Section 820.031 - Reestablishing Previously Canceled Service Credit Without Purchase(a) A cash balance group member who has withdrawn contributions and canceled service credit in a class of membership may reestablish the canceled service credit in the retirement system for the purposes described by Subsection (c) by submitting a request to the system in a form and manner prescribed by the system. (b) The retirement system shall grant the canceled service credit of a member who submits a request as provided by Subsection (a) after the system verifies that the member is a cash balance group member. (c) Service credit established under this section may be used only to determine whether the cash balance group member is eligible to retire and receive a cash balance annuity under this chapter. The service credit does not affect eligibility for any other purpose, including for purposes of determining eligibility to participate in the group benefits program established under Chapter 1551, Insurance Code. Tex. Gov't. Code § 820.031
Added by Acts 2023, Texas Acts of the 88th Leg.- Regular Session, ch. 78,Sec. 5, eff. 5/19/2023.