The board may provide retirement benefits for district employees by:

1. (1) establishing or administering a retirement program; or

2. (2) participating in:

   1. (A) the Texas County and District Retirement System; or
   2. (B) another statewide retirement system in which the district is eligible to participate.

Added by Acts 2005, 79th Leg., Ch. 729 (H.B. 2019), Sec. 1.01, eff. April 1, 2007.