<<Prev Rule

Texas Administrative Code

Next Rule>>
TITLE 34PUBLIC FINANCE
PART 6TEXAS MUNICIPAL RETIREMENT SYSTEM
CHAPTER 125ACTIONS OF PARTICIPATING MUNICIPALITIES
RULE §125.3Effect of Adopting Composite Participating Due

A city which elects to adopt a composite participating date will be treated as if a single department for determining amortization periods and normal and prior service contribution rates; but accumulated prior service credits will be based on actual participating dates and periods of current service.


Source Note: The provisions of this §125.3 adopted to be effective April 25, 2021, 46 TexReg 2587

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