Texas Administrative Code (Last Updated: March 27,2024) |
TITLE 34. PUBLIC FINANCE |
PART 4. EMPLOYEES RETIREMENT SYSTEM OF TEXAS |
CHAPTER 76. CASH BALANCE BENEFIT |
SECTION 76.4. Optional Retirement Program
Latest version.
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For the sole purpose of determining eligibility to receive a cash balance retirement annuity, the system shall consider service performed as a participant in the optional retirement program under Tex. Gov't Code Chapter 830 as if it were service for which credit is established in the system. Each full or partial month of service shall count as one-twelfth of a year of creditable service.
Source Note: The provisions of this §76.4 adopted to be effective September 14, 2022, 47 TexReg 5498