Tex. Gov't Code Section 840A.001
Definition


In this chapter, “accumulated account balance” means the total of amounts in a member’s individual account in the retirement system, including:

(1)

amounts deducted from the compensation of the member;

(2)

other member deposits required to be placed in the member’s individual account; and

(3)

interest credited to amounts in the member’s individual account, including interest and gain sharing interest credited in accordance with Sections 840A.103 (Annual Interest Adjustment) and 840A.104 (Gain Sharing Interest Adjustment), respectively.
Added by Acts 2023, 88th Leg., R.S., Ch. 1092 (S.B. 1245), Sec. 16, eff. June 18, 2023.

Source: Section 840A.001 — Definition, https://statutes.­capitol.­texas.­gov/Docs/GV/htm/GV.­840A.­htm#840A.­001 (accessed May 18, 2024).

Accessed:
May 18, 2024

§ 840A.001’s source at texas​.gov