<<Prev Rule

Texas Administrative Code

Next Rule>>
TITLE 34PUBLIC FINANCE
PART 3TEACHER RETIREMENT SYSTEM OF TEXAS
CHAPTER 25MEMBERSHIP CREDIT
SUBCHAPTER NINSTALLMENT PAYMENTS
RULE §25.185Amounts Not Refundable

(a) The 9.0% per annum fee required by the Government Code, §825.410(g), is not refundable to either a member or beneficiary for any reason.

(b) Installment payments that have already established service credit are not refundable to a member or beneficiary unless a refund of total accumulated contributions is made to a member or beneficiary.

(c) The following amounts are not refundable to a member or beneficiary unless a refund of total accumulated contributions is made to a member or beneficiary:

  (1) amounts paid for unreported service deposits, less fees; or

  (2) amounts paid for ineligible withdrawn service deposits, less fees.


Source Note: The provisions of this §25.185 adopted to be effective September 1, 1992, 17 TexReg 5120; amended to be effective June 15, 1999, 24 TexReg 4460

Link to Texas Secretary of State Home Page | link to Texas Register home page | link to Texas Administrative Code home page | link to Open Meetings home page