34 Tex. Admin. Code § 25.85 - Amount of Out-of-State Service Which Can Be Purchased
(a) Credit is limited to one year of
out-of-state service for each year in Texas.
(b) No out-of-state service can be used to
compute any benefit for any person with less than 5 years service in
Texas.
(c) Not more than 15 years
out-of-state service can be purchased in accordance with Government Code,
§
823.401, provided
that if any of the years of out-of-state service is considered nonqualified
service, no more than five years of nonqualified service credit can be
purchased. For purposes of this section, nonqualified service means the
member's out-of-state service is currently maintained in another public
retirement system from which the member has a right to receive a distribution,
including a refund of contributions.
(d) Any purchase is subject to applicable
plan qualification requirements, including applicable plan limitations on
member contributions.
Notes
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