Texas Administrative Code
Title 34 - PUBLIC FINANCE
Part 6 - TEXAS MUNICIPAL RETIREMENT SYSTEM
Chapter 125 - ACTIONS OF PARTICIPATING MUNICIPALITIES
Section 125.3 - Effect of Adopting Composite Participating Due
Universal Citation: 34 TX Admin Code ยง 125.3
Current through Reg. 49, No. 12; March 22, 2024
A city which elects to adopt a composite participating date will be treated as if a single department for determining amortization periods and normal and prior service contribution rates; but accumulated prior service credits will be based on actual participating dates and periods of current service.
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