Texas Administrative Code
Title 34 - PUBLIC FINANCE
Part 6 - TEXAS MUNICIPAL RETIREMENT SYSTEM
Chapter 125 - ACTIONS OF PARTICIPATING MUNICIPALITIES
Section 125.5 - Limitations on Buy Back Ordinances
Universal Citation: 34 TX Admin Code ยง 125.5
Current through Reg. 49, No. 12; March 22, 2024
Ordinances of participating municipalities agreeing to underwrite and assume the obligations rising out of the granting of creditable service under §853.003 of the Act, to persons who had terminated a previous membership, shall be limited to persons in the employment of the consenting municipality at the date specified in the ordinance, which date shall not be subsequent to the effective date of the ordinance.
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