107.002 – DEFINITION OF "PUBLIC PENSION FUND." In this
Texas Local Government Code § 107.002
Summary
This section defines what constitutes a public pension fund in Texas, specifically for municipal employees. It clarifies that such funds provide retirement and related benefits but excludes certain programs like workers' compensation and federal plans.
Defines public pension funds for municipal employees.
Includes retirement, disability, and death benefits.
Excludes workers' compensation and federal government programs.
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In simple terms: Learn about Texas's DEFINITION OF "PUBLIC PENSION FUND." In this law, including definitions, penalties, and legal implications.. This means people must follow this rule, and breaking it can lead to criminal penalties.
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