Sec. 606.029. DELINQUENT PAYMENTS. (a) The retirement system may require in an agreement with a political subdivision that interest be paid on delinquent payments.
(b) The retirement system may bring suit to collect a delinquent payment and interest on the payment.
(c) The retirement system may direct the comptroller to deduct a delinquent payment and interest from funds payable by the state to the delinquent political subdivision that are expressly subject to deduction. The comptroller shall send to the retirement system in trust the amount deducted for the contribution of the delinquent political subdivision.
Added by Acts 1993, 73rd Leg., ch. 268, Sec. 1, eff. Sept. 1, 1993. Amended by Acts 1997, 75th Leg., ch. 1423, Sec. 8.39, eff. Sept. 1, 1997.
Structure Texas Statutes
Title 6 - Public Officers and Employees
Subtitle A - Provisions Generally Applicable to Public Officers and Employees
Subchapter B. Coverage for Employees of Political Subdivisions
Section 606.022. Agreements With Political Subdivisions
Section 606.024. Plan for Coverage
Section 606.025. Guarantees for Payment
Section 606.026. Contributions by Political Subdivision
Section 606.027. Procedure for Making Contributions
Section 606.028. Administrative Expenses
Section 606.029. Delinquent Payments