34 Tex. Admin. Code § 51.12 - Applicability of Certain Laws in Effect Before September 1, 2005
(a) A person who retires under the Teacher
Retirement System of Texas (TRS) on or after September 1, 2005, and who meets
one or more of the following requirements on or before August 31, 2005, while a
member of TRS is governed by provisions of state law relating to early
retirement with at least twenty years of service credit under §
824.202(c),
Government Code, three year salary average under §
824.203, Government
Code, and the partial lump-sum option (PLSO) under §
824.2045, Government
Code, as those provisions existed prior to September 1, 2005:
(1) the person has attained age 50;
(2) the sum of the person's age and amount of
service credit in the retirement system equals 70 or greater; or
(3) the person has at least 25 years of
service credit in the retirement system.
(b) A member who meets at least one of the
requirements of subsection (a) of this section by August 31, 2005, before
termination of membership through withdrawal of member contributions or absence
from service shall be considered as continuing to be eligible under subsection
(a) of this section upon resumption of membership.
(c) Service that is credited on or before
August 31, 2005 with another Texas public retirement system and that meets all
requirements to be used for retirement eligibility under the proportionate
retirement program or the ERS/TRS transfer program may be considered to
determine eligibility of a TRS member under subsection (a)(2) and (3) of this
section.
(d) Purchased or
reinstated service credit in the retirement system may be considered to
determine eligibility of a TRS member under subsection (a)(2) and (3) of this
section if credited in accordance with uniform administrative requirements,
including payment deadlines, established by the retirement system in order to
complete processing for members who request purchase of service credit before
August 31, 2005.
Notes
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