40 Tex. Admin. Code § 610.22 - Application of Revised Funding Soundness Restoration Plan Exemption
(a) A public retirement system's actuarial
valuation must be dated after September 1, 2025, to qualify for the revision
exemption under Texas Government Code §
802.2015(d-1)(1)
or §
802.2016(d-1)(1).
(b) The revision exemption does not apply to
a system adhering to a legacy funding soundness restoration plan before the
date prescribed by § 610.21 of this chapter (relating to Completion of a
Legacy Funding Soundness Restoration Plan).
Notes
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