Texas § GV.813.513 - CREDIT PURCHASE OPTION
Full text of Texas The Texas Constitution § GV.813.513 — CREDIT PURCHASE OPTION, with citation guidance and answers to common questions.
§ GV.813.513. CREDIT PURCHASE OPTION
CREDIT PURCHASE OPTION. (a) An eligible member may establish not more than 36 months of equivalent membership service credit, including law enforcement or custodial officer service, in either the elected class or the employee class. (b) A member is eligible to establish service credit under this section if the member has at least 120 months of actual membership service of the type of service that the member seeks to establish. (c) A member may establish service credit under this section by depositing with the retirement system, for each month of service credit, the actuarial present value, at the time of deposit, of the additional standard retirement annuity benefits that would be attributable to the purchase of the service credit under this section, based on rates and tables recommended by the retirement system's actuary and adopted by the board of trustees. (d) After a member makes the deposits required by this section, the retirement system shall grant the member one month of equivalent membership service credit for each month of credit approved. (e) The retirement system shall deposit the amount of the actuarial present value of the service credit purchased in the member's individual account in the employees saving account. (f) The board of trustees may adopt rules to administer this section, including rules that impose restrictions on the application of this section as necessary to cost-effectively administer this section. Added by Acts 2001, 77th Leg., ch. 1231, Sec. 6, eff. Jan. 1, 2002. Amended by: Acts 2005, 79th Leg., Ch. 347 (S.B. 1176 ), Sec. 9, eff. January 1, 2006.
Source: official Texas text · Last verified 2026-08-27
Frequently Asked Questions About Texas § GV.813.513
What does The Texas Constitution § GV.813.513 cover?
Section GV.813.513 ("CREDIT PURCHASE OPTION") is part of the The Texas Constitution, the codified statutory law of Texas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Texas § GV.813.513?
A common citation format is "The Texas Constitution § GV.813.513" (Texas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Texas law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Texas official source linked on this page or consult a licensed Texas attorney.
How does Texas § GV.813.513 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Texas can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Texas.