TITLE 34.PUBLIC FINANCE

Part 4. EMPLOYEES RETIREMENT SYSTEM OF TEXAS

Chapter 73. BENEFITS

34 TAC §73.43

The Employees Retirement System of Texas ("ERS") adopts new rule 34 TAC §73.43, concerning the deduction from an ERS annuity for certain membership fees, without changes to the proposed text as published in the May 6, 2005, issue of the Texas Register (30 TexReg 2652). The text of the rule will not be republished.

New subsection (a) of §73.43 is adopted to authorize, in a manner specified by the System, a deduction by a person who receives an annuity from ERS to pay membership fees in a state employee organization. This new subsection is adopted to further comply with and conform to Texas Government Code §814.009.

New subsection (b) of §73.43 is adopted to require a state employee organization to certify to ERS, at such times as the System determines, that the organization meets the required membership level to qualify as a state employee organization under Texas Government Code §814.009(a)(2). This new subsection is necessary to ensure that a state employee organization meets the membership level requirements of §814.009(a)(2).

New subsection (c) of §73.43 is adopted to authorize ERS to provide to a state employee organization such identifying information as the System considers necessary to identify a person who elects to participate in the membership fee deduction program.

New subsection (d) of §73.43 is adopted to provide that the System is not liable or responsible for any disputes arising out of a person's authorization or cancellation of a membership fee deduction, and requires that the person seek a resolution through the applicable state employee organization. This new subsection is necessary to ensure that disputes are resolved by the appropriate responsible state employee organization.

ERS received no comments regarding the proposed new rule.

The new rule is adopted under Texas Government Code §814.009(c), which provides authorization for the board of trustees to adopt rules governing the deduction from an ERS annuity and Texas Government Code §815.102(a)(2), which provides authorization for the board of trustees to adopt rules for the administration of the funds of the retirement system.

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 June 16, 2005.

TRD-200502507

Paula A. Jones

General Counsel

Employees Retirement System of Texas

Effective date: July 6, 2005

Proposal publication date: May 6, 2005

For further information, please call: (512) 867-7421