Sec. 609.008. CREDITING TRUST FUND INTEREST. Interest earned on an employee's deferred amounts and investment income deposited in any of the deferred compensation trust funds, as defined by Section 609.101, or to which Section 609.512 applies is credited to the employee.
Added by Acts 1993, 73rd Leg., ch. 268, Sec. 1, eff. Sept. 1, 1993. Amended by Acts 2003, 78th Leg., ch. 1111, Sec. 1, eff. Sept. 1, 2003.
Structure Texas Statutes
Title 6 - Public Officers and Employees
Subtitle A - Provisions Generally Applicable to Public Officers and Employees
Chapter 609 - Deferred Compensation Plans
Subchapter A. General Provisions
Section 609.002. Qualifications for Qualified Vendor
Section 609.003. Qualified Investment Product
Section 609.004. Permissible Use of Public Funds
Section 609.005. Plan as Compensation
Section 609.006. Conformance to or Conflict With Federal Law
Section 609.007. Contract for Deferment of Compensation
Section 609.008. Crediting Trust Fund Interest
Section 609.009. Trust for 457 Plan
Section 609.010. Liability; Responsibility for Monitoring
Section 609.011. Notification by Plan Administrator
Section 609.012. Transfer From a Plan Vendor
Section 609.013. Inability to Distribute
Section 609.014. Coordination of Plans
Section 609.015. Beneficiary Causing Death of Participating Employee