Sec. 855.403. COLLECTION OF MUNICIPALITY CONTRIBUTIONS. (a) Before the 16th day of each month, each participating municipality shall pay or cause to be paid to the retirement system at the system's office expense contributions in accordance with Section 855.404, current service contributions in accordance with Section 855.405, and prior service contributions in accordance with Section 855.406.
(b) Unless otherwise provided for and paid by a municipality, a municipality shall pay its contributions to the retirement system from:
(1) the fund from which earnings are paid to members; or
(2) the general fund of the municipality.
Acts 1981, 67th Leg., p. 1876, ch. 453, Sec. 1, eff. Sept. 1, 1981. Renumbered from Vernon's Ann.Civ.St. Title 110B, Sec. 65.403 and amended by Acts 1989, 71st Leg., ch. 179, Sec. 1, eff. Sept. 1, 1989.
Structure Texas Statutes
Title 8 - Public Retirement Systems
Subtitle G - Texas Municipal Retirement System
Subchapter E. Collection of Contributions
Section 855.401. Member Contributions
Section 855.402. Collection of Member Contributions
Section 855.403. Collection of Municipality Contributions
Section 855.404. Municipality Expense Contribution
Section 855.405. Municipality Normal Contribution
Section 855.406. Municipality Prior Service Contribution
Section 855.4065. Additional Employer Contributions
Section 855.407. Limitation on Municipality Contribution Rates
Section 855.408. Municipality Supplemental Death Benefits Contribution