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TITLE 34PUBLIC FINANCE
PART 6TEXAS MUNICIPAL RETIREMENT SYSTEM
CHAPTER 123ACTUARIAL TABLES AND BENEFIT REQUIREMENTS
RULE §123.4Month of Credited Service and Year of Credited Service Defined

(a) A month of credited service is any calendar month in which a member makes a required contribution, as reported to the system by the participating municipality.

(b) A year of credited service is comprised of any 12 months of credited service, whether or not the months are consecutive.

(c) No service credit will be given to a participant for a contribution received by the system after termination of membership in accordance with §852.104 of the Act, unless such person is reemployed for a participating municipality pursuant to §§852.108 and 852.109 of the Act.


Source Note: The provisions of this §123.4 adopted to be effective November 19, 2020, 45 TexReg 8171

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