DEFINITION.
Tex. GOV'T Code § 840A.001.
in effectIn 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 and 840A.104 , respectively.
Added by Acts 2023, 88th Leg., R.S., Ch. 1092 (S.B. 1245 ), Sec. 16, eff. June 18, 2023.