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Tex. Government Code § 844.004

STANDARD RETIREMENT ANNUITY

Texas · Texas Government Code · Status: effective

Banking, Finance & Insurance
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Tex. Government Code § 844.004, STANDARD RETIREMENT ANNUITY, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/659710
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(a) The standard retirement annuity payable under this subtitle is computed with an allowance for the possible payment of a benefit under Section 844.402 and is the actuarial equivalent of the sum of a member's: (1) accumulated contributions; (2) current service credit; (3) allocated prior service credit; and (4) multiple matching credit. (b) A standard retirement annuity is payable throughout the life of a retiree.