(a) Annuities with an effective date before September 1, 2001, that are based on service retirements, disability retirements, or deaths pursuant to the Government Code, Title 8, §§814.104, 814.107, 814.206, 814.207, 814.301, 814.302, or 814.305, shall be adjusted pursuant to the provisions of §45 of Senate Bill 292, 77th Legislature, 2001.
(b) Any adjustment pursuant to this section must be made to all annuitants who are similarly situated.
(c) This section supersedes conflicting portions of existing plan provisions.
(d) Adjustments to annuities under this section must be in compliance with the Internal Revenue Code of 1986, §401(a) and the Government Code, Title 8, §811.006.
(e) Annuities based on service credited under Government Code, Title 8, §813.401, shall be adjusted to reflect the plan design changes provided by §814.105 that are effective September 1, 2001.
Source Note: The provisions of this §73.31 adopted to be effective January 1, 1992, 16 TexReg 7538; amended to be effective March 15, 1996, 21 TexReg 1774; amended to be effective September 15, 1997, 22 TexReg 9005; amended to be effective January 8, 2002, 27 TexReg 274; amended to be effective June 11, 2019, 44 TexReg 2848