1. (a) Payment of contributions by a person who is a member by virtue of service on a governing board shall be made to the member's department. Contributions are due on the last day of the month for which service credit is being established.
2. (b) If payment is not received by the system when the department's retirement report is submitted, a notice that payment has not been made and of the pending loss of eligibility to establish additional board service shall be sent to the member, with copies of this notice to the chief fiscal officer and to the head of the department or the agency of which the member is part of the administrating board.
3. (c) In the event an administrative board member's contributions are not paid to the retirement system within 60 days after the due date of the contributions in accordance with this section, the member shall lose all rights to continue to establish retirement credit as a member of an administrative board.

Source Note:The provisions of this §69.3 adopted to be effective September 21, 1981, 6 TexReg 342.