Current through Reg. 49, No. 45; November 8, 2024
Section 29.11 - Actuarial Tables(a) Actuarial tables furnished by the TRS actuary of record will be used for computation of benefits. Factors for ages or types of annuities not included in the tables will be computed from the same data by the same general formulas.(b) The Teacher Retirement System adopts the actuary's early age reduction factors. The factor tables are as follows: Attached Graphic
(c) The Teacher Retirement System adopts the actuary's factors for service retirement options. The factor tables are as follows: Attached Graphic
(d) The Teacher Retirement System adopts the actuary's factors for disabled member retirement options. The factor tables are as follows: Attached Graphic
(e) The Teacher Retirement System adopts the actuary's reserve transfer factors. The reserve transfer factor tables are as follows: Attached Graphic
(f) The board of trustees may change the tables or adopt new tables from time to time by amending this section; provided, however, that any such change does not result in any retiree or member eligible for service retirement with an unreduced annuity as of the date of the change receiving a smaller benefit than the benefit computed immediately before the change.34 Tex. Admin. Code § 29.11
The provisions of this §29.11 adopted to be effective January 1, 1976; amended to be effective December 30, 1976, 1 TexReg 3659; amended to be effective September 1, 1979, 4 TexReg 2198; amended to be effective January 2, 1981, 5 TexReg 4992; amended to be effective September 1, 1982, 7 TexReg 2487; amended to be effective September 1, 1984, 9 TexReg 3471; amended to be effective October 20, 1986, 11 TexReg 4216; amended to be effective September 1, 1989, 14 TexReg 4133; amended to be effective September 1, 1991, 16 TexReg 3943; amended to be effective September 1, 1992, 17 TexReg 2242; amended to be effective June 1, 1995, 20 TexReg 3734; amended to be effective October 13, 1995, 20TexReg 7994; amended to be effective September 17, 1997, 22 TexReg 9257; amended to be effective March 12, 2003, 28 TexReg 2103; amended to be effective December 29, 2005, 30 TexReg 8698; amended to be effective April 1, 2011, 36 TexReg 1993; amended to be effective July 17, 2014, 39 TexReg 5433; Amended by Texas Register, Volume 44, Number 32, August 9, 2019, TexReg 4188, eff. 9/1/2019; Amended by Texas Register, Volume 48, Number 33, August 18, 2023, TexReg 4520, eff. 9/1/2023