TITLE 34.PUBLIC FINANCE

Part 3. TEACHER RETIREMENT SYSTEM OF TEXAS

Chapter 51. GENERAL ADMINISTRATION

34 TAC §51.11

The Teacher Retirement System of Texas (TRS) adopts new rule §51.11 concerning Historically Underutilized Businesses (HUBs), without changes to the proposed text as published in the November 10, 2000, issue of the Texas Register (25 Tex Reg 11242).

The purpose of the new rule is to incorporate by reference the rules adopted by the General Services Commission in 1 Texas Administrative Code §§111.11-111.28 and thereby comply with Chapter 2161 of the Government Code. Government Code §2161.003 requires state agencies to adopt the General Services Commission rules for HUBs and apply them to certain purchases paid for with appropriated money.

No comments were received regarding the proposal.

The new rule is adopted under Government Code, Chapter 825, §825.102, which authorizes the Board of Trustees of the Teacher Retirement System to adopt rules for the transaction of business of the Board, Government Code Chapter 825, § 825.514 stating that TRS is subject to provisions relating to HUBs, and under Government Code §2161.003 requiring state agencies to adopt General Services Commission HUB rules for application to certain purchases made with appropriated funds.

This agency hereby certifies that the adoption has been reviewed by legal counsel and found to be a valid exercise of the agency's legal authority.

Filed with the Office of the Secretary of State on December 22, 2000.

TRD-200009027

Charles Dunlap

Executive Director

Teacher Retirement System of Texas

Effective date: January 11, 2001

Proposal publication date: November 10, 2000

For further information, please call: (512) 391-5


Part 11. OFFICE OF THE FIRE FIGHTERS' PENSION COMMISSION

Chapter 301. RULES OF THE TEXAS STATEWIDE EMERGENCY SERVICES RETIREMENT FUND

34 TAC §§301.1 - 301.3, 301.5, 301.6, 301.9, 301.12

The Board of Trustees for the Statewide Emergency Services Retirement Fund adopts amendments to §§301.1-301.3, 301.5, 301.6, 301.9, 301.12, relating to duties and obligations to local board's of trustees, members, and beneficiaries of local emergency services agencies that participate in the Statewide Emergency Services Retirement Fund. Sections 301.1, 301.2, 301.5, 301.6, and 301.12 are adopted without changes to the proposed text as published in the October 13, 2000, issue of the Texas Register (25 TexReg 10302). Sections 301.3 and 301.9 are adopted with changes.

The amended sections are adopted, in part, to clarify existing rules, delete language that merely restates statutory law, and to provide penalties for failure of local boards to file annual reports in a timely fashion. No public comments were received to the proposed rule notice. Changes in the adopted amendments reflect non-substantive variations from the proposed amendments. The Board's representative from the Office of the Attorney General has advised that the changes affect no new persons, entities, or subjects other than those given notice and that compliance with the adopted sections will be clearer and less burdensome than under the proposed sections. Accordingly, republication of the adopted sections as proposed amendments is not required.

Amended §301.1 adds and amends the following definitions: (2) "Commissioner", (3) "Department" (4) "Dependent", and (5) "Disability", (6)(D) will lay out the number of drill hours mandated, (7) clarifies that House Bill 358 is also known as TLFFRA, (8) states that the pension system does not recognize leaves of absence, (9) lays out the protocol for dealing with members who are called to active duty in the military, (10) defines "monetary enumeration", (12) defines "on duty death" and "on duty disability", (13) clarifies that Senate Bill 411 is also known as TSESRA, (14) lays out different methods for handling service time under prior pension systems, (15) defines "temporary disability", (16) and (17) states that TLFFRA is also known as House Bill 258 and that TSESRA is also known as Senate Bill 411. The definitions as proposed provide a more accurate definition of terms and provide cross-references that will clarify for the reader that several terms are interchangeable, such as "Senate Bill 411" and "TSESRA."

Amendment to §301.2 defines the scope and the composition of "Emergency Services Districts". Subsection (g)(6)-(7) clarifies dual benefits and the required designation between retirement benefits and disability benefits. Subsection (g)(8) allows members unable to obtain a certificate of physical fitness to remain within the system. The old rule made unnecessary references to "the law" and required clarification to distinguish between a legislative bill and the system created by that bill, used unwieldy gender-specific terms, contained a misspelling, and did not expressly state the logical and implied outcome of the failure of local departments to submit dues to the Commissioner. The amendment deletes unnecessary words and provides necessary clarification by using gender-neutral terms, correcting misspellings, expressly stating outcomes that otherwise are merely implied, and by repeating certain words throughout the rule. In addition, the subsection (g)(8) has been moved from <*301.1>, regarding Definitions, because the rule is really not a definition, but rather is a rule that provides compliance criteria that belong in a separate rule containing substantive requirements.

Amended §301.3 This rule rephrases the language of the rule that makes the lump-sum on duty death benefit $60,000. The change is to provide clarification and to delete unnecessary reference to the statute. The rule is adopted with changes to subsection (e)(10) of the proposed rule to correct a misspelling of the words "advice" and " legal counsel," and a change to subsection (e)(13) to add a heading.

Amended §301.5(a) sets out how the governing body may be billed. Subsection (b) sets out penalties for filing reports late. Some local boards of trustees do not submit reports in a timely fashion. The local reports are required by statute. The Commissioner relies on receiving the local reports timely to prepare its own reports that are required by statute and by the Pension Review Board to be submitted by a certain date every year. The penalties will serve as a reasonable deterrent to the local boards from submitting late reports and from refusing to submit the reports to the Commissioner at all. The penalty increases for each subsequent violation. The penalty also increases with each passing month that a late report is not submitted.

Amended §301.6 The rule rephrases the current rules regarding the composition and terms of the local boards of trustees and adds a requirement that the local boards of trustees conduct their meetings as open meetings under the Texas Open Meetings Act. The rewording of subsections (a) to (c) of the rule specifies the law to which the rule refers, making it easier for the reader to determine the statutes that apply. Opinions of the Attorney General have determined that local boards of trustees are subject to the Open Meetings Act as local governing bodies. The State Board of Trustees has placed the open meetings requirement in a rule to provide guidance to the local boards of trustees, many of which may not be aware of the Attorney General opinions and the case law that have determined they are subject to the Open Meetings Act.

Amended §301.9 states the benefits spouses may receive. Subsection (b) deals with the payment of benefits after the merger of pension systems. Subsection (c) deals with administrative costs. Subsection (d) explains how a local board may continue paying benefits to the spouse of a deceased fire fighter. Subsection (e) explains the duties of a local board. Subsection (g) clarifies the effect of pension benefits on social security benefits. It was not clear who "we," and "the agency's" referred to. The amendment to the rule clarifies those terms. The Board wants to make sure local departments understand that they are mandated, and not merely recommended, to maintain on file retirement and disability forms for their members. The forms are necessary to determine eligibility and the benefits due to a member or the member's beneficiaries. The rule is adopted with changes to subsection (f) to delete a redundant sentence.

Amended §301.12(a)-(d) defines "disability" and clarifies how disability benefits are paid. The amendments to this rule include the dollar amounts written in words and not just in numbers for clarification and to avoid confusion. Language is added to clarify that the months referred to in subsection (d) are those months during which a person is disabled.

No comments were received regarding adoption of the amendments.

The amended sections are adopted under the Texas Revised Civil Statutes, Article 6243e.3, §19i and §21b, which provide the TSESRA Fund Board of Trustees with the authority to adopt rules necessary for the administration of the pension fund.

§301.3.Determination of Costs.

(a)

Prior Service.

(1)

Prior service includes service performed by every active member of the department who is at least 18 years old. The department does not have to include prior service with other departments or time that the TLFFRA law would deem forfeited. This is a local decision.

(2)

A public agency may have up to three years to pay prior service costs without incurring interest charges.

(3)

In preparing a cost study, the assumed retirement age and interest rate paid for 10 or 20 year payouts will be set by the board based on the recommendations of the actuary.

(4)

Prior service costs may be paid off early without penalty.

(5)

Departments do not have to purchase prior service for those members who reenter the department, but were not active at the time the department entered the pension system. If the department decides to purchase prior service on members who were not active at the time the department entered the system, the department must pay the additional service in a lump sum payment. Interest is charged back to the date of the department's entrance into the system if it has been more than three years since the department's entrance in the system. The rate is set by the state board based on recommendations of the actuary.

(6)

In preparing cost studies, anyone entering the department before age 18 will have their entry date adjusted to their 18th birthday on the study.

(7)

Governing entities are not charged for any non-qualifying years of service by their participants.

(8)

Cost studies for departments interested in entering Senate Bill 411 must be revised every 6 months.

(b)

Increase/Decrease of Dues Paid.

(1)

Since a governing entity has the right to increase the dues it pays on its members, it also has the right to lower dues paid as long as it is not below the minimum set by law. In either case, retirements are figured on the average paid. Changes must be for at least $1.00, (one dollar) and they must be effective the first day of any month.

(2)

Departments which need to purchase dues for a member and those dues (contributions) cover a period of three or more years will have interest based on actuarial assumptions added to the amount owed. The payment must be made in a lump-sum amount. If the amount owed is offset by a credit to the department from the termination of active members, the interest may be waived by the commissioner.

(c)

Transfer of Funds. Upon a public agency's merging into this retirement fund, it must transfer its local pension fund to the Senate Bill 411 system. These funds will be applied to the public agency's prior service costs and/or the cost of TLFFRA (House Bill 258) retirees and surviving spouses, if any. After the payment of these costs, any balance remaining will be applied, until spent, to the monthly contributions for the members of the former local pension fund of that public agency. The amount applied to the public agency's account consists of cash, investments, and any interest earned as of the date of merger. Monies earned on the transfer after the date of merger, are credited to the Senate Bill 411 fund as a whole.

(d)

Vesting.

(1)

A member who is not vested in this pension fund, but who has a total of 20 or more creditable years of service, may retire under the TLFFRA fund amount used in the cost study for that department if accrued time was purchased. If the member was on the cost study, the member will be carried as a Senate Bill 411 fund retiree with only TLFFRA service (accrued time); and the public agency will not be charged as it is for TLFFRA fund retirees.

(2)

Members terminating on or after January 1, 1998, must have served a total of 59 months 28 days (60 months-five years) to vest. After vesting, each month served from 60 through 120 (five years-ten years) increases a member's pension .4167% a month and for months 120 to 180 (10 years to 15 years) it increases a member's pension .8333% a month. Because a monthly increase of .4167% results in an increase of the pension by more than 5% over 12 months, and a monthly increase of .8333% results in an increase of the pension by less than 10% vesting over 12 months, the computer will adjust and correct the percentage at the end of every 12 months of qualified service to reflect the 5% and 10% increase respectively. Credit is given for portions of months of qualified service.

(3)

Retirement benefits vest as outlined in §6, Vesting of Benefits, of TSESRA. A member must have 15 years of creditable service (180 months) in Senate Bill 411 before the Senate Bill 411 portion of the monthly retirement is affected by the 7.0% compounding factor.

(4)

A member who was considered to be Active-Retired prior to September 1, 1989, may continue in that status. If an active retiree terminates as an active member, the retiree cannot return to the Active-Retired status at a later date.

(5)

The Fire Fighters' Pension Commission cannot pay benefits at a greater rate than specified in TSESRA §3, Retirement Benefits, paragraph (b).

(6)

In departments where the contribution rate has changed, if a member terminates service before the end of a month the average is figured on the fraction of the month served.

(7)

Retirement forms can be backdated to the member's 55 birthday or termination date, whichever occurs later. The first check will be prorated back to the effective date of retirement, disability, etc.

(8)

All payees whose pensions are not effective the first day of the month will have their first checks prorated.

(9)

In the event of a pensioner's death (and there are no beneficiaries), if this office is not notified and retirement checks continue to be mailed, and the over-payment is not returned to the Commissioner within 30 days after the Commissioner requests repayment, then the commissioner shall charge the over-payment to the governing entity.

(10)

The commission does not and shall not comply with requests to withhold IRS taxes from pension checks. A letter and postcard are mailed with the first pension check to every payee giving them this information. The payee must sign and return the postcard to the commission office. This card states that the payee requests that no tax be withheld. Failure to return the postcard shall not obligate the Commissioner to withhold IRS taxes.

(11)

Pension checks for the month are due at the end of the month. Checks are mailed from the commission office between the 24th and 28th of every month except December when they are mailed to arrive at the payee's residence or bank before Christmas.

(12)

All first checks to payees are accompanied by notification that cashing or depositing the first check indicates that the payee is retired and agrees with the pension amount.

(e)

Death.

(1)

Beneficiaries. It is the responsibility of the member and the local board to update the member's record with the commission. This record should name any beneficiaries for lump-sum death benefits. Lump sum death benefits are paid to the beneficiary(ies) listed on the most recent, original, notarized personnel form (502) or beneficiary change form (503).

(2)

Monthly Pension if Decedent Was on Active Status (On-Duty Death). The member is automatically vested with at least 15 years in the fund for on-duty deaths.

(3)

Monthly Pension if Decedent Was on Active Status (Off-Duty Death). Dependents are not eligible for a monthly pension for off-duty deaths. Spouses will receive a monthly pension if the member was vested in the system and at least 55 years of age. The monthly pension will be based on two-thirds of the retirement due the member based on six times the average dues paid for qualified service.

(4)

Benefits if Decedent Was on Inactive Status. Spouses of terminated-vested members, who die before age 55, are eligible to receive, on the effective date of the member's 55th birthday, a monthly pension that is two-thirds of the monthly pension which would have been due the member.

(5)

Monthly Pension if Decedent Was on Disability Status. TSESRA §5(d), Death Benefits, states that if a member dies after retirement, the surviving spouse shall receive two-thirds of the monthly pension the decedent was receiving at the time of death. This includes spouses of deceased members who were on disability at the time of their death.

(6)

Lump sum death benefits are based on months served in the SB 411 system (including buyback and future service months) and the dues amount paid. They are not based on the dollar amount paid for prior service. They are payable as noted in paragraph (1) of this subsection.

(7)

Lump-Sum Payment for Off-Duty Death After Service of less than 15 Years. The off-duty lump-sum death payment will consist of all contributions to the fund made on the decedent's behalf. If the deceased member has fewer than 15 creditable years in the Senate Bill 411 fund, enough months are added at the final rate to make 180 months of service. The minimum off-duty lump sum death benefit is $2160.00.

(8)

Lump-Sum Payment for Off-Duty Death After 15 Years of service or more. For members having served more than 15 creditable years in the retirement fund, the beneficiaries will receive an off-duty lump-sum payment consisting of the total contribution amount paid during the member's service in this program (buy back rate and future service). Portions of creditable months are prorated and counted.

(9)

Lump-Sum Death Benefits for On-Duty Deaths. TSESRA Section 5(b) states that the beneficiary is guaranteed a lump-sum benefit of at least $5,000 for an on-duty death. If the sum contributed by the public agency to the fund on the decedent's behalf is more than $5,000, then the beneficiary receives this greater amount. For an on duty death occurring on or after September 1, 1999, the lump sum death benefit is $60,000.00.

(10)

Determination of Beneficiaries.

(A)

If a member on active status in the pension system dies before the 502 (Personnel Form) is filled out and notarized, the member's public agency's governing body should submit to the Fire Fighters' Pension Commission office, a notarized letter signed by its chief or department head, and local board and a death certificate. The letter should state the decedent's entrance date and that the member was on active status at the time of death. The letter should also list the member's nearest relatives (spouse, children, parents, siblings, etc.) and if the member had a will. After receiving the above information, the Commissioner shall determine the beneficiaries after receiving the advice of legal counsel.

(B)

After determination, the local pension board shall send the Commission the Senate Bill 411 Survivor's Form. The letter shall be considered as proof of the member's participation in the pension system. The commission shall bill the public agency for any contributions owed on the member's time at the next billing.

(C)

If the decedent has a Personnel Form 502 on file in the pension office, the beneficiaries are paid as listed on that form or the most recent Beneficiary Change Form 503 on file.

(11)

Listing of Beneficiaries on Forms.

(A)

Under Senate Bill 411, a member can list anyone (including his/her estate) as a beneficiary for his/her lump-sum death benefit.

(B)

A person may list as many people as he/she wants as beneficiaries of this lump-sum benefit, but the benefit will be divided equally between them unless the member designates a proportional division.

(C)

The spouse and/or dependents will receive any monthly pension due them even if they are not listed as beneficiaries of the lump-sum death benefit.

(12)

Guardianship and Determination of Dependents.

(A)

See §301.1 of this title (relating to Definitions) for determination of dependency.

(B)

The following forms must be submitted:

(i)

Obligations of Guardians.

(ii)

Certified copies of Letter of Guardianship of the estates of all children. If no guardian is to be named, an Application for Payments Due Minor Child (form 411-G).

(iii)

A copy of the Birth Certificate; or if an adopted child, a copy of the Adoption Decree.

(C)

Warrants to dependents who are minor children are written: To the order of __________ (guardian's name) Trustee, for the use and benefit of __________. (child's name)

(D)

If the dependent was placed in the system prior to September 1, 1991, the guardian of all dependents, age 19 and older, must provide us with certified documentation of dependency yearly. This may be in the form of a copy of the 1040 or a certified statement from the IRS. The certified statement can be obtained from the IRS by the guardian and is more acceptable than a copy of the income tax return. The agency will notify the guardian when a minor dependent becomes 19 as to the proper procedure to continue pension payments. The guardian must notify us as soon as the dependent is no longer eligible to receive benefits.

(E)

If the dependent was placed in the system after September 1, 1991, benefits cease at age 18 unless the agency receives a certification of school attendance, in which case benefits stop at age 19.

(F)

Certification of dependency forms are mailed to all guardians yearly in April.

(13)

Pensioner with no beneficiaries. A pensioner with no beneficiaries, who dies prior to the 14th day of any month, is not eligible to receive a retirement check for that month.

§301.9.General.

(a)

TLFFRA (formerly House Bill 258) states that spouses of retirees will receive two-thirds of the retiree's monthly benefit. Senate Bill 411 fund pays spouses $200.04/year (two hundred dollars and four cents) $16.67 a month (sixteen dollars and sixty-seven cents).

(b)

Senate Bill 411 states that any benefits being paid by the current pension system (TLFFRA) at the date of merger will be paid by the Senate Bill 411 pension system following the merger. A governing entity may decide to pay its TLFFRA retirees and spouses an amount over the minimum set by TLFFRA. The Commissioner will bill the governing body this exact cost.

(c)

Governing entities are not billed for administrative costs associated with the Fire Fighters Pension Commissioner payment of TLFFRA pensions.

(d)

Individual departments, with the approval of governing entities, may agree to continue paying pensions to spouses of deceased TLFFRA system retirees if the spouse remarries, and pay pensions to spouses regardless of when the spouse married the TLFFRA system retiree. This is a local decision.

(e)

Death Certificates are required for TLFFRA system payees as well as Senate Bill 411 system payees before benefits can be paid to spouses.

(f)

The department and/or governing entity shall keep copies of all forms (502, 503, retirement, disability, survivors) on file. The department or government body shall file the originals of the forms with The Commissioner.

(g)

Social Security Benefits. Regarding volunteer fire fighters who serve without monetary remuneration. Because the pension payment is not based on remuneration for services rendered, the pension payment is NOT subject to the Windfall Elimination Provision and as a result the pension will have NO effect on the person's social security benefit.

This agency hereby certifies that the adoption has been reviewed by legal counsel and found to be a valid exercise of the agency's legal authority.

Filed with the Office of the Secretary of State on December 22, 2000.

TRD-200009014

Morris E. Sandefer

Commissioner

Fire Fighter's Pension Commission

Effective date: January 11, 2001

Proposal publication date: October 13, 2000

For further information, please call: (512) 936-3372