GOVERNMENT CODE
TITLE 8. PUBLIC RETIREMENT SYSTEMS
SUBTITLE H. TEXAS EMERGENCY SERVICES RETIREMENT SYSTEM
CHAPTER 863. CREDITABLE SERVICE
Sec. 863.001. CREDIT FOR CURRENT SERVICE. A member is entitled
to receive credit in the pension system for each month of
qualified service for which the system receives the contributions
required by this subtitle.
Added by Acts 2005, 79th Leg., Ch.
803, Sec. 1, eff. September 1, 2005.
Sec. 863.002. CREDIT FOR MILITARY SERVICE. The pension system
shall grant credit for qualified service for military duty in
accordance with Section 414(u) of the Internal Revenue Code of
1986 (26 U.S.C. Section 414(u)) and other applicable federal law.
Added by Acts 2005, 79th Leg., Ch.
803, Sec. 1, eff. September 1, 2005.
Sec. 863.003. TRANSFER OF SERVICE CREDIT. A member who
terminates service, except by retirement, and later resumes
service with the same participating department or begins service
with another participating department may transfer all previously
accrued service credit to the new department.
Added by Acts 2005, 79th Leg., Ch.
803, Sec. 1, eff. September 1, 2005.
Sec. 863.004. PRIOR SERVICE OF MEMBER BEFORE DEPARTMENTAL
PARTICIPATION. The state board by rule may authorize the
granting of credit for service with a participating department
that was performed before the date the department began
participation in the pension system. The costs of granting prior
service credit under this section must be determined on a basis
that maintains the pension system as actuarially sound.
Added by Acts 2005, 79th Leg., Ch.
803, Sec. 1, eff. September 1, 2005.
Sec. 863.005. CHARGE FOR CERTAIN PAST DUE CONTRIBUTIONS. The
state board by rule may impose an interest charge on
contributions due because of a correction of an error by a local
board related to enrollment or qualified service. The charge
must be based on the pension system's current assumed rate of
return. Charges collected shall be deposited in the fund.
Added by Acts 2009, 81st Leg., R.S., Ch.
697, Sec. 5, eff. September 1, 2009.