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).


40 Tex. Admin. Code § 610.22
Adopted by Texas Register, Volume 47, Number 42, October 21, 2022, TexReg 7068, eff. 10/26/2022

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