1. (a) Each participating entity shall remit to TRS the amount on each bill directed to the participating entity by TRS or the administering firm. The participating entity shall remit payment on or before the sixth day after the last day of each month in which TRS or the administering firm issued a bill. Payment shall be delivered in the same manner (e.g., currently, TEXNET) in which the participating entity delivers retirement contributions. Any waiver granted to a participating entity under Government Code §825.408(a) does not apply to amounts billed under this section or to amounts otherwise owed to TRS for the TRS-ActiveCare program.
2. (b) A participating entity will be billed for all full-time and part-time employees enrolled in the TRS-ActiveCare program who were employed by the participating entity on the first day of the billing month as reported by the participating entity. In addition, a participating entity will be billed retroactively for all full-time and part-time employees who enroll after the first day of a month and choose coverage for that month. A participating entity will also be billed for any individual covered in accordance with §41.40 of this title (relating to Coverage Continuation While on Leave Without Pay.) Participating entities are responsible for collecting all applicable premiums and other costs that are required to be paid by its full-time employees, part-time employees, and any individuals covered in accordance with §41.40 of this title. A participating entity shall remit the full amount billed each month.
3. (c) Participating entities shall not modify the amount of any bill or remit any amount different from the amount billed. A participating entity shall report proposed adjustments, including those seeking credit for terminated employees, to the administering firm no later than the 90th day after the billing date. TRS may reject any inappropriate proposed adjustments, including those reported later than 90 days after the billing date. Approved adjustments will be reflected on a subsequent bill.
4. (d) TRS may take corrective action against a participating entity that fails to remit payment in accordance with the timelines and other requirements of this section, including but not limited to placement of a warrant hold with the Comptroller of Public Accounts.

Source Note:The provisions of this §41.41 adopted to be effective August 26, 2002, 27 TexReg 7970.