Sec. 825.402. RATE OF MEMBER CONTRIBUTIONS. The rate of contributions for each member of the retirement system is:
(1) five percent of the member's annual compensation or $180, whichever is less, for service rendered after August 31, 1937, and before September 1, 1957;
(2) six percent of the first $8,400 of the member's annual compensation for service rendered after August 31, 1957, and before September 1, 1969;
(3) six percent of the member's annual compensation for service rendered after August 31, 1969, and before the first day of the 1977-78 school year;
(4) 6.65 percent of the member's annual compensation for service rendered after the last day of the period described by Subdivision (3) and before September 1, 1985;
(5) 6.4 percent of the member's annual compensation for service rendered after August 31, 1985, and before September 1, 2014;
(6) 6.7 percent of the member's annual compensation for service rendered after August 31, 2014, and before September 1, 2015;
(7) 7.2 percent of the member's annual compensation for service rendered after August 31, 2015, and before September 1, 2016;
(8) 7.7 percent of the member's annual compensation for service rendered after August 31, 2016, and before September 1, 2017;
(9) for compensation paid on or after September 1, 2017, and before September 1, 2019, the lesser of:
(A) 7.7 percent of the member's annual compensation; or
(B) a percentage of the member's annual compensation equal to 7.7 percent reduced by one-tenth of one percent for each one-tenth of one percent that the state contribution rate for the fiscal year to which the compensation relates is less than the state contribution rate established for the 2015 fiscal year;
(10) for compensation paid on or after September 1, 2019, and before September 1, 2021, the lesser of:
(A) 7.7 percent of the member's annual compensation; or
(B) a percentage of the member's annual compensation equal to 7.7 percent reduced by one-tenth of one percent for each one-tenth of one percent that the state contribution rate for the fiscal year to which the compensation relates is less than the state contribution rate established for that fiscal year under Section 825.404(a-2);
(11) for compensation paid on or after September 1, 2021, and before September 1, 2023, the lesser of:
(A) eight percent of the member's annual compensation; or
(B) a percentage of the member's annual compensation equal to eight percent reduced by one-tenth of one percent for each one-tenth of one percent that the state contribution rate for the fiscal year to which the compensation relates is less than the state contribution rate established for that fiscal year under Section 825.404(a-2); and
(12) for compensation paid on or after September 1, 2023, the lesser of:
(A) 8.25 percent of the member's annual compensation; or
(B) a percentage of the member's annual compensation equal to 8.25 percent reduced by one-tenth of one percent for each one-tenth of one percent that the state contribution rate for the fiscal year to which the compensation relates is less than the state contribution rate established for that fiscal year under Section 825.404(a-2).
Acts 1981, 67th Leg., p. 1876, ch. 453, Sec. 1, eff. Sept. 1, 1981. Amended by Acts 1985, 69th Leg., ch. 228, Sec. 2, eff. Sept. 1, 1985. Renumbered from Vernon's Ann.Civ.St. Title 110B, Sec. 35.402 and amended by Acts 1989, 71st Leg., ch. 179, Sec. 1, eff. Sept. 1, 1989.
Amended by:
Acts 2007, 80th Leg., R.S., Ch. 1389 (S.B. 1846), Sec. 1, eff. September 1, 2007.
Acts 2013, 83rd Leg., R.S., Ch. 1078 (H.B. 3357), Sec. 23(3), eff. June 14, 2013.
Acts 2013, 83rd Leg., R.S., Ch. 1214 (S.B. 1458), Sec. 5, eff. September 1, 2013.
Acts 2019, 86th Leg., R.S., Ch. 566 (S.B. 12), Sec. 1, eff. June 10, 2019.
Structure Texas Statutes
Title 8 - Public Retirement Systems
Subtitle C - Teacher Retirement System of Texas
Subchapter E. Collection of Membership Fees and Contributions
Section 825.402. Rate of Member Contributions
Section 825.403. Collection of Member's Contributions
Section 825.4035. Employer Contributions for Certain Employed Members
Section 825.404. Collection of State Contributions
Section 825.4041. Employer Payments
Section 825.405. Contributions Based on Compensation Above Statutory Minimum
Section 825.406. Collection of Contributions From Federal or Private Sources; Offense; Penalty
Section 825.407. Collection of Contributions From Noneducational and General Funds
Section 825.408. Interest on Contributions and Fees; Deposits in Trust
Section 825.409. Employer Pickup of Member Contributions
Section 825.4092. Employer Contributions for Employed Retirees
Section 825.410. Payroll Deductions or Installment Payments for Special Service Credit