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TITLE 34PUBLIC FINANCE
PART 3TEACHER RETIREMENT SYSTEM OF TEXAS
CHAPTER 25MEMBERSHIP CREDIT
SUBCHAPTER NINSTALLMENT PAYMENTS
RULE §25.183Nonpayment

The following occurrences shall be treated as nonpayment of installment payments that are due:

  (1) a check returned for any reason;

  (2) any bank draft which is not honored;

  (3) payroll deductions not received by the retirement system; or

  (4) a payment made by payroll deduction for which an employer making the deduction subsequently takes credit.

Source Note: The provisions of this §25.183 adopted to be effective September 1, 1992, 17 TexReg 5120; amended to be effective September 17, 1997, 22 TexReg 9255; amended to be effective June 15, 1999, 24 TexReg 4460; amended to be effective April 1, 2011, 36 TexReg 1839

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