Sec. 825.516. NONPROFIT ASSOCIATION DUES. (a) A retiree who is receiving an annuity from the retirement system may request the system to withhold from the retiree's monthly annuity payment membership dues for a nonprofit association of retired school employees in this state, if the association is statewide and its membership includes at least five percent of all retirees of the retirement system. The request for withholding must be on a form provided by the retirement system.
(b) After the retirement system receives a request authorized by this section, the system may make the requested deductions until the earlier of:
(1) the date the annuity is terminated; or
(2) the first payment of the annuity after the date the system receives a written request signed by the retiree canceling the request for the withholding.
(c) The retirement system shall send all dues withheld under this section to the nonprofit association after each monthly payment of annuities.
Added by Acts 1997, 75th Leg., ch. 1416, Sec. 30, eff. Sept. 1, 1997. Amended by Acts 1999, 76th Leg., ch. 1540, Sec. 25, eff. Sept. 1, 1999.
Structure Texas Statutes
Title 8 - Public Retirement Systems
Subtitle C - Teacher Retirement System of Texas
Subchapter F. Miscellaneous Administrative Procedures
Section 825.501. Statement of Amount in Individual Accounts
Section 825.502. Payment of Contributions to a Member Absent From Service
Section 825.503. Reproduction and Preservation of Records
Section 825.504. Employer Certification to Board
Section 825.506. Plan Qualification
Section 825.507. Record Confidentiality
Section 825.508. Powers of Attorney
Section 825.509. Direct Rollovers
Section 825.511. Complaint Files
Section 825.513. Information for Publication
Section 825.514. Historically Underutilized Business
Section 825.515. Information About Member Positions
Section 825.516. Nonprofit Association Dues
Section 825.517. Excess Benefit Arrangement
Section 825.519. Electronic Information