TITLE public-finance

Part IV. Employees Retirement System of Texas

Chapter 73. Benefits

34 TAC §73.35

The Employees Retirement System of Texas adopts on an emergency basis §73.35, concerning supplemental payment. The section is being amended in order to allow a supplemental one-time payment in the fiscal year ending August 31, 1999.

The section is adopted on an emergency basis in order to timely prepare and distribute the supplemental payments.

The amendment is adopted on an emergency basis under Tex. Gov't Code §814.603(d), which provides authorization for the board to authorize a supplemental one-time payment during any fiscal year, if the payments are in compliance with Tex. Gov't Code §811.006.

§73.35.Supplemental Payment.

(a)-(b)

(No change.)

(c)

In accordance with Government Code, §814.603, subsection (d), a supplemental payment is authorized in the fiscal year ending August 31, 1999.

Filed with the Office of the Secretary of State, on December 14, 1998.

TRD-9818324

Sheila W. Beckett

Executive Director

Employees Retirement System of Texas

Effective date: December 14, 1998

Expiration date: March 13, 1999

For further information, please call: (512) 867-7125