34 Tex. Admin. Code § 76.3 - Proportionate Service Purchases

(a) An individual participating in the Proportionate Retirement Program under Tex. Gov't Code Chapter 803 who did not establish and maintain ERS membership prior to September 1, 2022, may purchase previously canceled service credit in an amount equal to withdrawn member contributions but only for the purpose of establishing service credit and making a deposit under Tex. Gov't Code Chapter 820, including Section 820.032(c)(2) regarding eligibility to participate in the State Employees Group Benefits Program. The system shall receive an employer matching contribution for any individual purchasing previously canceled service credit under this section.

(b) Tex. Gov't Code Chapter 840A does not authorize the purchase of service credit previously canceled in the Judicial Retirement System of Texas Plan Two. An individual who is a cash balance group member under Chapter 840A may only purchase service credit previously canceled in another retirement system under Tex. Gov't Code § 803.202 or § 803.203.

Notes

34 Tex. Admin. Code § 76.3

Adopted by Texas Register, Volume 47, Number 36, September 9, 2022, TexReg 5498, eff. 9/14/2022; Amended by Texas Register, Volume 50, Number 15, April 11, 2025, TexReg 2436, eff. 4/16/2025