Document Type
Report
Abstract
"Citizens of Texas in 1936 approved an amendment to the Texas constitution (Section 48a of Article III) establishing a retirement system for public school employees. The amendment provided: (1) state contributions to equal the amount paid by the member; (2) member contributions to be 5% of compensation received but not to exceed $180 per year; (3) no person to be eligible for an annuity who had taught fewer than 20 years in this state; and (4) funds to be invested in government and municipal bonds.
Caption title."
Publication Date
1-1-1994
Language
English
License
This work is licensed under a Creative Commons Attribution 4.0 International License.
Recommended Citation
Teacher Retirement System of Texas, "History of benefit improvements, 1937-1994" (1994). Documents from the State of Texas. 52.
https://mavmatrix.uta.edu/utalibraries_digitalprojects_stateoftexas/52
Comments
(OCoLC)30905871
Austin, Tex. : The System, [1994?]