(a) Certain obligations to TRS shall be exempt form the procedures provided in this rule except as provided by the executive director. These obligations are:
- (1) obligations arising from the investments of the system, which shall be governed by the TRS investment policy and procedures;
- (2) state contributions;
(3) other obligations for which a statute provides alternative collection procedures, such as:
- (A) employer reimbursement or assumption of state contributions;
- (B) unpaid member contributions;
- (C) installment payments for special service credit; and
- (D) overpayments which TRS concludes may appropriately be recovered by actuarial adjustments to benefits;
- (4) collections made by third parties pursuant to legally authorized contracts.
- (b) For good cause the executive director may make exceptions to the procedures in this chapter.
Source Note:The provisions of this §49.7 adopted to be effective January 4, 1993, 17 TexReg 9037; amended to be effective June 9, 1999, 24 TexReg 4251.