Texas Administrative Code
Title 34 - PUBLIC FINANCE
Part 3 - TEACHER RETIREMENT SYSTEM OF TEXAS
Chapter 25 - MEMBERSHIP CREDIT
Subchapter B - COMPENSATION
Section 25.25 - Required Deposits
Current through Reg. 49, No. 38; September 20, 2024
(a) Members shall deposit with the Teacher Retirement System of Texas the applicable percentage under § 825.402, Government Code of their compensation received each pay period, including compensation received for part-time, irregular, seasonal, or temporary employment in a school year in which the member rendered service eligible for membership and the part-time, irregular, seasonal, or temporary employment is concurrent with other employment or rendered in a school year in which the member has already rendered sufficient service in an eligible position or combination of positions to earn a year of service credit.
(b) Deposits due for a pay period must be deducted by the employer from the member's salary for that pay period.
(c) The employer must submit the deposits with each regular payroll report to TRS.
(d) A member employed in an eligible position or in a combination of positions that together qualifies as service eligible for membership, as defined in TRS laws and rules, must make contributions on all eligible compensation received from all TRS-covered employers.