Sec. 825.308. STATE CONTRIBUTION ACCOUNT. The retirement system shall deposit in the state contribution account:
(1) all state contributions to the retirement system required by Section 825.404;
(2) amounts from the interest account as provided by Section 825.313(b)(2);
(3) retirement annuities waived or forfeited in accordance with Section 824.601 or 824.004;
(3-a) retiree earnings described by Section 824.601(b-3)(2)(B)(i) that have been paid to the system;
(4) fees collected under Section 825.403(h);
(5) fees and interest for reinstatement of service credit or establishment of membership service credit as provided by Section 823.501;
(6) the portion of a deposit required by Section 823.302 to establish military service credit that represents a fee; and
(7) employer contributions required under Section 825.4092.
Acts 1981, 67th Leg., p. 1876, ch. 453, Sec. 1, eff. Sept. 1, 1981. Amended by Acts 1981, 67th Leg., 1st C.S., p. 207, ch. 18, Sec. 32, eff. Nov. 10, 1981; Acts 1985, 69th Leg., ch. 832, Sec. 7, eff. June 15, 1985. Renumbered from Vernon's Ann.Civ.St. Title 110B, Sec. 35.305 and amended by Acts 1989, 71st Leg., ch. 179, Sec. 1, eff. Sept. 1, 1989. Amended by Acts 2001, 77th Leg., ch. 1229, Sec. 16, eff. Sept. 1, 2001.
Amended by:
Acts 2005, 79th Leg., Ch. 1359 (S.B. 1691), Sec. 27, eff. September 1, 2005.
Acts 2021, 87th Leg., R.S., Ch. 141 (H.B. 1585), Sec. 7, eff. May 26, 2021.
Acts 2021, 87th Leg., R.S., Ch. 511 (S.B. 288), Sec. 3, eff. September 1, 2021.
Structure Texas Statutes
Title 8 - Public Retirement Systems
Subtitle C - Teacher Retirement System of Texas
Subchapter D. Management of Assets
Section 825.301. Investment of Assets
Section 825.3011. Certain Consultations Concerning Investments
Section 825.3012. Investment in Certain Hedge Funds Limited
Section 825.302. Custody and Investment of Assets Pending Transactions
Section 825.3021. Appraisal and Sale of Real Property
Section 825.303. Securities Custody and Securities Lending
Section 825.304. Nominee to Hold Securities
Section 825.305. Available Cash
Section 825.306. Crediting System Assets
Section 825.307. Member Savings Account
Section 825.308. State Contribution Account
Section 825.309. Retired Reserve Account
Section 825.311. Interest Account
Section 825.312. Expense Account
Section 825.3121. Deferred Retirement Option Account
Section 825.313. Transfers From Interest Account