Sec. 824.002. EFFECTIVE DATE OF RETIREMENT. (a) The effective date of a member's service retirement is the last day of the later of the following months:
(1) any month in a three-month period in which the third month is the month in which the member applies for retirement as provided by Section 824.201;
(2) the month in which the member satisfies age and service requirements for service retirement as provided by Section 824.202; or
(3) the month in which the member's employment in a position included in the coverage of the retirement system ends.
(b) The effective date of a member's disability retirement is the last day of the later of the following months:
(1) any month in a three-month period in which the third month is the month in which the member applies for retirement as provided by Section 824.301; or
(2) the month in which the member's employment in a position included in the coverage of the retirement system ends.
(c) For the purposes of this section, a member's employment in a position covered by the retirement system does not end if the member is on leave of absence or has a contract for future employment in a public school, other than a contract for employment that would, if the retiring member and the employer were to comply with all procedural requirements, qualify under Section 824.602 for an exception to the loss of monthly benefits required by Section 824.601.
(d) A person who works not later than June 15 of a year in order to complete all work required for the school year may be considered to have ended employment on May 31 of that year for the purposes of Subsections (a)(3) and (b)(2).
(e) Except as provided by Section 823.403(d), if applicable, not later than two months after the later of a member's retirement date or the last day of the month in which the member's application for retirement is submitted, and before the later of the due date for the first monthly annuity payment or the date on which the retirement system issues the first monthly annuity payment, a member applying for service retirement may, after providing notice to the retirement system, reinstate withdrawn contributions, make deposits for military service and equivalent membership service, and receive service credit as provided by this subtitle.
(f) An effective retirement date may not be changed after it is established except by revocation of retirement under Section 824.005.
Acts 1981, 67th Leg., p. 1876, ch. 453, Sec. 1, eff. Sept. 1, 1981. Amended by Acts 1985, 69th Leg., ch. 832, Sec. 4, eff. June 15, 1985. Renumbered from Vernon's Ann.Civ.St. Title 110B, Sec. 34.002 and amended by Acts 1989, 71st Leg., ch. 179, Sec. 1, eff. Sept. 1, 1989. Amended by Acts 1991, 72nd Leg., 1st C.S., ch. 13, Sec. 4, eff. Sept. 1, 1992; Acts 1995, 74th Leg., ch. 555, Sec. 11, eff. Sept. 1, 1995; Acts 2001, 77th Leg., ch. 1229, Sec. 7, eff. Sept. 1, 2001.
Amended by:
Acts 2017, 85th Leg., R.S., Ch. 931 (S.B. 1664), Sec. 6, eff. September 1, 2017.
Structure Texas Statutes
Title 8 - Public Retirement Systems
Subtitle C - Teacher Retirement System of Texas
Subchapter A. General Provisions
Section 824.001. Types of Benefits
Section 824.002. Effective Date of Retirement
Section 824.003. When Benefits Are Payable
Section 824.004. Waiver of Benefits
Section 824.005. Revocation of Retirement
Section 824.006. Payment of Annuity on Death of Member or Retiree
Section 824.007. Deductions From Service or Disability Retirement Annuity
Section 824.008. Deductions From Amounts Payable by the Retirement System