A member is eligible to retire and receive a cash balance annuity if the member:

1. (1) is at least 60 years old and has at least eight years of service credited in the retirement system; or
2. (2) is at least 50 years old and has at least 12 years of service credited in the retirement system.

Added by Acts 2023, 88th Leg., R.S., Ch. 1092 (S.B. 1245), Sec. 16, eff. June 18, 2023.