Sec. 841.006. EXEMPTION FROM EXECUTION.(a) All retirement annuity payments, other benefit payments, and a member's accumulated contributions are unassignable and are exempt from execution, garnishment, attachment, and state and local taxation.
(b) Notwithstanding Subsection (a), the board of trustees by rule may authorize the retirement system, in accordance with a retiree's voluntary election, to:
(1) deduct qualified health insurance premiums from the retirement annuity otherwise distributable to a retiree who is an eligible public safety officer or a retiree who meets any expanded eligibility provision for a similar tax exemption under subsequent federal legislation; and
(2) pay the deducted amount directly to the health plan provider, subject to the requirements of Section 402(l), Internal Revenue Code of 1986, or other applicable federal law, and the rules adopted by the board.
Acts 1981, 67th Leg., p. 1876, ch. 453, Sec. 1, eff. Sept. 1, 1981. Renumbered from Vernon's Ann.Civ.St. Title 110B, Sec. 51.006 by Acts 1989, 71st Leg., ch. 179, Sec. 1, eff. Sept. 1, 1989.
Amended by:
Acts 2009, 81st Leg., R.S., Ch. 300 (H.B. 407), Sec. 2, eff. January 1, 2010.
Structure Texas Statutes
Title 8 - Public Retirement Systems
Subtitle F - Texas County and District Retirement System
Chapter 841 - General Provisions
Subchapter A. General Provisions
Section 841.002. Purpose of Subtitle
Section 841.003. Retirement System
Section 841.004. Powers, Privileges, and Immunities
Section 841.005. Actions for Accounting
Section 841.006. Exemption From Execution
Section 841.007. Reduction of Annuity Payments on Request
Section 841.009. Divorce-Decree Payments Protected
Section 841.0091. Division of Benefits on Divorce of Member
Section 841.010. Distribution Requirements
Section 841.011. Full Vesting of Accrued Benefits at Termination