Sec. 606.028. ADMINISTRATIVE EXPENSES. (a) As agreed by the retirement system and the governing body of a political subdivision that has an approved plan, the retirement system shall require the political subdivision to pay the subdivision's proportionate share of the state administrative expenses for this subchapter by: (1) an annual fee for the political subdivision; (2) an annual fee for each employee covered; (3) an amount equal to a percentage of the contributions made to federal authorities; or (4) any other equitable measure. (b) A political subdivision may make payment for administrative expenses under this section from any available fund not otherwise dedicated.
‹ Prev All Texas sections Next ›
Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.