Sec. 74.007. INCENTIVE RETIREMENT PLANS. (a) The medical branch may offer incentive retirement plans to employees of the medical branch who elect to retire under other state law.
(b) An incentive offered to an employee by the medical branch must be paid from the medical branch's funds or hospital or clinic fees.
(c) The medical branch may not rehire an employee receiving a retirement incentive under this section without the specific approval of the president.
Added by Acts 1999, 76th Leg., ch. 1410, Sec. 1, eff. Sept. 1, 1999.
Structure Texas Statutes
Subtitle C - The University of Texas System
Chapter 74 - Other Medical, Dental, and Nursing Units of the University of Texas System
Subchapter A. The University of Texas Medical Branch at Galveston
Section 74.003. Land Acquisition
Section 74.004. Centennial Scholars Matching Fund
Section 74.005. Treatment of Certain Patients
Section 74.006. Sufficiency of Funds