Texas Administrative Code
Title 34 - PUBLIC FINANCE
Part 5 - TEXAS COUNTY AND DISTRICT RETIREMENT SYSTEM
Chapter 111 - TERMINATION OF PARTICIPATION: SUBDIVISIONS
Section 111.4 - Notices-Involuntary Termination

Universal Citation: 34 TX Admin Code ยง 111.4

Current through Reg. 49, No. 38; September 20, 2024

(a) In the case of an involuntary termination under § 842.053, Government Code, the retirement system will provide written notice to the presiding officer of the subdivision's governing body, if any, or its successor, if any, and to each member and annuitant with respect to the subdivision of the consideration by the board of trustees of the retirement system to terminate the participation of the subdivision in the retirement system. The written notice shall be sent by first class mail to each person's most recent address of record with the system. The notice will be a summary of the process and the general effect of plan termination, and will state the date of the meeting at which the subject of the termination of the subdivision's participation in TCDRS will be considered by the board of trustees.

(b) The written notices described in subsection (a) of this section will be mailed on or before the tenth day preceding the date of the meeting at which the subject of the termination of the subdivision's TCDRS participation will be considered by the board of trustees.

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