Sec. 820.051. APPLICATION FOR CASH BALANCE BENEFIT. (a) A member may apply for a cash balance annuity by filing an application for retirement with the board of trustees.
(b) An application for a cash balance annuity may not be made:
(1) after the date the member wishes to retire; or
(2) more than 90 days before the date the member wishes to retire.
Added by Acts 2021, 87th Leg., R.S., Ch. 940 (S.B. 321), Sec. 21, eff. September 1, 2021.
Structure Texas Statutes
Title 8 - Public Retirement Systems
Subtitle B - Employees Retirement System of Texas
Chapter 820 - Cash Balance Benefit
Subchapter B. Cash Balance Benefits
Section 820.051. Application for Cash Balance Benefit
Section 820.052. Eligibility for Cash Balance Benefit