits for district employees by:
(1) creating and administering a public retirement system for the district;
(2) participating in the Texas County and District Retirement System; or
(3) purchasing annuity contracts from an insurer or annuity company authorized to engage in business in this state.

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