Sec. 1551.253. DETERMINATION OF ANNUAL SALARY. (a) To implement this subchapter, the board of trustees shall:
(1) adopt rules for the conversion of other than annual rates of salary; and
(2) specify the types of pay included in annual salary and any other matter necessary to implement this subchapter.
(b) For the purpose of determining the amount of an employee's optional term life insurance coverage, an employee's annual salary includes benefit replacement pay under Subchapter H, Chapter 659, Government Code, as added by Chapter 417, Acts of the 74th Legislature, Regular Session, 1995.
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 3, eff. June 1, 2003.
Structure Texas Statutes
Title 8 - Health Insurance and Other Health Coverages
Subtitle H - Health Benefits and Other Coverages for Governmental Employees
Chapter 1551 - Texas Employees Group Benefits Act
Subchapter F. Group Life and Accidental Death and Dismemberment Insurance Coverage Plan
Section 1551.251. Group Life Insurance Coverage Plan
Section 1551.252. Additional Term Life Insurance
Section 1551.253. Determination of Annual Salary
Section 1551.254. Accelerated Life Insurance Benefits
Section 1551.255. Inclusion of Provisions for Viatical Settlements
Section 1551.256. Optional Term Life Insurance Coverage After Retirement
Section 1551.257. Eligibility of Annuitant for Extended Insurance Benefits
Section 1551.258. Termination of Accidental Death and Dismemberment Insurance Coverage on Retirement
Section 1551.259. Order of Precedence of Payment to Survivors