1005.065 – RETIREMENT BENEFITS. The board may provide
Texas Special District Local Laws Code § 1005.065
Summary
This law allows the board of a district and hospital system to provide retirement benefits for its employees. It can do this by either creating its own retirement program or joining an existing statewide retirement system.
Board can establish its own retirement program.
Participation in Texas County and District Retirement System is allowed.
Eligibility for other statewide retirement systems is also permitted.
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In simple terms: Learn about Texas's RETIREMENT BENEFITS. The board may provide 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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