Texas Administrative Code
Title 34 - PUBLIC FINANCE
Part 3 - TEACHER RETIREMENT SYSTEM OF TEXAS
Chapter 25 - MEMBERSHIP CREDIT
Subchapter F - VETERAN'S (USERRA) SERVICE CREDIT
Section 25.74 - Cost
Current through Reg. 49, No. 38; September 20, 2024
(a) To obtain service credit for active military duty under the Uniformed Services Employment and Re-Employment Rights Act (USERRA) and § 25.71 of this title (relating to Service Credit for Eligible Active Duty under the Uniformed Services Employment and Re-Employment Rights Act), the member must deposit with the retirement system for each school year of service claimed an amount equal to member contributions based on the following:
(b) To obtain credit for member compensation for active military duty under the USERRA and § 25.71 of this title, the member must deposit with the retirement system for each school year of salary credit claimed an amount equal to member contributions based on the following:
(c) Credit for member compensation may be established for any school year of active military duty eligible under the USERRA and § 25.71 of this title, even if service credit has already been granted for the school year for service in the public schools of Texas.
(d) Establishment of compensation credit does not entitle a member to service credit for a school year unless no service credit has been granted for the school year through sufficient service in the public schools of Texas.
(e) A member is first eligible to establish credit under § 25.71 of this title on the date of application for reemployment in a TRS covered position or on November 12, 1991, whichever is later.
(f) Service credit purchased under this section shall be purchased in the order in which the service was rendered, with the earliest years of military service being purchased first.
(g) The amount required to establish service credit under subsection (a) of this section and the amount required to establish compensation credit under subsection (b) of this section must be submitted in a lump sum equal to the cost to purchase at least one year of service or compensation credit and may not be submitted using the installment method of payment.