TITLE 34.PUBLIC FINANCE

Part 1. COMPTROLLER OF PUBLIC ACCOUNTS

Chapter 3. TAX ADMINISTRATION

Subchapter F. MOTOR VEHICLE SALES TAX

34 TAC §3.63

The Comptroller of Public Accounts adopts the repeal of existing §3.63, concerning motor vehicles purchased, leased or operated by diplomatic officials, without changes to the proposal as published in the November 11, 2005, issue of the Texas Register (30 TexReg 7380).

The existing §3.63 is being repealed so that the content can be updated in a new §3.63 to reflect changes made by the United States Department of State to the procedure and policy for authorization of tax exemption on vehicles purchased by diplomatic missions and their members. The adopted new section will incorporate those changes.

No comments were received regarding adoption of the repeal.

The repeal is adopted under Tax Code, §111.002, which provides the comptroller with the authority to prescribe, adopt, and enforce rules relating to the administration and enforcement of the provisions of Tax Code, Title 2.

The repeal of the existing section and adoption of a new section implements United States Department of State, Office of Foreign Missions tax exemption procedure.

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 20, 2005.

TRD-200505964

Martin Cherry

Chief Deputy General Counsel

Comptroller of Public Accounts

Effective date: January 9, 2006

Proposal publication date: November 11, 2005

For further information, please call: (512) 475-0387


34 TAC §3.63

The Comptroller of Public Accounts adopts new §3.63, concerning foreign diplomatic officials, without changes to the proposed text as published in the November 11, 2005, issue of the Texas Register (30 TexReg 7380).

This section implements changes made by the United States Department of State, Office of Foreign Missions to the procedure and policy for authorization of tax exemption.

No comments were received regarding adoption of the new section.

The new section is adopted under Tax Code, §111.002 and §111.0022, which provides the comptroller with the authority to prescribe, adopt, and enforce rules relating to the administration and enforcement of the provisions of Tax Code, Title 2, and taxes, fees, or other charges which the comptroller administers under other law.

This new section implements United States Department of State, Office of Foreign Missions tax exemption procedure.

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 20, 2005.

TRD-200505965

Martin Cherry

Chief Deputy General Counsel

Comptroller of Public Accounts

Effective date: January 9, 2006

Proposal publication date: November 11, 2005

For further information, please call: (512) 475-0387


Part 3. TEACHER RETIREMENT SYSTEM OF TEXAS

Chapter 31. EMPLOYMENT AFTER RETIREMENT

Subchapter D. EMPLOYER PENSION SURCHARGE

34 TAC §31.41

The Board of Trustees (Board) Teacher Retirement System of Texas (TRS) adopts on a permanent basis new §31.41, concerning the administration of an employer pension surcharge related to employment after retirement. The amendments to §31.41 are adopted with changes to the proposed text as published in the September 30, 2005, issue of the Texas Register (30 TexReg 6254).

The Board adopts the new rule so TRS can implement Senate Bill 1691, 79th Legislature, Regular Session (2005) (SB 1691) (to be codified at §825.4092, Government Code), which, with certain exceptions, requires employers who report to TRS the employment of a retiree to pay a pension surcharge. The new law became effective September 1, 2005. In implementing SB 1691, the new rule will provide guidance regarding the basis for computing the surcharge as well as guidance on which reported retirees the surcharge must be paid. The new section also provides for payment of the surcharge on reported retirees concurrently employed by more than one employer or subsequently employed by more than one employer during the same school year. In accordance with the legislative enactment, the Board 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).

Clarifying when payment is triggered, the new section applies the surcharge only to a reported retiree working in a TRS-covered position. The new rule applies the same criteria used to determine eligibility for TRS membership to the determination of whether a retiree is working in a TRS-covered position for purposes of the surcharge. The new section also provides that an employer owes the surcharge on a retiree who is working in a TRS-covered position for a third-party entity but who is considered an employee of the employer.

TRS staff took actions with regard to the employer pension surcharge pursuant to the emergency disasters, emergency conditions, and threat thereof declared by the Governor of Texas because of Hurricane Katrina. The governor's emergency disaster proclamation was issued to be effective September 1, 2005 and was renewed effective October 1, 2005. In response to the declared emergency, the governor's office requested emergency relief from the imposition of the employer pension surcharge on Texas school districts that needed to hire TRS retirees to respond to the influx of evacuees from states impacted by Hurricane Katrina. Accordingly, the Board adopts the new rule with changes to the proposed text as published September 30, 2005 to respond to emergency disaster conditions created by Hurricane Katrina and to clarify the definition of "substitute" to be used in applying the surcharge. As determined by legal counsel, these changes are a logical outgrowth of the proposed rule as published and do not materially alter the issues raised in it. The changes to the proposed rule do not entail new subjects of application or affect any new persons besides those previously given notice.

TRS received no public comments on proposed new section as published September 30, 2005.

Statutory Authority: §825.102, Government Code, which authorizes the Board to adopt rules for the administration of the funds of the retirement system; Tex. Gov. Proclamation No. 41-3018 (signed Sept. 1, 2005), 30 TexReg 5881 (2005), Governor Perry's initial disaster proclamation regarding Hurricane Katrina, and Tex. Gov. Proclamation No. 41-3025 (signed Oct. 3, 2005), 30 TexReg 6842 (2005), the governor's renewal of the disaster proclamation for Hurricane Katrina, both of which require adoption of amended rule §31.41 so that TRS may provide clear and consistent guidance to affected retirees and reporting entities regarding the limited exception being granted on the imposition of the employer surcharge in response to the governor's proclamations and emergency relief request; §418.012, Government Code, which provides that the above-referenced gubernatorial proclamations have the force and effect of state law.

Cross-reference to Statute: §30 of SB 1691, which establishes new §825.4092, Government Code, relating to employer contributions for employed retirees.

§31.41.Return to Work Employer Pension Surcharge.

(a) For each report month a retiree is working in a TRS-covered position and reported on the Employment of Retired Members Report, the employer that reports the retiree shall pay to the Teacher Retirement System of Texas (TRS) a surcharge based on the retiree's salary. For purposes of this section, the employer is the reporting entity that reports the employment of the retiree and the criteria used to determine if the retiree is working in a TRS-covered position are the same as the criteria for determining employment eligible for TRS membership, except that a retiree reported as a substitute must meet the requirements of §31.1(b) of this title for the surcharge not to apply. For the 2005-2006 school year only, a retiree who retired before September 1, 2005 and is employed for a period of more than 4 1/2 months due to the enrollment of students displaced by Hurricane Katrina may be considered a temporary employee whose employment is not subject to the surcharge under this section.

(b) The surcharge amount that must be paid by the employer for each retiree working in a TRS-covered position 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 member contribution rate and the state pension contribution rate.

(c) The surcharge is due from each employer that reports a retiree as working as described in this section 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 on the Employment of Retired Members Report for the report month of January 2005.

(e) 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 of this title with other TRS-covered employment in the same calendar month. For each calendar month that the retiree combines substitute service and other TRS-covered employment, the surcharge is owed by the employer that reports the retiree on all compensation earned by the retiree, including compensation for the substitute service.

(f) The surcharge is owed by the employer on any retiree who is working for a third party entity but serving in a TRS-covered position and who is considered an employee of that employer under §824.601(d) of the Government Code.

(g) If a retiree is employed concurrently in more than one position that is not eligible for TRS membership, the surcharge is owed if the combined employment is eligible for membership under §25.6 of this title. If the employment is with more than one employer, the surcharge is owed by each employer.

(h) If a retiree is employed concurrently in more than one position and one of the positions is eligible for TRS membership and one is not, the surcharge is owed on the combined employment. If the employment is with more than one employer, the surcharge is owed by each employer.

(i) If a retiree is employed in a position eligible for TRS membership, the surcharge is owed by each employer on all subsequent employment with a TRS-covered employer for the same school year.

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 21, 2005.

TRD-200506045

Ronnie G. Jung

Executive Director

Teacher Retirement System of Texas

Effective date: January 10, 2006

Proposal publication date: September 30, 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 Board of Trustees (Board) Teacher Retirement System of Texas (TRS) adopts on a permanent basis new §41.4 concerning the administration of an employer health benefit surcharge related to employment after retirement. The amendments to §41.4 are adopted with changes to the proposed text as published in the September 30, 2005, issue of the Texas Register (30 TexReg 6255).

The Board adopts the new rule so TRS can implement Senate Bill 1691, 79th Legislature, Regular Session (2005) (SB 1691) (to be codified at §825.4092, Government Code and §1575.204, Insurance Code), which, with certain exceptions, requires employers who report to TRS the employment of a retiree enrolled in the retiree health benefits program (TRS-Care) to pay a health benefit surcharge. The new law became effective September 1, 2005. In implementing SB 1691, the new rule will provide guidance regarding the basis for computing the surcharge as well as guidance on which reported retirees the surcharge must be paid. The new section also provides for payment of the surcharge on reported retirees concurrently employed by more than one employer or subsequently employed by more than one employer during the same school year. In accordance with the legislative enactment, the Board separately adopted by resolution a table setting forth the monthly dollar amounts for the surcharge, as shown in the table titled "TRS-Care Employer Surcharge Amounts - Return to Work Effective September 1, 2005," which is incorporated into this preamble and may be viewed by accessing TRS's Web site at www.trs.state.tx.us/Reporting_Officials/surcharge_amts.pdf or by requesting a copy from Ronnie Jung, TRS Executive Director, 1000 Red River Street, Austin, Texas 78701.

Clarifying when payment is triggered, the new section applies the surcharge only to a reported retiree enrolled in TRS-Care and working in a TRS-covered position. The new rule applies the same criteria used to determine eligibility for TRS membership to the determination of whether a retiree is working in a TRS-covered position for purposes of the surcharge. The new rule also requires the retiree to provide the employer updated information about changes to the retiree's TRS-Care coverage. Further, the new section provides that an employer owes the surcharge on a retiree enrolled in TRS-Care who is working in a TRS-covered position for a third-party entity but who is considered an employee of the employer.

TRS staff took actions with regard to the employer health benefit surcharge pursuant to the emergency disasters, emergency conditions, and threat thereof declared by the Governor of Texas because of Hurricane Katrina. The governor's emergency disaster proclamation was issued to be effective September 1, 2005 and was renewed effective October 1, 2005. In response to the declared emergency, the governor's office requested emergency relief from the imposition of the employer health benefit surcharge on Texas school districts that needed to hire TRS retirees to respond to the influx of evacuees from states impacted by Hurricane Katrina. Accordingly, the Board adopts the new rule with changes to the proposed text as published September 30, 2005 to respond to emergency disaster conditions created by Hurricane Katrina and to clarify the definition of "substitute" to be used in applying the surcharge. As determined by legal counsel, these changes are a logical outgrowth of the proposed rule as published and do not materially alter the issues raised in it. The changes to the proposed rule do not entail new subjects of application or affect any new persons besides those previously given notice.

TRS received no public comments on proposed new §41.4 as published September 30, 2005.

Statutory Authority: §1575.052, Insurance Code, which authorizes the Board to adopt rules it considers necessary to implement and administer the retiree health benefits program and associated fund; Tex. Gov. Proclamation No. 41-3018 (signed Sept. 1, 2005), 30 TexReg 5881 (2005), Governor Perry's initial disaster proclamation regarding Hurricane Katrina, and Tex. Gov. Proclamation No. 41-3025 (signed Oct. 3, 2005), 30 TexReg 6842 (2005), the governor's renewal of the disaster proclamation for Hurricane Katrina, both of which require adoption of amended rule §41.4 so that TRS may provide clear and consistent guidance to affected retirees and reporting entities regarding the limited exception being granted on the imposition of the employer surcharge in response to the governor's proclamations and emergency relief request; §418.012, Government Code, which provides that the above-referenced gubernatorial proclamations have the force and effect of state law.

Cross-reference to Statute: §30 of SB 1691, which establishes new §825.4092, Government Code, relating to employer contributions for employed retirees; §42 of SB 1691, which amends §1575.204, Insurance Code, relating to public school contribution under the retiree health benefits program.

§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, is working in a TRS-covered position, and is reported on the Employment of Retired Members Report to the Teacher Retirement System of Texas ("TRS") shall submit the TRS-Care Employer Health Benefit Surcharge Information Form, promulgated by TRS, to the employer, providing details of the retiree’s TRS-Care coverage tier, years of service credit, and category of enrollment, as well as the identification of all employers of the retiree and all employers of any other retiree enrolled under the same account identification number, as required by the form. The criteria used to determine if the retiree is working in a TRS-covered position are the same as the criteria for determining employment eligible for TRS membership, except that a retiree reported as a substitute must meet the requirements of §31.1(b) of this title for the surcharge not to apply.

(c) The retiree must submit to the employer an updated Employer Health Benefit Surcharge form when changes occur in coverage or the employment status of any retiree or other individual enrolled under the same account identification number.

(d) For each report month a retiree is enrolled in TRS-Care, is working in a TRS-covered position, and is reported on the Employment of Retired Members Report, the employer that reports the retiree shall, using the information provided by the retiree to the employer on the Employer Health Benefit Surcharge form, pay monthly 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.

(e) The surcharge is also owed by the employer on any retiree who is enrolled in TRS-Care, is working for a third party entity but is serving in a TRS-covered position, and who is considered an employee of that employer under §824.601(d) of the Government Code.

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

(g) The surcharge under subsection (d) of this section is not owed:

(1) by an employer for any retiree reported by that employer on the Employment of Retired Members Report for the report month of January 2005;

(2) by an employer for any retiree reported by a second employer on the Employment of Retired Members Report 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 unless that retiree combines Substitute Service under §31.13 of this title with other TRS-covered employment in the same calendar month. For each calendar month that the retiree combines substitute service and other TRS-covered employment, the surcharge is owed by the employer that reports the retiree on all compensation earned by the retiree, including compensation for the substitute service.

(h) An employer who reports to TRS the employment of a retiree who is enrolled in TRS-Care and is working in a TRS-covered position 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.

(i) If more than one employer reports the employment of a retiree who is enrolled in TRS-Care to TRS during any part of a month, the surcharge under subsection (d) 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.

(j) If a retiree who is enrolled in TRS-Care is employed concurrently in more than one position that is not eligible for TRS membership, the surcharge is owed if the combined employment is eligible for membership under §25.6 of this title. If the employment is with more than one employer, the surcharge will be paid according to subsection (i) of this section by each employer.

(k) If a retiree who is enrolled in TRS-Care is employed concurrently in more than one position and one of the positions is eligible for TRS membership and one is not, the surcharge is owed on the combined employment. If the employment is with more than one employer, the surcharge will be paid according to subsection (i) of this section by each employer.

(l) If a retiree who is enrolled in TRS-Care is employed in a position eligible for TRS membership, the surcharge will be paid according to subsection (i) of this section by each employer on all subsequent employment with a TRS-covered employer for the same school year.

(m) Notwithstanding the above, for the 2005-2006 school year only, a retiree

(1) who retired before September 1, 2005,

(2) who is enrolled in TRS-Care, and

(3) who is employed for a period of more than four and one-half months due to the enrollment of students displaced by Hurricane Katrina may be considered a temporary employee whose employment is not subject to the surcharge under this section.

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 21, 2005.

TRD-200506046

Ronnie G. Jung

Executive Director

Teacher Retirement System of Texas

Effective date: January 10, 2006

Proposal publication date: September 30, 2005

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


Part 4. EMPLOYEES RETIREMENT SYSTEM OF TEXAS

Chapter 71. CREDITABLE SERVICE

34 TAC §§71.1, 71.2, 71.27, 71.31

The Employees Retirement System of Texas (ERS) adopts amendments to Title 34, Chapter 71, Texas Administrative Code. The amendments to §§71.1, 71.2 and 71.31 concern changes in the membership waiting period; the amendments to §71.27 concern certain service solely to establish retirement eligibility. The amendments are adopted without changes to the proposed text as published in the November 11, 2005, issue of the Texas Register (30 TexReg 7383). The text of the adopted rules will not be republished.

The amended sections are adopted to comply with and conform to Senate Bill 1176, 79th Legislature, Regular Session.

Section 71.1 is adopted to delete subsection (e). This is a technical change needed to update and clarify the rules regarding membership waiting period service. Subsection (e) is currently delineated under §71.2(g) and will now be delineated under §71.2(f).

Section 71.2, subsection (a) is adopted to remove a reference to the expiration of the 90-day membership waiting period as provided by Texas Government Code, §812.003, as amended by Senate Bill 1176, which makes the 90-day membership waiting period permanent. Section 71.2 is also adopted to deleted subsection (f), thereby removing a provision that provided for the establishment of waiting period service between the 91st day of employment until contributions begin on the first day of the following month as membership service not previously established, as provided by Texas Government Code, §813.514, as amended by Senate Bill 1176. Section 813.514 was amended to remove the three-month limit on the credit purchase option for service during the membership waiting period; therefore, service earned between the 91st day of employment and the date contributions begin may be established as provided in §71.31 of this chapter.

Subsection 71.27(a) is adopted to update the rules by deleting language pursuant to Senate Bill 1176, which repealed Texas Government Code, §814.202(d), regarding the use of service credit in the Optional Retirement Program under TRS to meet the requirement of 10 years of service credit in ERS for a disability retirement annuity. Subsections 71.27(a) and (b) are also adopted to update the rules pursuant to Senate Bill 1176, which repealed Texas Government Code, §814.1042, effective January 1, 2006, regarding the establishment of service with certain governmental employers. Subsection (b) is also adopted to provide that service documented with the system prior to January 1, 2006, will be considered for the sole purpose of determining eligibility to receive a service retirement only under the Rule of 80.

Section 71.31 is adopted to update and clarify the rules pursuant to Texas Government Code, §813.514, as amended by Senate Bill 1176, which removed the three month restriction on the credit purchase option for service during the waiting period. Employees who do not begin state employment on the first day of a calendar month experience four months of waiting period service. This amendment will allow those affected employees to purchase the fourth month under the credit purchase option. This section is further adopted to clarify that a retirement contribution must have been made as provided under §813.201 before establishing service under this section. This change is needed because a credit purchase option cost estimate cannot be made until a retirement contribution has been made to the System.

No comments were received on these proposed rule amendments.

The amendments to Chapter 71 are adopted under the following Texas Government Code provisions: §815.102, which authorizes the board of trustees (board) to adopt rules for eligibility of membership and the administration of the funds of the retirement system; and §813.514, which authorizes the board to adopt rules to administer the credit purchase option, including rules that impose restrictions on the application of the statutes as necessary to cost-effectively administer the statute. These rules affect Title 8, Subtitle B of the Texas Government Code.

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 21, 2005.

TRD-200506056

Paula A. Jones

General Counsel

Employees Retirement System of Texas

Effective date: January 10, 2006

Proposal publication date: November 11, 2005

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


34 TAC §71.21

The Employees Retirement System of Texas (ERS) adopts a repeal to Title 34, Chapter 71, Texas Administrative Code. The repeal of §71.21 concerns the transfer of certain state employees from the Teacher Retirement System of Texas (TRS) to ERS. The repeal is adopted without changes as published in the November 11, 2005, issue of the Texas Register (30 TexReg 7385). The text of the repealed rule will not be published.

Section 71.21 is repealed to update the rules regarding the transfer of certain state employees from TRS to ERS under a retirement incentive for the employee class pursuant to Acts of the 73rd Legislature. The repeal is needed because provisions of the retirement incentive expired on September 1, 1995 and are no longer applicable. The sections of §71.21 that remain applicable are already contained in §71.19.

No comments were received on the proposed repeal.

The repeal of §71.21 is adopted under Texas Government Code, §815.102, which authorizes the board of trustees (board) to adopt rules for the administration of the funds of the retirement system. This repeal affects Title 8, Subtitle B of the Texas Government Code.

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 21, 2005.

TRD-200506054

Paula A. Jones

General Counsel

Employees Retirement System of Texas

Effective date: January 10, 2006

Proposal publication date: November 11, 2005

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


Chapter 73. BENEFITS

34 TAC §73.19

The Employees Retirement System of Texas (ERS) adopts a repeal to Title 34, Chapter 73, Texas Administrative Code. The repeal of §73.19 concerns the limitation of disability claims. The repeal is adopted without changes as published in the November 11, 2005, issue of the Texas Register (30 TexReg 7385). The text of the repealed rule will not be published.

Section 73.19 is repealed to update the rules and remove sections that only duplicate what is already contained in the relevant statute. The provisions of §73.19 are delineated under Texas Government Code, §814.201, and an administrative rule is not needed.

No comments were received on the proposed repeal.

The repeal of §73.19 is adopted under Texas Government Code, §815.102, which authorizes the board of trustees to adopt rules for the administration of the funds of the retirement system. This repeal affects Title 8, Subtitle B of the Texas Government Code.

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 21, 2005.

TRD-200506055

Paula A. Jones

General Counsel

Employees Retirement System of Texas

Effective date: January 10, 2006

Proposal publication date: November 11, 2005

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


Chapter 77. JUDICIAL RETIREMENT

34 TAC §§77.15, 77.21, 77.23

The Employees Retirement System of Texas (ERS) adopts a rule amendment, an amended table of factors, and a new rule under Title 34, Chapter 77, Texas Administrative Code. The amendment to §77.15 is a conforming change to correspond with the proposed new rule §77.23. An amended table of factors relating to §77.21(d) [Figure: 34 TAC §77.21(d)], is adopted to replace the existing table and will be used to determine the cost for members of the Judicial Retirement System of Texas Plan Two (JRS II) to purchase membership service credit under the credit purchase option authorized by Texas Government Code, §838.108, as amended by Senate Bill 1176, 79th Legislature, Regular Session. New rule §77.23 concerns penalty interest on the purchase of service in excess of 20 years as established by House Bill 1114, 79th Legislature, Regular Session. The amended rule, the amended table and the new rule are adopted without changes to the proposed text and proposed table as published in the November 11, 2005, issue of the Texas Register (30 TexReg 7386). The text of the adopted rules and table will not be republished.

Section 77.15 is adopted to reference proposed new rule §77.23 to clarify that, consistent with the existing rule, penalty interest applies only to JRS II in purchasing service in excess of 20 years.

Section 77.23 is adopted to clarify the purchase of service in excess of 20 years and to provide for a penalty interest rate of ten percent for those JRS II members who do not establish the service credit before the first anniversary of the date of first eligibility. This change is consistent with current rules and practice with regard to service credit not previously established and is required to cost-effectively administer the program.

An amended table of factors relating to §77.21(d) is adopted to allow a member of JRS II only to purchase additional service credit under the credit purchase option to retire or to become eligible to retire with 20 years of service by paying the System the actuarial present value of the additional benefit attributable to the additional service credit as specified in Texas Government Code, §838.108(b). The table of factors represents the actuarial cost factors to purchase the additional service credit. This table replaces the existing table and is needed to comply with and conform to Senate Bill 1176, 79th Legislature, Regular Session, in order for ERS to be able to administer the service purchase properly. The text of rule §77.21 is not amended.

No comments were received on the proposed rule amendment, the proposed new table or the proposed new rule.

The amendment to §77.15 and new §77.23 are adopted under Texas Government Code, §833.1035, §835.002, §838.1035, and §840.002, which authorizes the board to adopt rules necessary for the administration of the Judicial Retirement System of Texas Plan One and Plan Two, respectively.

The table of factors is adopted under Texas Government Code, §838.108, which authorizes the board to adopt rules to administer the credit purchase option, including rules that impose restrictions on the application of the statutes as necessary to cost-effectively administer the statute; and §840.002, which authorizes the board to adopt rules it considers necessary for the administration of the Judicial Retirement System Plan Two. These rules affect Title 8, Subtitles D and E of the Texas Government Code.

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 21, 2005.

TRD-200506057

Paula A. Jones

General Counsel

Employees Retirement System of Texas

Effective date: January 10, 2006

Proposal publication date: November 11, 2005

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


Chapter 87. DEFERRED COMPENSATION

34 TAC §§87.1, 87.3, 87.5, 87.17, 87.33

The Employees Retirement System of Texas (ERS) adopts amendments to 34 Texas Administrative Code §§87.1, 87.3, 87.5, 87.17, and 87.33, concerning the Deferred Compensation Plan, without changes to the proposed text as published in the November 11, 2005, issue of the Texas Register (30 TexReg 7389). The text of the rules will not be republished.

Sections 87.1 through 87.33 are adopted to update the plan rules, to clarify plan requirements, and to comply with and conform to state and federal law and administrative requirements.

Section 87.1, concerning Definitions, is adopted to add and revise certain definitions due to changes in state regulations. State regulations changed in 2005 to allow community colleges and junior colleges to participate in the Texa$aver 457 Plan.

Sections 87.3, 87.5 and 87.33, concerning Administrative and Miscellaneous Provisions, Participation by Employees, and The Economic Growth and Tax Relief and Reconciliation Act, are adopted to adjust the annual deferral limit to $15,000 for 2006, per federal law.

Section 87.5(h)(9) is adopted to adjust the over age 50 catch-up limits to $5,000 for 2006, per federal law. Other changes in §87.5 include amendments to post severance compensation now allowed by Internal Revenue Code (IRC) §415 regulations, and defines the conditions under which this compensation can be deferred.

Section 87.17, concerning Distributions, is adopted to include amendments resulting from IRC §415 regulations and also amendments to the loan section. Section 87.17 is also adopted to include a clarification regarding the IRC §402(f) safe harbor notice, and to provide that the notice may be delivered electronically or in writing.

Section 87.33, concerning The Economic Growth and Tax Relief and Reconciliation Act, is adopted to include a clarification regarding the delivery of the IRC §402(f) safe harbor notice.

ERS received no comments regarding these proposed rule amendments.

The amendments are adopted under Government Code, §609.508, which provides authorization for the ERS Board of Trustees to adopt rules necessary to administer the deferred compensation plan.

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 21, 2005.

TRD-200506058

Paula A. Jones

General Counsel

Employees Retirement System of Texas

Effective date: January 10, 2006

Proposal publication date: November 11, 2005

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


Part 5. TEXAS COUNTY AND DISTRICT RETIREMENT SYSTEM

Chapter 103. CALCULATIONS OR TYPES OF BENEFITS

34 TAC §103.8

The Texas County and District Retirement System adopts an amendment to §103.8, concerning the manner of paying retirement annuities with respect to retirees whose benefits are subject to the limitations of Section 415(b) of the Internal Revenue Code. This amended rule is adopted without changes to the proposed text as published in the October 28, 2005, issue of the Texas Register (30 TexReg 7009).

The amendment sets forth the method of distribution to be used depending on whether the annuitant is a participant in the Texas County and District Retirement System Qualified Replacement Benefit Arrangement.

No comments were received regarding adoption of the amendment.

The amendment is adopted under the Government Code §845.102, which provides the board of trustees of the Texas County and District Retirement System with the authority to adopt rules necessary or desirable for efficient administration of the 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 December 21, 2005.

TRD-200506042

Tom Harrison

Deputy Director and General Counsel

Texas County and District Retirement System

Effective date: January 10, 2006

Proposal publication date: October 28, 2005

For further information, please call: (512) 328-8889


Chapter 107. MISCELLANEOUS RULES

34 TAC §107.15

The Texas County and District Retirement System adopts new rule §107.15, concerning the resumption of enrollment of new employees in the retirement system by a subdivision that previously had elected to discontinue enrollment of its new employees. The new rule is adopted without changes to the proposed text as published in the October 28, 2005, issue of the Texas Register (34 TexReg 7010).

No comments were received regarding adoption of the new rule.

The new rule is adopted under the Government Code, §845.102, which provides the board of trustees of the Texas County and District Retirement System with the authority to adopt rules necessary or desirable for efficient administration of the 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 December 21, 2005.

TRD-200506043

Tom Harrison

Deputy Director and General Counsel

Texas County and District Retirement System

Effective date: January 10, 2006

Proposal publication date: October 28, 2005

For further information, please call: (512) 328-8889


Chapter 111. TERMINATION OF PARTICIPATION: SUBDIVISIONS

34 TAC §§111.1 - 111.4

The Texas County and District Retirement System adopts new Chapter 111, consisting of new §§111.1 - 111.4, concerning the definitions and notice procedures for the termination of a subdivision’s participation in TCDRS. The new rules are adopted without changes to the proposed text as published in the October 28, 2005, issue of the Texas Register (30 TexReg 7010).

The new chapter causes the rule to conform to the statutory change made by §6, of HB 633 as passed during the 2005 regular session of the 79th Legislature, which provides subdivisions the option to terminate participation in TCDRS and the authority to adopt rules to implement this termination option.

No comments were received regarding adoption of the new rules.

The new rules are adopted under the Government Code, §845.102, which provides the board of trustees of the Texas County and District Retirement System with the authority to adopt rules necessary or desirable for efficient administration of the system; and are adopted in anticipation of the authority granted in §842.051(c), Government Code.

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 21, 2005.

TRD-200506044

Tom Harrison

Deputy Director and General Counsel

Texas County and District Retirement System

Effective date: January 10, 2006

Proposal publication date: October 28, 2005

For further information, please call: (512) 328-8889


Chapter 113. TEXAS COUNTY AND DISTRICT RETIREMENT SYSTEM QUALIFIED REPLACEMENT BENEFIT ARRANGEMENT

34 TAC §§113.1 - 113.6

The Texas County and District Retirement System adopts new Chapter 113, consisting of new §§113.1 - 113.6, concerning the establishment and operation of a qualified governmental excess benefit arrangement under §415(m) of the Internal Revenue Code in accordance with the authority granted to the board in §845.504, Government Code. Sections 113.2, 113.5 and 113.6 are adopted with changes to the proposed text as published in the October 28, 2005, issue of the Texas Register (30 TexReg 7011). Sections 113.1, 113.3 and 113.4 are adopted without changes and will not be republished.

The proposed rule §113.2(13) referred to "Article 2". That was a reference to a section that has been redesignated. The correct reference is "§113.3". In addition, the proposed rule §113.5(b)(2) contains a reference to "§113.3(d)". It should read "§113.4(d)". The final version below corrects these section references.

No comments were received regarding adoption of the new rules.

The new rules are adopted under the Government Code, §845.102, which provides the board of trustees of the Texas County and District Retirement System with the authority to adopt rules necessary or desirable for efficient administration of the system.

§113.2.Definitions.

The following words and terms, when used in this chapter, shall have the following meanings, unless the context clearly indicates otherwise.

(1) "Act" means the provisions of Texas Government Code, Title 8, Subtitle F, as amended from time to time, establishing the Texas County and District Retirement System.

(2) "Arrangement" means the Texas County and District Retirement System Qualified Replacement Benefit Arrangement, as set forth herein and as amended from time to time.

(3) "TCDRS" or "System" means the Texas County and District Retirement System, as established under the provisions of the Act.

(4) "Benefit Recipient" means any individual who receives a retirement benefit from TCDRS as a Retiree or as a surviving beneficiary of a deceased Member or Retiree. The term may include an alternate payee of a deceased Member or Retiree.

(5) "Benefit" means a retirement benefit accrued under the provisions of the Act.

(6) "Board" means the Board of Trustees of TCDRS.

(7) "Code" means the Internal Revenue Code of 1986, as amended (and corresponding provisions of any subsequent federal tax laws) and the regulations thereunder.

(8) "Effective Date" means January 1, 2006, the effective date of the Arrangement.

(9) "Eligible Member" means a Retiree or a deceased Member or Retiree with respect to an Employer, from and after the date the Employer adopts the Arrangement.

(10) "Employer" means an Employer whose employees are Members of TCDRS with respect to retirement benefits paid by TCDRS under the provisions of the Act; provided that the Employer signs an adoption agreement in the form specified by the Board to adopt the Arrangement.

(11) "Restricted Benefit" means the maximum Benefit permitted to be paid to a Benefit Recipient under the Retirement Plan of the Employer, as limited by Code §415, in accordance with §844.008 of the Act.

(12) "Member" means any individual who accrues or has accrued a Benefit under the Act.

(13) "Participant" means any Benefit Recipient with respect to an Employer who is eligible to participate in the Arrangement in accordance with §113.3 of this chapter.

(14) "Retirement Plan" means the defined benefit plan established under TCDRS for employees of the Employer, and their beneficiaries, in accordance with the Act, and qualified under Code §401(a).

(15) "Retiree" means a Member who receives a Benefit under the Act with respect to an Employer.

(16) "Unrestricted Benefit" means the benefit that would be payable to a Benefit Recipient under the Retirement Plan of the Employer if the limits of Code §415 were not applicable in accordance with §844.008 of the Act.

§113.5.Amendment and Termination.

(a) Amendment and Termination of the Arrangement. The Board reserves the right, in its sole discretion, to amend or terminate the Arrangement at any time and from time to time. By way of example, and not limitation, the Arrangement may be amended or terminated to eliminate all payments with respect to any Member or other individual who has not become eligible to participate in the Arrangement as of the date of such amendment or termination by reason of retirement or death in accordance with §113.3(a) of this chapter. In addition, an amendment or termination may be retroactive to the extent that the Board deems such action necessary, in its sole discretion, to maintain the tax-qualified status of the System or the status of this Arrangement as a qualified governmental excess benefit arrangement as defined in Code §415(m) or to avoid jeopardizing the actuarial soundness of the Retirement Plan of the Employer.

(b) Termination of Employer’s Participation.

(1) An Employer may terminate its participation in the Arrangement at any time with the consent of and on terms established by the Administrator.

(2) The Administrator may terminate the participation of an Employer if the Employer fails to comply with the rules established by the Board for the administration of the Arrangement as from time to time amended or modified, or fails to perform in accordance with the adoption agreement. The determination of an Employer’s failure to comply and subsequent involuntary termination of participation is within the sole discretion and authority of the Administrator. The Administrator’s decision is final, conclusive and binding unless timely appealed directly to the Board in accordance with §113.4(d) of this chapter.

(c) Participants. If an Employer’s participation in the Arrangement is voluntarily or involuntarily terminated, then any person who is a Benefit Recipient with respect to that Employer and who is a Participant in the Arrangement shall immediately cease such participation and shall be entitled to no benefits under this Arrangement and no benefits shall be paid or due to such Participant on or after the date of such termination. On the termination of an Employer in the Arrangement, the Employer shall have sole and complete responsibility and liability for paying any benefits that would otherwise be payable under the Arrangement with respect to its Participants, and the System and all other participating Employers shall have no responsibility or liability for any such benefits.

§113.6.General Provisions.

(a) Applicable Law.

(1) All questions pertaining to the validity, construction and administration of the Arrangement shall be determined in conformity with the laws of the State of Texas, except to the extent federal law preempts state law.

(2) If any provision of the Arrangement or the application thereof to any circumstance or person is invalid, the remainder of the Arrangement and the application of such provision to other circumstances or persons shall not be affected thereby.

(b) Indemnification. To the extent allowed by law, an Employer electing to participate in the Arrangement must agree to indemnify, defend, and hold harmless the System, the employees of the System, the Board, and all other Employers participating in the Arrangement from and against any and all direct or indirect liabilities, demands, claims, losses, costs and expenses, including reasonable attorney’s fees, arising out of or resulting from the Employer’s participation in the Arrangement and/or the Employer’s voluntary or involuntary termination of participation in the Arrangement. The agreement of the Employer to indemnify, defend and hold harmless survives the termination of the Employer’s participation in the Arrangement and the termination of the Arrangement.

(c) Nonalienation. Benefits under this Arrangement shall not be subject to alienation or legal process, except to the extent permitted under Government Code, Chapter 804.

(d) No Enlargement of Employment Rights. The establishment of the Arrangement shall not confer any legal rights upon any employee or other person for a continuation of employment, nor shall it interfere with the rights of the Employer to discharge any employee and to treat the employee without regard to the effect which that treatment might have upon the employee as a Participant in the Arrangement.

(e) Information Required By Arrangement. Benefit Recipients, other individuals and Employers shall furnish to the Administrator such evidence, data and information as the Administrator considers necessary or desirable for the purpose of administering the Arrangement.

(f) Paying Benefits, Costs and Expenses from TCDRS Assets is Prohibited. No assets of the System shall be used directly or indirectly to pay benefits under the Arrangement or to pay any costs or expenses of administering the Arrangement. Expenses of administering the Arrangement may include expenses for professional, legal, accounting, and other services, and other necessary or appropriate costs of administration.

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 21, 2005.

TRD-200506049

Tom Harrison

Deputy Director and General Counsel

Texas County and District Retirement System

Effective date: January 10, 2006

Proposal publication date: October 28, 2005

For further information, please call: (512) 328-8889