34 Tex. Admin. Code § 125.5

Current through Reg. 49, No. 45; November 8, 2024

Section 125.5 - Limitations on Buy Back Ordinances

Ordinances of participating municipalities agreeing to underwrite and assume the obligations rising out of the granting of creditable service under §853.003 of the Act, to persons who had terminated a previous membership, shall be limited to persons in the employment of the consenting municipality at the date specified in the ordinance, which date shall not be subsequent to the effective date of the ordinance.

The provisions of this §125.5 adopted to be effective January 22, 2001, 26 TexReg 982; Adopted by Texas Register, Volume 46, Number 16, April 16, 2021, TexReg 2588, eff. 4/25/2021