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TITLE 34 | PUBLIC FINANCE |
PART 6 | TEXAS MUNICIPAL RETIREMENT SYSTEM |
CHAPTER 125 | ACTIONS OF PARTICIPATING MUNICIPALITIES |
RULE §125.5 | Limitations on Buy Back Ordinances |
Ordinances of participating municipalities agreeing to underwrite and assume the obligations rising out of the granting of creditable service under §853.003 of the Act, to persons who had terminated a previous membership, shall be limited to persons in the employment of the consenting municipality at the date specified in the ordinance, which date shall not be subsequent to the effective date of the ordinance. |
Source Note: The provisions of this §125.5 adopted to be effective April 25, 2021, 46 TexReg 2587 |