34 Tex. Admin. Code § 29.4 - Actual Compensation
(a) Actual
compensation paid to a member is used in computing the highest five-years'
average compensation. The computation of average compensation for members with
credit transferred from the Employees Retirement System of Texas ("ERS") may
not include compensation for any month which was credited or should have been
credited by the ERS if the member received compensation for service the same
month covered by the Teacher Retirement System of Texas.
(b) A member eligible under §
51.12 of this title (relating to
Applicability of Certain Laws in Effect Before September 1, 2005) is eligible
for computation of average compensation using a three-year salary average
instead of a five-year salary average, as provided by §
824.203(a),
Government Code, prior to its amendment effective September 1, 2005, by Senate
Bill 1691, 79th Legislature, Regular Session (2005).
Notes
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