Sec. 862.001. PARTICIPATION BY DEPARTMENT. (a) For purposes of this section, "department" means a department or other organization that:
(1) performs emergency services, including a volunteer fire department, as defined by Section 614.101; and
(2) is not a for-profit entity.
(a-1) The governing body of a department may, in the manner provided for taking official action by the body, elect to participate in the pension system. The governing body of a department shall notify the executive director as soon as practicable of an election made under this subsection. Except as provided by Subsection (b), an election to participate under this subsection is irrevocable.
(b) The state board may adopt rules that allow the governing body of a participating department to revoke its election to participate in the pension system under Subsection (a-1) in a manner that maintains an actuarially sound pension system.
Added by Acts 2005, 79th Leg., Ch. 803 (S.B. 522), Sec. 1, eff. September 1, 2005.
Amended by:
Acts 2013, 83rd Leg., R.S., Ch. 1316 (S.B. 220), Sec. 1.03, eff. June 14, 2013.
Acts 2019, 86th Leg., R.S., Ch. 1165 (H.B. 3247), Sec. 3, eff. September 1, 2019.
Structure Texas Statutes
Title 8 - Public Retirement Systems
Subtitle H - Texas Emergency Services Retirement System
Section 862.001. Participation by Department
Section 862.002. Membership by Individual
Section 862.0021. Waiting Period Before Membership
Section 862.0025. Membership by Support Staff