34 Tex. Admin. Code § 25.25 - Required Deposits
(a) Members shall
deposit with the Teacher Retirement System of Texas the applicable percentage
under §
825.402, Government
Code of their compensation received each pay period, including compensation
received for part-time, irregular, seasonal, or temporary employment in a
school year in which the member rendered service eligible for membership and
the part-time, irregular, seasonal, or temporary employment is concurrent with
other employment or rendered in a school year in which the member has already
rendered sufficient service in an eligible position or combination of positions
to earn a year of service credit.
(b) Deposits due for a pay period must be
deducted by the employer from the member's salary for that pay
period.
(c) The employer must
submit the deposits with each regular payroll report to TRS.
(d) A member employed in an eligible position
or in a combination of positions that together qualifies as service eligible
for membership, as defined in TRS laws and rules, must make contributions on
all eligible compensation received from all TRS-covered employers.
Notes
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