Texas § GV.843.402 - CURRENT SERVICE CREDIT AND MULTIPLE MATCHING CREDIT
Full text of Texas The Texas Constitution § GV.843.402 — CURRENT SERVICE CREDIT AND MULTIPLE MATCHING CREDIT, with citation guidance and answers to common questions.
§ GV.843.402. CURRENT SERVICE CREDIT AND MULTIPLE MATCHING CREDIT
CURRENT SERVICE CREDIT AND MULTIPLE MATCHING CREDIT. (a) Current service credit is a monetary amount credited by a subdivision to be computed at a member's effective retirement date and used in determining the member's basic annuity. At the determination date, a member's current service credit is an amount equal to the sum of the employee contributions in the member's individual account and the interest accumulated on those contributions as provided by this subtitle. (b) Multiple matching credit is a monetary amount credited by the governing body of a subdivision to be computed at a member's effective retirement date and, together with any prior service credit, used in determining a member's supplemental annuity. Multiple matching credit is an amount equal to a percentage of the sum of employee contributions in a member's individual account that were made for a particular calendar year and the interest accumulated on those contributions as provided under this subtitle. At the determination date, the multiple matching credit of a member is equal to the sum of the multiple matching credit for all years of the person's membership. (c) The percentage to be used in the computation of the multiple matching credit for a particular year is adopted by the governing body of a subdivision and applied in accordance with this subtitle. Added by Acts 2007, 80th Leg., R.S., Ch. 873 (H.B. 1587 ), Sec. 22, eff. January 1, 2008. SUBCHAPTER F. OPTIONAL CREDITED SERVICE
Source: official Texas text · Last verified 2026-08-27
Frequently Asked Questions About Texas § GV.843.402
What does The Texas Constitution § GV.843.402 cover?
Section GV.843.402 ("CURRENT SERVICE CREDIT AND MULTIPLE MATCHING CREDIT") 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.843.402?
A common citation format is "The Texas Constitution § GV.843.402" (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.843.402 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.