- (a) The annual interest rate established by Tex. Gov't Code §820.102 shall be applied to a cash balance group member's accumulated account balance, adjusted for compounding, at the beginning of each month before any contribution is deposited.
- (b) The system shall not recalculate any annuity based on annual interest.
Source Note:The provisions of this §76.9 adopted to be effective September 14, 2022, 47 TexReg 5498.