34 Tex. Admin. Code § 29.11 - Actuarial Tables
(a) Actuarial tables
furnished by the TRS actuary of record will be used for computation of
benefits. Factors for ages or types of annuities not included in the tables
will be computed from the same data by the same general formulas.
(b) The Teacher Retirement System adopts the
actuary's early age reduction factors. The factor tables are as follows:
(c) The Teacher Retirement
System adopts the actuary's factors for service retirement options. The factor
tables are as follows:
(d) The Teacher Retirement
System adopts the actuary's factors for disabled member retirement options. The
factor tables are as follows:
(e) The Teacher Retirement
System adopts the actuary's reserve transfer factors. The reserve transfer
factor tables are as follows:
(f) The board of trustees
may change the tables or adopt new tables from time to time by amending this
section; provided, however, that any such change does not result in any retiree
or member eligible for service retirement with an unreduced annuity as of the
date of the change receiving a smaller benefit than the benefit computed
immediately before the change.
Notes
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