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4. Texas - TMRS
The following statements are taken from the Texas Municipal Retirement System's web site:
"Each TMRS participating city has its own retirement plan within the general frame work of the Texas Municipal Retirement System Act. Provisions may vary from city to city, depending upon the options selected by the individual municipality.
TMRS or ‘Texas Municipal Retirement System’ is a qualified retirement plan under Section 401 of the Internal Revenue Code."
To execute the required monthly report the only set up required is a few pay elements and the Interface Format form (IDIF).
The benefit plan may be set up with the standard benefit components documented in the Benefits Administration manual (see the Pension Sample Plan).
Pay Elements - IPPE
[{TableOfContents }]
!!!Texas Municipal Retirement System - TMRS
The following statements are taken from the Texas Municipal Retirement System's web site:\\ \\
"Each TMRS participating city has its own retirement plan within the general frame work of the Texas Municipal Retirement System Act. Provisions may vary from city to city, depending upon the options selected by the individual municipality.\\ \\
TMRS or ‘Texas Municipal Retirement System’ is a qualified retirement plan under Section 401 of the Internal Revenue Code."\\ \\
!!TMRS Setup
To execute the required monthly report the only set up required is a few pay elements and the Interface Format form ([IDIF]).\\ \\
The benefit plan may be set up with the standard benefit components documented in the Benefits Administration section.\\
!Pay Elements - [IPPE]