§ 21.103. COMPULSORY RETIREMENT PERMITTED FOR CERTAIN EMPLOYEES. This chapter does not prohibit the compulsory retirement of an employee who is: (1) at least 65 years of age; (2) employed in a bona fide executive or high policy-making position for the two years preceding retirement; and (3) entitled to an immediate, nonforfeitable annual retirement benefit from a pension, profit-sharing, savings, or deferred compensation plan or a combination of plans of the employee's employer that equals, in the aggregate, at least $27,000. Acts 1993, 73rd Leg., ch. 269, § 1, eff. Sept. 1, 1993.

Section: Previous 21.057 21.058 21.059 21.060 21.061 21.101 21.102 21.103 21.104 21.105 21.106 21.107 21.108 21.109 21.110 Next

Texas Lawyers

Doug Goyen Dallas - Fort Worth Injury Lawyer.
Wigington Rumley Houston Injury Lawyer.
JT Borah Denton Divorce Lawyer.
Helbing Firm Dallas Business Attorney.
Hersh Law Firm Dallas Employment Lawyer.
Nancy Kennedy Dallas Criminal Defense Lawyer.
John O. Kain Houston Mediator.
Forman Law Firm Texas Securities Lawyer.
Francisco G. Medina Houston Personal Injury Lawyer.
Anderson & Jones Dallas Business Attorney.
Derk A. Wadas Dallas Criminal Defense Attorney.
J. Michael Clay San Antonio Family Lawyer.

Last modified: August 10, 2007