Texas Administrative Code
Title 34 - PUBLIC FINANCE
Part 3 - TEACHER RETIREMENT SYSTEM OF TEXAS
Chapter 25 - MEMBERSHIP CREDIT
Subchapter M - OPTIONAL RETIREMENT PROGRAM
Section 25.171 - Election of ORP
Universal Citation: 34 TX Admin Code ยง 25.171
Current through Reg. 49, No. 38; September 20, 2024
(a) Members of the retirement system (TRS) may elect to participate in the optional retirement program (ORP) if:
(1) the member is employed
in a position in a Texas public institution of higher education eligible for
ORP participation;
(2) the time
limit for electing to participate in ORP has not expired; and
(3) the person has never exercised an
election between TRS and ORP participation.
(b) Persons who elect to participate in ORP must do so in writing on a form provided by the Teacher Retirement System of Texas to employing institutions for use by their eligible employees. A copy of the election to participate in ORP must be submitted to the Teacher Retirement System of Texas by the employer.
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