Texas Administrative Code
Title 34 - PUBLIC FINANCE
Part 6 - TEXAS MUNICIPAL RETIREMENT SYSTEM
Chapter 123 - ACTUARIAL TABLES AND BENEFIT REQUIREMENTS
Section 123.6 - Updated Service Credit Calculations
Universal Citation: 34 TX Admin Code ยง 123.6
Current through Reg. 49, No. 38; September 20, 2024
(a) In calculating the average updated service compensation used in the Updated Service Credit calculation, the highest and lowest deposits in the thirty-six (36) month period being used shall be disregarded, and the average updated service compensation shall be computed based on the remaining thirty-four (34) deposits.
(b) This rule is effective January 1, 2008.
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