(a) The board of trustees and the state employee charitable campaign policy committee established under § 659.140 shall coordinate responsibility for the administration of charitable deductions from annuity payments to the state employee charitable campaign under § 814.0095.
(b) The state employee charitable campaign policy committee is authorized to approve a budget that includes funding for as many of the expenses incurred by the retirement system associated with the implementation and administration of annuitants’ participation in the state employee charitable campaign as is practicable, including notification of annuitants.

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Terms Used In Texas Government Code 814.0096

  • Annuity: A periodic (usually annual) payment of a fixed sum of money for either the life of the recipient or for a fixed number of years. A series of payments under a contract from an insurance company, a trust company, or an individual. Annuity payments are made at regular intervals over a period of more than one full year.

(c) Except as provided by this subsection, the board of trustees shall charge an administrative fee to cover any costs not paid under Subsection (b) in the implementation of § 814.0095 to the charitable organizations participating in the state employee charitable campaign conducted under that section in the same proportion that the contributions to that charitable organization bear to the total of contributions in that campaign. The board of trustees shall determine the most efficient and effective method of collecting the administrative fee and shall adopt rules for the implementation of this subsection.
(d) If necessary, the board of trustees and the state employee charitable campaign policy committee may make the annuity deduction authorization under § 814.0095(a) available in stages to subgroups of the retirement system’s annuity recipients as money becomes available to cover the expenses under Subsection (b) of this section.