Sec. 1575.203. ACTIVE EMPLOYEE CONTRIBUTION. (a) Each state fiscal year, each active employee shall, as a condition of employment, contribute to the fund an amount equal to 0.65 percent of the employee's salary.
(b) The employer of an active employee shall monthly:
(1) deduct the employee's contribution from the employee's salary and remit the contribution to the trustee in the manner required by the trustee; or
(2) assume and pay the total contributions due from its active employees.
(c) Contributions to the fund deducted from the salary of an active employee are included in annual compensation for purposes of the Teacher Retirement System of Texas.
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 3, eff. June 1, 2003. Amended by Acts 2003, 78th Leg., ch. 201, Sec. 53, eff. Sept. 1, 2003; Acts 2003, 78th Leg., ch. 366, Sec. 3.02, eff. Sept. 1, 2003; Acts 2003, 78th Leg., ch. 1231, Sec. 7, eff. Sept. 1, 2003; Acts 2003, 78th Leg., ch. 1276, Sec. 10A.433, eff. Sept. 1, 2003.
Amended by:
Acts 2005, 79th Leg., Ch. 899 (S.B. 1863), Sec. 17.02, eff. September 1, 2005.
Acts 2005, 79th Leg., Ch. 1359 (S.B. 1691), Sec. 41, eff. September 1, 2005.
Structure Texas Statutes
Title 8 - Health Insurance and Other Health Coverages
Subtitle H - Health Benefits and Other Coverages for Governmental Employees
Chapter 1575 - Texas Public School Employees Group Benefits Program
Section 1575.201. Additional State Contributions; Certain Contributions
Section 1575.202. State Contribution Based on Active Employee Compensation
Section 1575.203. Active Employee Contribution
Section 1575.204. Public School Contribution
Section 1575.206. Contributions Held in Trust for Fund
Section 1575.207. Interest Assessed on Late Payment of Deposits by Employing Public Schools
Section 1575.208. Certification of Amount Necessary to Pay State Contributions
Section 1575.209. Certification of Amount of State Contributions
Section 1575.210. Payment of State Contributions; Reconciliation
Section 1575.211. Cost Sharing