Texas Administrative Code
Title 34 - PUBLIC FINANCE
Part 3 - TEACHER RETIREMENT SYSTEM OF TEXAS
Chapter 27 - TERMINATION OF MEMBERSHIP AND REFUNDS
Section 27.10 - Forfeitures May Not Increase Benefits
Universal Citation: 34 TX Admin Code ยง 27.10
Current through Reg. 49, No. 38; September 20, 2024
Forfeitures resulting from a termination of a right to benefits as described in § 27.5 of this title (relating to Termination of Right to Benefits) may not be used to increase benefits to remaining members. This section shall not preclude an increase in benefits by amendment to the benefit formula of the plan made possible by favorable investment results or for any other reason.
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