Texas Administrative Code
Title 34 - PUBLIC FINANCE
Part 3 - TEACHER RETIREMENT SYSTEM OF TEXAS
Chapter 29 - BENEFITS
Subchapter E - DEFERRED RETIREMENT OPTION PLAN
Section 29.62 - Unemployment during Deferred Retirement Option Plan
Universal Citation: 34 TX Admin Code ยง 29.62
Current through Reg. 49, No. 38; September 20, 2024
When a participant in the Deferred Retirement Option Plan (DROP) is not an employee for whatever reason, the participant may continue to participate in DROP. Deposits to DROP will continue to be made on the part of the plan to the person's DROP account during any period of continued participation. Interest will continue to be credited during all periods until final distribution by the plan. Periods of unemployment do not extend the period of participation originally elected.
Disclaimer: These regulations may not be the most recent version. Texas may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.