<<Prev Rule

Texas Administrative Code

Next Rule>>
TITLE 34PUBLIC FINANCE
PART 3TEACHER RETIREMENT SYSTEM OF TEXAS
CHAPTER 51GENERAL ADMINISTRATION
RULE §51.5Waiver of Deadline to Remit Deposits and Documentation

(a) On written request by a district, the Teacher Retirement System of Texas (TRS) may grant a one-time waiver for three months, of the deadline imposed by Gov't Code §825.408(a), to remit all member and employer deposits and documentation of deposits before the seventh day after the last day of a month. In support of the request, a district is required to submit the reasons for a waiver and an explanation of corrective measures being taken by the district toward compliance with Section 825.408(a).

(b) TRS shall not consider additional requests for a waiver of the deadline except in the case of a catastrophic event affecting the district's financial or technological resources.

(c) This section does not apply to health insurance.


Source Note: The provisions of this §51.5 adopted to be effective March 12, 2003, 28 TexReg 2120

Next Page Previous Page



Home TxReg TAC OM NewTac Public Footer Bar