TITLE 34.PUBLIC FINANCE

Part 3. TEACHER RETIREMENT SYSTEM OF TEXAS

Chapter 25. MEMBERSHIP CREDIT

Subchapter B. COMPENSATION

34 TAC §25.30

The Teacher Retirement System of Texas (TRS) adopts on an emergency basis new §25.30, concerning the conversion of amounts of noncreditable compensation to creditable compensation used as the basis for calculating a member's retirement benefits. The new section implements the requirement that TRS adopt rules excluding compensation in the member's final years of employment that represents amounts converted from noncreditable compensation to creditable compensation. The new section is adopted on an emergency basis pursuant to §2001.034 of the Government Code, which allows TRS to adopt an emergency rule if a requirement of state or federal law requires adoption of the rule on less than 30 days notice. The section is also adopted in accordance with §2001.006 of the Government Code, which allows TRS to adopt rules and take other administrative action in preparation for the implementation of legislation that has become law but has not taken effect. The new section is simultaneously being proposed for permanent adoption in this issue of the Texas Register .

The new section applies to the three years before retirement and establishes a base year of the fourth year or the fifth year if there is no compensation in the fourth year. The characterization of the compensation in the base year is used to determine whether conversion occurred. The new section describes converted compensation. Payment for unused accrued leave or for accrued compensatory time for overtime worked is expressly excluded from creditable compensation. The new section relies on the certification of the reporting entity to notify TRS if conversion has occurred in the final years. It also clarifies that a member may provide supporting documentation if compensation is excluded but the member believes it should be creditable, but states that TRS makes the final decision regarding whether compensation is creditable. This approach ensures a more consistent application of the rule and encourages members who experience an increase in compensation due to the conversion of noncreditable compensation to remain employed longer to receive any correlating compensation increase in their retirement benefit calculation.

This emergency adoption is necessary because TRS and affected employers and members are required to comply with the relevant provisions of Senate Bill 1691, 79th Legislature, Regular Session, effective September 1, 2005. The new section is adopted on an emergency basis to enable TRS to establish new processes, forms, publications, and programming that are necessary and appropriate to implement the Act by its effective date of September 1, 2005. Further, the new section is adopted on an emergency basis to provide employers and members affected by it necessary, appropriate, and timely guidance in the form of a detailed rule to use in making informed budget, programming, and other decisions before the start of the next school year, which is imminent. TRS finds that these requirements of state law require the adoption of the new section on fewer than 30 days notice pursuant to §2001.034, Government Code. TRS has also determined that this section is necessary and appropriate in accordance with §2001.006, Government Code, which allows TRS to adopt rules and take other administrative action in preparation for the implementation of legislation that has become law but has not taken effect. The new section shall not be applied until the date the new law becomes effective, September 1, 2005.

The new section is adopted on an emergency basis under and implements §22 of Senate Bill 1691, 79th Legislature, Regular Session, which amends §825.110, Government Code, and requires the Board to adopt rules to exclude from annual compensation all or part of salary and wages in the final years of a member's employment that reasonably can be presumed to have been derived from a conversion of fringe benefits, maintenance, or other payments not includable in annual compensation to salary and wages. The new section is also adopted under §825.102, Government Code, which authorizes the Board to adopt rules for the administration of the funds of the retirement system.

No other codes are directly affected by the new section.

§25.30.Conversion of Noncreditable Compensation to Salary.

(a) TRS excludes from creditable compensation any amount of otherwise eligible compensation that represents amounts converted into salary and wages from noncreditable compensation in the last three years prior to retirement.

(b) For purposes of this section, conversion occurs when an employer agrees to pay a member with creditable compensation for services performed in the future that in the past were paid with noncreditable compensation. Compensation in the form of accrued paid leave or accrued compensatory time for overtime worked cannot be converted to eligible compensation and are expressly excluded from creditable compensation at any time.

(c) The employer certifies whether compensation was converted in the last three years prior to retirement and the amount of the converted salary. In certifying whether conversion occurred in the last three years prior to retirement, the fourth year prior to retirement is the base year. If there is no credited amount of compensation in the fourth year, the fifth year prior to retirement is the base year. The characterization of the compensation in the base year as creditable or noncreditable is used in determining whether conversion occurred and the converted amounts are excluded as provided in subsection (a) of this section.

(d) If compensation is excluded under subsection (a) of this section, the member may provide additional information in the form of written documentation to demonstrate that the compensation should not be excluded. TRS makes the final determination regarding the characterization of compensation as creditable or noncreditable.

This agency hereby certifies that the emergency adoption has been reviewed by legal counsel and found to be within the agency's legal authority to adopt.

Filed with the Office of the Secretary of State on July 25, 2005.

TRD-200503047

Ronnie Jung

Executive Director

Teacher Retirement System of Texas

Effective Date: September 1, 2005

Expiration Date: December 29, 2005

For further information, please call: (512) 542-6438


34 TAC §25.35

The Teacher Retirement System of Texas (TRS) adopts on an emergency basis new §25.35, concerning the administration of employer payments to the pension trust fund for new members. The proposed new section implements the requirement that employers shall pay the equivalent of the state contribution to the pension trust fund for new members in their first 90 days of employment. The new section is adopted on an emergency basis pursuant to §2001.034 of the Government Code, which allows TRS to adopt an emergency rule if a requirement of state or federal law requires adoption of the rule on less than 30 days notice. The new section is also adopted in accordance with §2001.006 of the Government Code, which allows TRS to adopt rules and take other administrative action in preparation for the implementation of legislation that has become law but has not taken effect. The new section is simultaneously being proposed for permanent adoption in this issue of the Texas Register .

In accordance with Senate Bill 1691, 79th Legislature, Regular Session, the new section implements the new employer payment requirement. It provides guidance to employers regarding the start and end of the 90-day payment period as well as guidance on how to coordinate the end of a person's membership waiting period with the new payment requirement.

This emergency adoption is necessary because TRS and affected employers are required to comply with the relevant provisions of Senate Bill 1691, 79th Legislature, Regular Session, effective September 1, 2005, including consideration of budgetary matters, preparation of communications for affected employers and new members, modification of procedures, and programming of payroll systems to implement the payment requirement. TRS finds that these requirements of state law require the adoption of the new section on fewer than 30 days notice pursuant to §2001.034, Government Code. TRS has also determined that this section is necessary and appropriate in accordance with §2001.006, Government Code, which allows TRS to adopt rules and take other administrative action in preparation for the implementation of legislation that has become law but has not taken effect. The new section shall not be applied until the date the new law becomes effective, September 1, 2005.

The new section is adopted on an emergency basis under §825.102, Government Code, which authorizes the Board of Trustees of TRS to adopt rules for the administration of the funds of the retirement system. As described above, the sections are also adopted on an emergency basis under §2001.006 and §2001.034, Government Code. The new section implements §29 of Senate Bill 1691, 79th Legislature, Regular Session, which establishes new §825.4041, Government Code.

Other code provisions affected by the new section are §§821.001(7), 825.408, and 830.102, Government Code.

§25.35.Employer Payments for New Members.

(a) Effective September 1, 2005, the employer of a new member as defined by §825.4041, Government Code, shall pay the retirement system the required amount during the first 90 days of employment of the new member. When used in this section, "employer" has the meaning given it in §821.001(7), Government Code.

(b) A person hired before September 1, 2005, whose 90-day waiting period for membership in the retirement system did not end before September 1, 2005, is eligible to participate in the retirement system as a new member starting September 1, 2005.

(c) In determining the period of employment subject to employer payments, the following provisions apply:

(1) An employer shall count the date of employment of a new member as the first day of the 90-day payment period.

(2) An employer shall count calendar days of an employment period on or after September 1, 2005, towards the payment period, regardless of whether the days are in different school years.

(3) An employer shall count calendar days on or after September 1, 2005, during which an individual previously served as an employee with another TRS reporting entity towards the payment period.

(4) An employer shall not count any calendar days between periods of employment towards the payment period.

(5) Service provided by an employee on one calendar day to more than one employer that is a TRS reporting entity shall count as only one calendar day in the payment period. Each employer shall include such an employee's compensation in the aggregate compensation on which employer payment is required.

(6) A person who was hired before September 1, 2005, and who did not complete the 90-day waiting period before that date becomes eligible to participate in the retirement system starting September 1, 2005. The employer shall treat the member as a new member for the purpose of employer payments during the remainder of the 90-day period.

(d) For the purpose of administering this section, the date of employment means the date on which an employee begins to perform service for an employer that is a TRS reporting entity and the service is of a type that would otherwise qualify the employee for membership in the TRS pension plan, as provided under Subchapter A of this chapter (relating to Service Eligible for Membership). If the date of employment is a holiday or another type of day on which the employer does not normally require actual service to be performed by an employee, the employer may nevertheless count the day as the date of employment if the employer considers the individual to be an employee on that day.

(e) During September 2005, an employer shall submit employer payments to TRS on compensation paid to an employee for the first full pay period starting on or after September 1, 2005. In subsequent months, an employer shall submit employer payments and member and other required contributions to TRS on compensation paid to an employee for the entire pay period that contains the first date of the employee's eligibility for membership. An employer also shall submit such payments to TRS on compensation paid to an employee for the entire pay period that contains the 90th day of employment. For the purpose of this section, a pay period is the normal, established period of employment for which the employer regularly pays compensation to the employee, regardless of the date on which the employer actually pays the compensation.

(f) An employer required by law to pay the state contribution from certain funds for its employees who are TRS members is not required to make additional payment to TRS under this section during the first 90 days of employment of a new member. A person employed by such an employer before September 1, 2005, shall be eligible for TRS membership in the manner described in subsection (b) of this section.

(g) An employer shall submit reports in a form required by TRS. Upon request by TRS, an employer or an employee shall provide copies of, or otherwise make available, any records that TRS determines are necessary to administer this section.

(h) An employer shall notify TRS immediately if it has failed to report an employee who was eligible for TRS membership and shall begin to report the employee as a member no later than the month immediately following the month in which the employer discovered the error. The employer shall correct any previous reports filed with TRS and make payments as required by this title.

(i) Because participation in the Optional Retirement Program ("ORP") under Chapter 830, Government Code, is in lieu of participation in TRS, a person employed on or after September 1, 2005, or whose 90-day waiting period expires on or after September 1, 2005, and who is otherwise eligible to elect to participate in ORP may elect to participate in ORP effective September 1, 2005. An election to participate in ORP must be made before the 91st day after becoming eligible to make the election, as required by §830.102, Government Code, but may not be made before the date on which an employee is eligible for TRS membership.

This agency hereby certifies that the emergency adoption has been reviewed by legal counsel and found to be within the agency's legal authority to adopt.

Filed with the Office of the Secretary of State on July 25, 2005.

TRD-200503044

Ronnie Jung

Executive Director

Teacher Retirement System of Texas

Effective Date: September 1, 2005

Expiration Date: December 29, 2005

For further information, please call: (512) 542-6438


Chapter 29. BENEFITS

Subchapter A. RETIREMENT

34 TAC §29.4, §29.12

The Teacher Retirement System of Texas (TRS) adopts on an emergency basis amendments to §29.4, concerning changes to the computation of compensation for the purpose of calculating a standard annuity at retirement and new §29.12, concerning repeal of the subsidized early age retirement benefit. The rule amendments and new section are adopted on an emergency basis pursuant to §2001.034 of the Government Code, which allows TRS to adopt emergency rules if a requirement of state or federal law requires adoption of the rules on less than 30 days notice. The amendments and new section are also adopted in accordance with §2001.006 of the Government Code, which allows TRS to adopt rules and take other administrative action in preparation for the implementation of legislation that has become law but has not taken effect. The rule amendments and new section are simultaneously being proposed for permanent adoption in this issue of the Texas Register .

The amendments to §29.4 will allow TRS to implement Senate Bill 1691, 79th Legislature, Regular Session, which changes the basis for computing compensation from a three-year to a five-year salary average for the purpose of calculating a standard annuity at retirement. The statutory amendment is effective September 1, 2005. Senate Bill 1691, however, also contains a grandfathering provision to preserve the current computation of compensation based on a three-year salary average for members who meet one or more of the grandfathering requirements on or before August 31, 2005. Adopted on an emergency basis and proposed for permanent adoption elsewhere in this issue of the Texas Register , new 34 TAC §51.12, concerning the applicability of certain laws in effect before September 1, 2005, sets out the details for applying the grandfathering requirements to amended §29.4. The emergency amendments to §29.4 set out the new five-year salary average for those who are not grandfathered and, to administer the grandfathering provision, preserve the current three-year salary average as part of the amended rule for reference by TRS staff and the membership when the repealed statute no longer will appear in official statutory texts.

New §29.12 will allow TRS to implement the section of Senate Bill 1691 that affects what is commonly referred to as the "subsidized early age retirement benefit," which has been available to members who are at least age 55 and have at least 20 years of service credit but do not meet the requirements for normal age retirement, such as rule of 80. Under Senate Bill 1691, the subsidized early age retirement benefit is repealed effective September 1, 2005. Senate Bill 1691, however, also contains a grandfathering provision to preserve current law on the subsidized early age retirement benefit for members who meet one or more of the grandfathering requirements on or before August 31, 2005. New 34 TAC §51.12, concerning the applicability of certain laws in effect before September 1, 2005, which is adopted on an emergency basis and proposed for permanent adoption elsewhere in this issue of the Texas Register , likewise sets out the details for applying the grandfathering requirements to new §29.12. To administer the grandfathering provision, new §29.12 preserves the subsidized early age retirement benefit requirements as part of the new section for reference by TRS staff and the membership when the repealed statute no longer will appear in official statutory texts.

These emergency adoptions are necessary because TRS and affected members are required to comply with the relevant provisions of Senate Bill 1691, 79th Legislature, Regular Session, effective September 1, 2005, and because of the need to establish new processes, forms, publications, and programming to implement the statutory changes, as well as to provide necessary information to members making career and retirement plans in the next few months. TRS finds that these requirements of state law require the adoption of the amendments and new section on fewer than 30 days notice pursuant to §2001.034, Government Code. TRS has also determined that the amendments and new section are necessary and appropriate in accordance with §2001.006, Government Code, which allows TRS to adopt rules and take other administrative action in preparation for the implementation of legislation that has become law but has not taken effect. The amendments and new section shall not be applied until the date the new law becomes effective, September 1, 2005.

Amended §29.4 is adopted on an emergency basis under §825.102, Government Code, which authorizes the Board of Trustees of TRS to adopt rules for the administration of the funds of the retirement system. The amended section also is adopted under §2001.006 and §2001.034, Government Code.

Other code sections affected by amended §29.4 include §12 of Senate Bill 1691, 79th Legislature, Regular Session, which amends §824.203, Government Code, and §58 of Senate Bill 1691, which contains the grandfathering requirements related to the legislative amendment of §824.203, Government Code.

New §29.12 is adopted on an emergency basis under §825.102, Government Code, which authorizes the Board of Trustees of TRS to adopt rules for the administration of the funds of the retirement system. The new section also is adopted under §2001.006 and §2001.034, Government Code.

Other code sections affected by new §29.12 include §11 of Senate Bill 1691, 79th Legislature, Regular Session, which amends §824.202, Government Code, and §58 of Senate Bill 1691, which contains the grandfathering requirements related to the legislative amendment of §824.202, Government Code.

§29.4.Actual Compensation.

(a) Actual compensation paid to a member is used in computing the highest five [ best three ]-years' average compensation. The computation of [ Best three-years' ] average compensation for members with credit transferred from the Employees Retirement System of Texas ("ERS") may not include compensation for any month which was credited or should have been credited by the ERS if the member received compensation for service [ during ] the same month covered by Teacher Retirement System of Texas.

(b) A member eligible under §51.12 of this title (relating to Applicability of Certain Laws in Effect Before September 1, 2005) is eligible for computation of average compensation using a three-year salary average instead of a five-year salary average, as provided by §824.203(a), Government Code, prior to its amendment effective September 1, 2005, by Senate Bill 1691, 79th Legislature, Regular Session (2005).

§29.12.Early Age Retirement Benefit Calculated on Law in Effect Before September 1, 2005.

If a member eligible under §51.12 of this title (relating to Applicability of Certain Laws in Effect Before September 1, 2005) is at least 55 years old and has at least 20 years of service credit in the retirement system, the member is eligible to retire and receive a service retirement annuity reduced from the standard service retirement annuity available under §824.202(a)(2), Government Code, to a percentage derived from the following table, as provided by §824.202(c), Government Code, prior to its repeal effective September 1, 2005, by Senate Bill 1691, 79th Legislature, Regular Session (2005):

Figure: 34 TAC §29.12

This agency hereby certifies that the emergency adoption has been reviewed by legal counsel and found to be within the agency's legal authority to adopt.

Filed with the Office of the Secretary of State on July 25, 2005.

TRD-200503050

Ronnie Jung

Executive Director

Teacher Retirement System of Texas

Effective Date: September 1, 2005

Expiration Date: December 29, 2005

For further information, please call: (512) 542-6438


Subchapter F. PARTIAL LUMP-SUM PAYMENT

34 TAC §29.72

The Teacher Retirement System of Texas (TRS) adopts on an emergency basis new §29.72, concerning eligibility to select a partial-lump sum option (PLSO). The rule is adopted on an emergency basis pursuant to §2001.034 of the Government Code, which allows TRS to adopt emergency rules if a requirement of state or federal law requires adoption of the rule on less than 30 days notice. The amendments and new rule are also adopted in accordance with §2001.006 of the Government Code, which allows TRS to adopt rules and take other administrative action in preparation for the implementation of legislation that has become law but has not taken effect. The rule is simultaneously being proposed for permanent adoption in this issue of the Texas Register .

New §29.72 will allow TRS to implement the section of Senate Bill 1691 that changes the eligibility requirement for a PLSO to require that the member meet the rule of 90 (age and service credit equal at least 90). Senate Bill 1691 also reduces the amount of a PLSO for early age retirement, as applicable. The statutory amendment is effective September 1, 2005. Senate Bill 1691, however, also contains a grandfathering provision to preserve the current PLSO eligibility requirements for members who meet one or more of the grandfathering requirements on or before August 31, 2005. New 34 TAC §51.12, concerning the applicability of certain laws in effect before September 1, 2005 and which is adopted on an emergency basis and proposed for permanent adoption elsewhere in this issue of the Texas Register , sets out the details for applying the grandfathering provision to new §29.72. To administer the grandfathering provision, new §29.72 preserves the current PLSO eligibility requirements as part of the rule for reference by TRS staff and the membership when the current text of the statute is replaced by the law as amended under Senate Bill 1691 in official statutory texts.

This emergency adoption is necessary because TRS and affected members are required to comply with the relevant provisions of Senate Bill 1691, 79th Legislature, Regular Session, effective September 1, 2005, and because of the need to establish new processes, forms, publications, and programming to implement the statutory changes, as well as to provide necessary information to members making career and retirement plans in the next few months. TRS finds that these requirements of state law require the adoption of the new section on fewer than 30 days notice pursuant to §2001.034, Government Code. TRS has also determined that the new section is necessary and appropriate in accordance with §2001.006, Government Code, which allows TRS to adopt rules and take other administrative action in preparation for the implementation of legislation that has become law but has not taken effect. The new rule will not be applied until the date the new law becomes effective, September 1, 2005.

The new section is adopted on an emergency basis under §825.102, Government Code, which authorizes the Board of Trustees of TRS to adopt rules for the administration of the funds of the retirement system. The rule is also adopted under §824.2045, Government Code, which authorizes the Board to adopt rules for the implementation of §824.2045, relating to the partial lump-sum option. The new rule is also adopted under §2001.006 and §2001.034, Government Code.

Other codes affected by the new section include §13 of Senate Bill 1691, 79th Legislature, Regular Session, which amends §824.2045, Government Code, and §58 of Senate Bill 1691, which contains the grandfathering requirements related to the legislative amendment of §824.2045, Government Code.

§29.72.Eligibility to Select PLSO.

(a) Except as provided in subsection (b) of this section, effective September 1, 2005, a member is eligible to select a partial lump-sum distribution only if the member’s age and years of service credit total at least 90 at the time of retirement and the member meets the other requirements of §824.2045, Government Code, as amended by Senate Bill 1691, 79th Legislature, Regular Session (2005).

(b) A member eligible under §51.12 of this title (relating to Applicability of Certain Laws in Effect Before September 1, 2005) is eligible to select a partial lump-sum distribution as provided by §824.2045, Government Code, prior to its amendment effective September 1, 2005, by Senate Bill 1691, 79th Legislature, Regular Session (2005). Under §824.2045 prior to amendment, to be eligible to select a partial lump-sum distribution, a member must be eligible for an unreduced service retirement annuity under §824.202(a), Government Code, as it existed prior to amendment effective September 1, 2005, and must not be participating in the deferred retirement option plan under Subchapter E of this chapter.

This agency hereby certifies that the emergency adoption has been reviewed by legal counsel and found to be within the agency's legal authority to adopt.

Filed with the Office of the Secretary of State on July 25, 2005.

TRD-200503052

Ronnie Jung

Executive Director

Teacher Retirement System of Texas

Effective Date: September 1, 2005

Expiration Date: December 29, 2005

For further information, please call: (512) 542-6438


Chapter 31. EMPLOYMENT AFTER RETIREMENT

Subchapter D. EMPLOYER PENSION SURCHARGE

34 TAC §31.41

The Teacher Retirement System of Texas (TRS) adopts on an emergency basis new §31.41, concerning the administration of an employer pension surcharge related to employment after retirement. The proposed new section implements the requirement that employers shall make monthly payments to the pension trust fund for each TRS-retired employee reported to TRS on the return to work report of retirees, unless exempted by law. The new section is adopted on an emergency basis pursuant to §2001.034 of the Government Code, which allows TRS to adopt an emergency rule if a requirement of state or federal law requires adoption of the rule on less than 30 days notice. The section is also adopted in accordance with §2001.006 of the Government Code, which allows TRS to adopt rules and take other administrative action in preparation for the implementation of legislation that has become law but has not taken effect. The new section is simultaneously being proposed for permanent adoption in this issue of the Texas Register .

In accordance with Senate Bill 1691, 79th Legislature, Regular Session, the new section implements the new employer pension surcharge. It provides guidance to employers regarding the reported retirees for whom the surcharge is owed under Senate Bill 1691 and set out procedures related to payments. In accordance with the legislative enactment, the TRS Board of Trustees separately adopted by resolution the pension surcharge amount, which is an amount equal to the sum of the combined member and state contributions (currently 12.4% of salary).

This emergency adoption is necessary because TRS and affected employers are required to comply with the relevant provisions of Senate Bill 1691, 79th Legislature, Regular Session, effective September 1, 2005, including consideration of budgetary matters, preparation of communications for affected employers and reported retirees, modification of procedures, and programming of payroll systems to implement the payment requirement. TRS finds that these requirements of state law require the adoption of the new section on fewer than 30 days notice pursuant to §2001.034, Government Code. TRS has also determined that this section is necessary and appropriate in accordance with §2001.006, Government Code, which allows TRS to adopt rules and take other administrative action in preparation for the implementation of legislation that has become law but has not taken effect. The new section shall not be applied until the date the new law becomes effective, September 1, 2005.

The new section is adopted on an emergency basis under §825.102, Government Code, which authorizes the Board of Trustees of TRS to adopt rules for the administration of the funds of the retirement system. As described above, the sections are also adopted under §2001.006 and §2001.034, Government Code. The new section implements §30 of Senate Bill 1691, 79th Legislature, Regular Session, which establishes new §825.4092, Government Code.

Other code provisions affected by the new rule are §§824.602, 824.6022, and 825.408, Government Code.

§31.41.Return to Work Employer Pension Surcharge.

(a) For each report month a retiree is reported on the Employment of Retired Member Report, the employer that reports the retiree shall pay to the Teacher Retirement System of Texas (TRS) a surcharge based on each retiree's salary. For purposes of this section the employer is the reporting entity that reports the employment of the retiree.

(b) The surcharge amount that must be paid by the employer for each retiree reported is an amount that is derived by applying a percentage to the retiree's salary. The percentage applied to the retiree's salary is an amount set by the Board of Trustees and is based on the member contribution rate and the state pension contribution rate.

(c) The surcharge is due from each employer that reports a retiree as working on or after September 1, 2005, beginning with the report month for September 2005.

(d) The surcharge is not owed by the employer for any retiree reported by that employer for the report month of January 2005.

(e) The surcharge is not owed by the employer for a retiree that is reported by a second employer for the report month of January 2005 if both employers are school districts that consolidate into a consolidated school district on or before September 1, 2005.

(f) The surcharge is not owed by the employer for a retiree that is reported as working under the exception for Substitute Service as provided in §31.13 of this title unless that retiree combines Substitute Service under §31.13 with One-half Time Employment under §31.14 of this title in the same calendar month. For each calendar month that the retiree combines employment under these two sections, the surcharge is owed by the employer that reports the retiree.

This agency hereby certifies that the emergency adoption has been reviewed by legal counsel and found to be within the agency's legal authority to adopt.

Filed with the Office of the Secretary of State on July 25, 2005.

TRD-200503058

Ronnie Jung

Executive Director

Teacher Retirement System of Texas

Effective Date: September 1, 2005

Expiration Date: December 29, 2005

For further information, please call: (512) 542-6438


Chapter 41. HEALTH CARE AND INSURANCE PROGRAMS

Subchapter A. RETIREE HEALTH CARE BENEFITS (TRS-CARE)

34 TAC §41.4

The Teacher Retirement System of Texas (TRS) adopts on an emergency basis new §41.4, concerning the administration of an employer health benefit surcharge related to employment after retirement. The new section implements the requirement that employers shall make monthly payments to the fund for the health benefits program ("TRS-Care") provided pursuant to the Texas Public School Retired Employees Group Benefits Act for each TRS-retired employee who is both (i) reported to TRS on the return to work report of retirees, taking into consideration any exceptions allowed by law, and (ii) enrolled in the TRS-Care health benefits program. The new section is adopted on an emergency basis pursuant to §2001.034 of the Government Code, which allows TRS to adopt an emergency rule if a requirement of state or federal law requires adoption of the rule on less than 30 days notice. The section is also adopted in accordance with §2001.006 of the Government Code, which allows TRS to adopt rules and take other administrative action in preparation for the implementation of legislation that has become law but has not taken effect. The new section is simultaneously being proposed for permanent adoption in this issue of the Texas Register .

In accordance with Senate Bill 1691, 79th Legislature, Regular Session, the new section implements the new employer health benefit surcharge. It provides guidance to employers regarding the reported retirees for whom the surcharge is owed and procedures related to payments. The TRS Board of Trustees separately adopted by resolution a table setting forth the monthly dollar amounts for the surcharge, as shown in the graphic titled "TRS-Care Employer Surcharge Amounts--Return to Work Effective September 1, 2005" and attached to the rule as proposed for permanent adoption elsewhere in this issue of the Texas Register .

This emergency adoption is necessary because TRS and affected employers are required to comply with the relevant provisions of Senate Bill 1691, 79th Legislature, Regular Session, effective September 1, 2005, including consideration of budgetary matters, preparation of communications for affected employers and reported retirees, modification of procedures, and programming of payroll systems to implement the payment requirement. TRS finds that these requirements of state law require the adoption of the new section on fewer than 30 days notice pursuant to §2001.034, Government Code. TRS has also determined that this section is necessary and appropriate in accordance with §2001.006, Government Code, which allows TRS to adopt rules and take other administrative action in preparation for the implementation of legislation that has become law but has not taken effect. The new section shall not be applied until the date the new law becomes effective, September 1, 2005.

The new section is adopted on an emergency basis under §1575.052, Insurance Code, which authorizes the TRS Board of Trustees ("Board") to adopt rules it considers necessary to implement and administer the retirees' group health benefit plan and associated fund. As described above, the sections are also adopted under §2001.006 and §2001.034, Government Code. The new section implements §30 and §42 of Senate Bill 1691, 79th Legislature, Regular Session, which respectively establish new §825.4092, Government Code, and amend §1575.204, Insurance Code.

Other code provisions affected by the new rule are §§821.001(7), 824.602, 824.6022, and 825.408, Government Code, and Chapter 1575, Insurance Code.

§41.4.Employer Health Benefit Surcharge.

(a) When used in this section, the term "employer" has the meaning given in §821.001(7), Government Code.

(b) A retiree who is enrolled in the health benefits program ("TRS-Care") provided pursuant to the Texas Public School Retired Employees Group Benefits Act and is reported on the Employment of Retired Member Report to the Teacher Retirement System of Texas ("TRS") shall submit the Employer Health Benefit Surcharge form, promulgated by TRS, to the employer, providing details of the retiree's TRS-Care coverage, the cost of the coverage for the retiree and all other individuals enrolled under the same account identification number, the premium paid for such coverage, and other employment of a retiree or any other individual enrolled under the same account identification number, as required by the form. It is the employer's and the retiree's responsibilities to update the Employer Health Benefit Surcharge form, as necessary (e.g. , when changes in coverage or the employment status of any retiree or other individual enrolled under the same account identification number occurs).

(c) For each report month a retiree is enrolled in TRS-Care and is reported on the Employment of Retired Member Report, the employer that reports the retire shall, using the information provided by the retiree to the employer on the Employer Health Benefit Surcharge form, pay to the Retired School Employees Group Insurance Fund (the "Fund") a surcharge amount that is derived by taking the difference, if any, between:

(1) the monthly full cost, as set by the trustee, for all individuals (including a spouse and children, if any) enrolled under the same account identification number, and

(2) the monthly total premium, as set by the trustee, for all individuals (including a spouse and children, if any) enrolled under the same account identification number.

(d) The surcharge under subsection (c) of this section is due from each employer that reports a retiree as working on or after September 1, 2005, beginning with the report month for September 2005.

(e) The surcharge under subsection (c) of this section is not owed:

(1) by an employer for any retiree reported by that employer for the report month of January 2005;

(2) by an employer for any retiree reported by a second employer for the report month of January 2005, if both employers are school districts that consolidate into a consolidated school district on or before September 1, 2005; or

(3) by an employer for a retiree reported as working under the exception for Substitute Service as provided in §31.13 of this title (relating to Substitute Service) unless that retiree combines Substitute Service under §31.13 of this title with One-half Time Employment under §31.14 of this title (relating to One-half Time Employment) in the same calendar month. For each calendar month that the retiree combines employment under these two sections of this title, the employer that reports the retiree owes the surcharge.

(f) An employer who reports to TRS the employment of a retiree who is enrolled in TRS-Care shall inform TRS as soon as possible in writing of the name, address, and telephone number of any other employer that employs the retiree or any other retiree who is also enrolled under the same account identification number.

(g) If more than one employer reports the employment of a retiree to TRS during any part of a month, the surcharge under subsection (c) of this section required to be paid into the Fund by each reporting employer for that month is the total amount of the surcharge due that month divided by the number of reporting employers. The pro rata share owed by each employer is not based on the number of hours respectively worked each week by the retiree for each employer, nor is it based on the number of days respectively worked during the month by the retiree for each employer.

This agency hereby certifies that the emergency adoption has been reviewed by legal counsel and found to be within the agency's legal authority to adopt.

Filed with the Office of the Secretary of State on July 25, 2005.

TRD-200503045

Ronnie Jung

Executive Director

Teacher Retirement System of Texas

Effective Date: September 1, 2005

Expiration Date: December 29, 2005

For further information, please call: (512) 542-6438


Chapter 51. GENERAL ADMINISTRATION

34 TAC §51.12

The Teacher Retirement System of Texas (TRS) adopts on an emergency basis new §51.12 concerning the applicability of certain benefits laws in effect before September 1, 2005. The new section implements a grandfathering provision in Senate Bill 1691, 79th Legislature, Regular Session, to preserve current law on three benefit provisions for members who timely meet one or more of the grandfathering requirements. The new section is adopted on an emergency basis pursuant to §2001.034 of the Government Code, which allows TRS to adopt an emergency rule if a requirement of state or federal law requires adoption of the rule on less than 30 days notice. The section is also adopted in accordance with §2001.006 of the Government Code, which allows TRS to adopt rules and take other administrative action in preparation for the implementation of legislation that has become law but has not taken effect. The new section is simultaneously being proposed for permanent adoption in this issue of the Texas Register .

Senate Bill 1691, 79th Legislature, Regular Session, makes changes to the following benefit provisions: amends §824.202, Government Code, to eliminate what is commonly referred to as "subsidized early age retirement"; amends §824.203, Government Code, to change the three-year salary average to a five-year average for determining the standard annuity amount at retirement; and §824.2045, Government Code, to change eligibility requirements for the Partial Lump Sum Option (PLSO) to require a retiree to meet a rule of 90. These statutory changes are effective September 1, 2005. However, Senate Bill 1691 also contains a grandfathering provision to preserve current law on these three benefit provisions for members who timely meet one or more of the grandfathering requirements. In accordance with the legislative enactment, the new rule implements and sets out the grandfathering provision, which requires that, on or before August 31, 2005, the member must attain the age of 50, meet the "rule of 70" (the sum of age plus years of service credit must equal 70 or greater), or have at least 25 years of service credit. The new rule also provides guidance on the effect of termination of membership after meeting one or more grandfathering requirements and on using service credit in another Texas public retirement system for purposes of applying either the rule of 70 or the provision requiring 25 years of service credit.

This emergency adoption is necessary because TRS and affected members are required to comply with the relevant provisions of Senate Bill 1691, 79th Legislature, Regular Session, effective September 1, 2005, and because of the need to establish new processes, forms, publications, and programming to implement the statutory changes, as well as to provide necessary information to members making career and retirement plans in the next few months. TRS finds that these requirements of state law require the adoption of the new section on fewer than 30 days notice pursuant to §2001.034, Government Code. TRS has also determined that this section is necessary and appropriate in accordance with §2001.006, Government Code, which allows TRS to adopt rules and take other administrative action in preparation for the implementation of legislation that has become law but has not taken effect. The new section shall not be applied until the date the new law becomes effective, September 1, 2005.

The new section is adopted on an emergency basis under §825.102, Government Code, which authorizes the Board of Trustees of TRS to adopt rules for the administration of the funds of the retirement system. The new rule is also adopted under §824.2045, Government Code, which authorizes the Board to adopt rules for the implementation of §824.2045, relating to the partial lump-sum option. The new section is also adopted under §§2001.006 and 2001.034, Government Code.

Other codes affected by the new section include §§11, 12, 13, and 58 of Senate Bill 1691, 79th Legislature, Regular Session, which, respectively, amend §§824.202, 824.203, and 824.2045, Government Code.

§51.12.Applicability of Certain Laws in Effect Before September 1, 2005.

(a) A person who retires under the Teacher Retirement System of Texas on or after September 1, 2005, and who meets one or more of the following requirements on or before August 31, 2005, is governed by provisions of state law relating to early retirement with at least twenty years of service credit under §824.202(c), Government Code, three year salary average under §824.203, Government Code, and the partial lump sum option (PLSO) under §824.2045, Government Code, as those provisions existed prior to September 1, 2005:

(1) the person has attained age 50;

(2) the sum of the person’s age and amount of service credit in the retirement system equals 70 or greater; or

(3) the person has at least 25 years of service credit in the retirement system.

(b) A member who meets at least one of the requirements of subsection (a) of this section by August 31, 2005, before termination of membership through withdrawal of member contributions or absence from service shall be considered as continuing to be eligible under subsection (a) of this section upon resumption of membership.

(c) Service that is credited with another Texas public retirement system and that meets all requirements to be used for retirement eligibility under the proportionate retirement program or the ERS/TRS transfer program may be considered to determine eligibility of a TRS member under paragraphs (2) and (3) of subsection (a) of this section.

(d) Purchased or reinstated service credit in the retirement system may be considered to determine eligibility of a TRS member under paragraphs (2) and (3) of subsection (a) of this section if credited in accordance with uniform administrative requirements, including payment deadlines, established by the retirement system in order to complete processing for members who request purchase of service credit before August 31, 2005.

This agency hereby certifies that the emergency adoption has been reviewed by legal counsel and found to be within the agency's legal authority to adopt.

Filed with the Office of the Secretary of State on July 25, 2005.

TRD-200503057

Ronnie Jung

Executive Director

Teacher Retirement System of Texas

Effective Date: September 1, 2005

Expiration Date: December 29, 2005

For further information, please call: (512) 542-6438