SECTION 41.11. Years of Service Credit Used to Determine Premiums

(a) In addition to other criteria that TRS may use to determine premiums, pursuant to section 1575.212, Insurance Code, TRS may use years of service credit to determine applicable premium rates.

(b) If TRS uses years of service credit to determine applicable premium rates, then to determine the applicable premium for a retiree, regardless of the retiree's effective date of retirement, TRS will use the retiree's years of service credit to which the retiree is entitled under the Chapter 823, Government Code, at the time of the TRS retirement.

(c) If TRS uses years of service credit to determine applicable premium rates, then to determine the applicable premium for surviving spouses and divorced spouses who elect COBRA coverage, TRS will use the retiree's years of service credit as determined by subsection (b) of this section.

Source Note: The provisions of this §41.11 adopted to be effective August 25, 2004, 29 TexReg 8132; amended to be effective February 9, 2006, 31 TexReg 709; amended to be effective August 15, 2019, 44 TexReg 4189