Sec. 825.3121. DEFERRED RETIREMENT OPTION ACCOUNT. (a) The retirement system shall deposit in the deferred retirement option account the amounts required to be deposited in the account by Section 824.804(a) and interest as required by Section 824.807.
(b) The retirement system shall pay from the account all benefits accrued during participation in the deferred retirement option plan.
Added by Acts 1997, 75th Leg., ch. 1416, Sec. 27, eff. Sept. 1, 1997.
Section: Previous 825.305 825.306 825.307 825.308 825.309 825.311 825.312 825.3121 825.313 825.314 825.315 825.402 825.403 825.4035 825.404 NextLast modified: September 28, 2016