Tex. Education Code § 51.926
This is the official text of Tex. Education Code § 51.926, part of Texas’s Education Code — governs public schools and universities in Texas.
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§ 51.926. PAYROLL DEDUCTIONS FOR QUALIFIED RETIREMENT PLANS.
Official statutory text
(a) On written authorization from a football coach who is entitled to participate in a qualified football coaches plan, an institution of higher education may:
(1) enter into a salary reduction agreement under which the salary of the coach is reduced by the amount of contribution to the plan; and
(2) remit such contribution to the plan for credit to the coach's plan account.
(b) A person who participates in a qualified football coaches plan may also participate in another retirement plan or be a member of a retirement system established by law for employees of institutions of higher education.
(c) In this section:
(1) "Institution of higher education" has the meaning assigned by Section 61.003 of this code.
(2) "Qualified football coaches plan" means a retirement plan under Title 29 U.S.C. Section 1002(37)(F).
(1) enter into a salary reduction agreement under which the salary of the coach is reduced by the amount of contribution to the plan; and
(2) remit such contribution to the plan for credit to the coach's plan account.
(b) A person who participates in a qualified football coaches plan may also participate in another retirement plan or be a member of a retirement system established by law for employees of institutions of higher education.
(c) In this section:
(1) "Institution of higher education" has the meaning assigned by Section 61.003 of this code.
(2) "Qualified football coaches plan" means a retirement plan under Title 29 U.S.C. Section 1002(37)(F).
Status: in_force · Read it on the official government site
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