Texas Administrative Code (Last Updated: March 27,2024) |
TITLE 34. PUBLIC FINANCE |
PART 3. TEACHER RETIREMENT SYSTEM OF TEXAS |
CHAPTER 25. MEMBERSHIP CREDIT |
SUBCHAPTER N. INSTALLMENT PAYMENTS |
SECTION 25.183. Nonpayment
Latest version.
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The following occurrences shall be treated as nonpayment of installment payments that are due:
(1) a check returned for any reason; (2) any bank draft which is not honored; (3) payroll deductions not received by the retirement system; or (4) a payment made by payroll deduction for which an employer making the deduction subsequently takes credit. Source Note: The provisions of this §25.183 adopted to be effective September 1, 1992, 17 TexReg 5120; amended to be effective September 17, 1997, 22 TexReg 9255; amended to be effective June 15, 1999, 24 TexReg 4460; amended to be effective April 1, 2011, 36 TexReg 1839