- (a) The amount of deposits due for unreported service will be calculated at the member contribution rate in effect for the year in which the service was rendered but for which no deposits or insufficient deposits were made. Contributions will be based on creditable compensation as determined under the law applicable at the time of the service.
- (b) Deposits for unreported service and credit for maintenance for school years in which maintenance is eligible for credit will be based on a valuation made by the executive secretary or a designee. The valuation may not exceed $400 per month. Maintenance consists of housing furnished the member in lieu of salary as a part of an employment contract between the public school and the member.
Source Note:The provisions of this §25.46 adopted to be effective September 4, 1981, 6 TexReg 3098; amended to be effective January 24, 1992, 17 TexReg 251.