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 2009, 81st Leg., R.S., Ch. 876 (S.B. 2517), Sec. 3.01, eff. June 19, 2009.