Texas Education Code - Section 51.9325. Retirement Incentives
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§ 51.9325. RETIREMENT INCENTIVES. (a) A medical and
dental unit may offer a retirement incentive to an employee of the
unit who is eligible to retire under Subtitle C, Title 8, Government
Code.
(b) A medical and dental unit offering a retirement
incentive plan shall file the plan with the Legislative Budget
Board not later than the 61st day before the date the plan is
implemented and shall provide the board with any information
concerning the plan required by the board.
(c) A medical and dental unit may not rehire an employee
receiving a retirement incentive under this section without the
specific approval of the president of the unit. The president may
not delegate this responsibility to any other employee of the unit.
(d) A retirement incentive offered to an employee by a
medical and dental unit under this section must be paid from
institutional funds or hospital or clinic fees.
(e) A retirement incentive paid by a medical and dental unit
to an employee is not subject to any provision of state law that
entitles the employee to benefits based on salary or compensation,
including contributions under Subtitle C, Title 8, Government Code.
(f) In this section:
(1) "Institutional funds" has the meaning assigned by
Section 51.009(b).
(2) "Medical and dental unit" has the meaning assigned
by Section 61.003 and includes a school of veterinary medicine and a
health care facility operated by a medical and dental unit, except
that the term does not include The University of Texas M. D.
Anderson Cancer Center.
Added by Acts 1995, 74th Leg., ch. 736, § 1, eff. June 15, 1995.
Renumbered from V.T.C.A., Education Code § 51.932 by Acts 1997,
75th Leg., ch. 165, § 31.01(20), eff. Sept. 1, 1997.
Section: 51.926 51.927 51.928 51.929 51.930 51.931 51.932 51.9325 51.933 51.9335 51.934 51.935 51.9355 51.936 51.937
Last modified: August 10, 2007
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