Texas Administrative Code
Title 34 - PUBLIC FINANCE
Part 3 - TEACHER RETIREMENT SYSTEM OF TEXAS
Chapter 25 - MEMBERSHIP CREDIT
Subchapter N - INSTALLMENT PAYMENTS
Section 25.189 - Fees Set at the Time of First Payment
Universal Citation: 34 TX Admin Code ยง 25.189
Current through Reg. 49, No. 38; September 20, 2024
For purposes of a statute or rule which provides that a fee is to be charged from the date of eligibility until the date payment for the credit is received or until date of redeposit, payment may be considered received or redeposited when a member makes the first installment payment. If the installment payments are refunded and if the same credit is purchased at a later time, the member may no longer claim the first payment date as the date on which payment for the credit is received for the purpose of calculating the fees due.
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