Sec. 865.014. LOCAL CONTRIBUTIONS. (a) The governing body of a political subdivision shall contribute for each member performing emergency services or support services for the participating department for each month of service beginning on the date that the member enters the pension system at a rate determined in accordance with Subsection (b) and may make additional contributions as determined by the governing body of the political subdivision. The pension system may collect from the governing body of the political subdivision any contributions the governing body fails to make under this section and associated interest accrued in accordance with Subsection (c). The pension system shall deposit interest collected under this section into the fund.
(b) The state board by rule shall determine the minimum, and may determine a maximum, contribution for each member of a participating department for each month of qualified service at a rate the state board determines necessary, after consultation with the actuary, to make the pension system actuarially sound.
(c) Contributions required as provided by this section shall be paid at the times and in the manner that the state board prescribes by rule. Contributions required by this section shall be submitted by electronic funds transfer, by wire transfer, or as an automated clearinghouse withdrawal (ACH debit) unless the executive director grants an exception based on the difficulty of the use of those payment methods. Contributions that are not paid within the time required by the state board accrue interest at the most recent assumed actuarial rate of return on investments of the fund.
(d) The state board may by rule require a monthly contribution be made by the governing bodies of political subdivisions that do not participate in the pension system but whose employees or former employees are members or retirees of the pension system in an amount necessary to pay the expenses of administering benefits for those persons.
(e) The attorney general may file suit to collect unpaid accrued interest. Interest recovered shall be deposited in the fund.
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. 1.18, eff. June 14, 2013.
Acts 2015, 84th Leg., R.S., Ch. 290 (H.B. 1707), Sec. 1, eff. September 1, 2015.
Acts 2019, 86th Leg., R.S., Ch. 1165 (H.B. 3247), Sec. 34, eff. September 1, 2019.
Structure Texas Statutes
Title 8 - Public Retirement Systems
Subtitle H - Texas Emergency Services Retirement System
Section 865.001. Composition of State Board
Section 865.0011. Sunset Review
Section 865.002. Ineligibility of Certain Employees for State Board
Section 865.003. Compensation; Expenses
Section 865.0035. State Board Member Training
Section 865.005. Grounds for Removal of Trustees
Section 865.006. General Duties of State Board
Section 865.0061. Written Policy on Managing and Administering Contracts
Section 865.007. Administering System Assets
Section 865.008. Investment of Assets
Section 865.0095. Executive Director
Section 865.010. Executive Director's Duties
Section 865.011. Records and Reports
Section 865.0115. Participating Department Head
Section 865.0116. Participating Department Head's Duties
Section 865.0121. Delegation of Local Board Duties
Section 865.013. Monitoring of Contribution Submission
Section 865.014. Local Contributions
Section 865.015. State Contributions
Section 865.016. Administrative Penalty
Section 865.017. Interruption of Payments
Section 865.018. Certification of Fund
Section 865.019. Confidentiality of Information About Members, Retirees, and Beneficiaries