(a) In addition to other criteria that TRS may use
to determine premiums, pursuant to section 1575.212, Insurance Code,
TRS may use years of service credit to determine applicable premium
rates.
(b) If TRS uses years of service credit to determine
applicable premium rates, then to determine the applicable premium
for a retiree, regardless of the retiree's effective date of retirement,
TRS will use the retiree's years of service credit to which the retiree
is entitled under the Chapter 823, Government Code, at the time of
the TRS retirement.
(c) If TRS uses years of service credit to determine
applicable premium rates, then to determine the applicable premium
for surviving spouses and divorced spouses who elect COBRA coverage,
TRS will use the retiree's years of service credit as determined by
subsection (b) of this section.
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Source Note: The provisions of this §41.11 adopted to be effective August 25, 2004, 29 TexReg 8132; amended to be effective February 9, 2006, 31 TexReg 709; amended to be effective August 15, 2019, 44 TexReg 4189 |