Texas Government Code 606.029 – Delinquent Payments
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(a) The retirement system may require in an agreement with a political subdivision that interest be paid on delinquent payments.
(b) The retirement system may bring suit to collect a delinquent payment and interest on the payment.
Terms Used In Texas Government Code 606.029
- Comptroller: means the state comptroller of public accounts. See Texas Government Code 312.011
(c) The retirement system may direct the comptroller to deduct a delinquent payment and interest from funds payable by the state to the delinquent political subdivision that are expressly subject to deduction. The comptroller shall send to the retirement system in trust the amount deducted for the contribution of the delinquent political subdivision.