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Texas Statutes (Last Updated: January 4, 2014) |
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GOVERNMENT CODE |
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Title 8. PUBLIC RETIREMENT SYSTEMS |
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Subtitle B. EMPLOYEES RETIREMENT SYSTEM OF TEXAS |
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Chapter 813. CREDITABLE SERVICE |
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Subchapter B. PROVISIONS GENERALLY APPLICABLE TO ESTABLISHMENT OF SERVICE |
Sec. 813.102. SERVICE CREDIT PREVIOUSLY CANCELED
Latest version.
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(a) A member who has withdrawn contributions and canceled service credit in a class of membership may, if eligible as provided by Section 813.403 or 813.504, reestablish the canceled service credit in the retirement system.
(b) A member may reestablish credit by depositing with the retirement system in a lump sum the amount withdrawn from a membership class, plus interest computed on the basis of the state fiscal year at an annual rate of 10 percent from the date of withdrawal to the date of redeposit.
Acts 1981, 67th Leg., p. 1876, ch. 453, Sec. 1, eff. Sept. 1, 1981. Renumbered from Vernon's Ann.Civ.St. Title 110B, Sec. 23.102 and amended by Acts 1989, 71st Leg., ch. 179, Sec. 1, eff. Sept. 1, 1989. Amended by Acts 1999, 76th Leg., ch. 1541, Sec. 6, eff. Sept. 1, 1999. Amended by: Acts 2005, 79th Leg., Ch. 347 , Sec. 7, eff. September 1, 2006.