State Codes and Statutes

Statutes > Texas > Government-code > Title-8-public-retirement-systems > Chapter-863-creditable-service

GOVERNMENT CODE

TITLE 8. PUBLIC RETIREMENT SYSTEMS

SUBTITLE H. TEXAS EMERGENCY SERVICES RETIREMENT SYSTEM

CHAPTER 863. CREDITABLE SERVICE

Sec. 863.001. CREDIT FOR CURRENT SERVICE. A member is entitled

to receive credit in the pension system for each month of

qualified service for which the system receives the contributions

required by this subtitle.

Added by Acts 2005, 79th Leg., Ch.

803, Sec. 1, eff. September 1, 2005.

Sec. 863.002. CREDIT FOR MILITARY SERVICE. The pension system

shall grant credit for qualified service for military duty in

accordance with Section 414(u) of the Internal Revenue Code of

1986 (26 U.S.C. Section 414(u)) and other applicable federal law.

Added by Acts 2005, 79th Leg., Ch.

803, Sec. 1, eff. September 1, 2005.

Sec. 863.003. TRANSFER OF SERVICE CREDIT. A member who

terminates service, except by retirement, and later resumes

service with the same participating department or begins service

with another participating department may transfer all previously

accrued service credit to the new department.

Added by Acts 2005, 79th Leg., Ch.

803, Sec. 1, eff. September 1, 2005.

Sec. 863.004. PRIOR SERVICE OF MEMBER BEFORE DEPARTMENTAL

PARTICIPATION. The state board by rule may authorize the

granting of credit for service with a participating department

that was performed before the date the department began

participation in the pension system. The costs of granting prior

service credit under this section must be determined on a basis

that maintains the pension system as actuarially sound.

Added by Acts 2005, 79th Leg., Ch.

803, Sec. 1, eff. September 1, 2005.

Sec. 863.005. CHARGE FOR CERTAIN PAST DUE CONTRIBUTIONS. The

state board by rule may impose an interest charge on

contributions due because of a correction of an error by a local

board related to enrollment or qualified service. The charge

must be based on the pension system's current assumed rate of

return. Charges collected shall be deposited in the fund.

Added by Acts 2009, 81st Leg., R.S., Ch.

697, Sec. 5, eff. September 1, 2009.

State Codes and Statutes

Statutes > Texas > Government-code > Title-8-public-retirement-systems > Chapter-863-creditable-service

GOVERNMENT CODE

TITLE 8. PUBLIC RETIREMENT SYSTEMS

SUBTITLE H. TEXAS EMERGENCY SERVICES RETIREMENT SYSTEM

CHAPTER 863. CREDITABLE SERVICE

Sec. 863.001. CREDIT FOR CURRENT SERVICE. A member is entitled

to receive credit in the pension system for each month of

qualified service for which the system receives the contributions

required by this subtitle.

Added by Acts 2005, 79th Leg., Ch.

803, Sec. 1, eff. September 1, 2005.

Sec. 863.002. CREDIT FOR MILITARY SERVICE. The pension system

shall grant credit for qualified service for military duty in

accordance with Section 414(u) of the Internal Revenue Code of

1986 (26 U.S.C. Section 414(u)) and other applicable federal law.

Added by Acts 2005, 79th Leg., Ch.

803, Sec. 1, eff. September 1, 2005.

Sec. 863.003. TRANSFER OF SERVICE CREDIT. A member who

terminates service, except by retirement, and later resumes

service with the same participating department or begins service

with another participating department may transfer all previously

accrued service credit to the new department.

Added by Acts 2005, 79th Leg., Ch.

803, Sec. 1, eff. September 1, 2005.

Sec. 863.004. PRIOR SERVICE OF MEMBER BEFORE DEPARTMENTAL

PARTICIPATION. The state board by rule may authorize the

granting of credit for service with a participating department

that was performed before the date the department began

participation in the pension system. The costs of granting prior

service credit under this section must be determined on a basis

that maintains the pension system as actuarially sound.

Added by Acts 2005, 79th Leg., Ch.

803, Sec. 1, eff. September 1, 2005.

Sec. 863.005. CHARGE FOR CERTAIN PAST DUE CONTRIBUTIONS. The

state board by rule may impose an interest charge on

contributions due because of a correction of an error by a local

board related to enrollment or qualified service. The charge

must be based on the pension system's current assumed rate of

return. Charges collected shall be deposited in the fund.

Added by Acts 2009, 81st Leg., R.S., Ch.

697, Sec. 5, eff. September 1, 2009.


State Codes and Statutes

State Codes and Statutes

Statutes > Texas > Government-code > Title-8-public-retirement-systems > Chapter-863-creditable-service

GOVERNMENT CODE

TITLE 8. PUBLIC RETIREMENT SYSTEMS

SUBTITLE H. TEXAS EMERGENCY SERVICES RETIREMENT SYSTEM

CHAPTER 863. CREDITABLE SERVICE

Sec. 863.001. CREDIT FOR CURRENT SERVICE. A member is entitled

to receive credit in the pension system for each month of

qualified service for which the system receives the contributions

required by this subtitle.

Added by Acts 2005, 79th Leg., Ch.

803, Sec. 1, eff. September 1, 2005.

Sec. 863.002. CREDIT FOR MILITARY SERVICE. The pension system

shall grant credit for qualified service for military duty in

accordance with Section 414(u) of the Internal Revenue Code of

1986 (26 U.S.C. Section 414(u)) and other applicable federal law.

Added by Acts 2005, 79th Leg., Ch.

803, Sec. 1, eff. September 1, 2005.

Sec. 863.003. TRANSFER OF SERVICE CREDIT. A member who

terminates service, except by retirement, and later resumes

service with the same participating department or begins service

with another participating department may transfer all previously

accrued service credit to the new department.

Added by Acts 2005, 79th Leg., Ch.

803, Sec. 1, eff. September 1, 2005.

Sec. 863.004. PRIOR SERVICE OF MEMBER BEFORE DEPARTMENTAL

PARTICIPATION. The state board by rule may authorize the

granting of credit for service with a participating department

that was performed before the date the department began

participation in the pension system. The costs of granting prior

service credit under this section must be determined on a basis

that maintains the pension system as actuarially sound.

Added by Acts 2005, 79th Leg., Ch.

803, Sec. 1, eff. September 1, 2005.

Sec. 863.005. CHARGE FOR CERTAIN PAST DUE CONTRIBUTIONS. The

state board by rule may impose an interest charge on

contributions due because of a correction of an error by a local

board related to enrollment or qualified service. The charge

must be based on the pension system's current assumed rate of

return. Charges collected shall be deposited in the fund.

Added by Acts 2009, 81st Leg., R.S., Ch.

697, Sec. 5, eff. September 1, 2009.