Texas Administrative Code
Title 34 - PUBLIC FINANCE
Part 6 - TEXAS MUNICIPAL RETIREMENT SYSTEM
Chapter 123 - ACTUARIAL TABLES AND BENEFIT REQUIREMENTS
Section 123.4 - Month of Credited Service and Year of Credited Service Defined
Universal Citation: 34 TX Admin Code ยง 123.4
Current through Reg. 49, No. 38; September 20, 2024
(a) A month of credited service is any calendar month in which a member makes a required contribution, as reported to the system by the participating municipality.
(b) A year of credited service is comprised of any 12 months of credited service, whether or not the months are consecutive.
(c) No service credit will be given to a participant for a contribution received by the system after termination of membership in accordance with §852.104 of the Act, unless such person is reemployed for a participating municipality pursuant to §§852.108 and 852.109 of the Act.
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