(a) Except as provided in §25.28 of this title (relating to Payroll Report Dates), on written request by an employer, the Teacher Retirement System of Texas (TRS) may grant a one-time waiver for three months, of the deadline imposed by §825.408(a), Government Code, to remit all member and employer deposits and documentation of deposits before the seventh day after the last day of a month. In support of the request, an employer is required to submit the reasons for a waiver and an explanation of corrective measures being taken by the employer toward compliance with Section 825.408(a), Government Code, and to pay the required interest on the unpaid and/or undocumented amounts. The employer shall also submit corrected reports for the months in question in the form and manner prescribed by TRS.
(b) Except as provided in §25.28 of this title (relating to Payroll Report Dates), TRS shall not consider additional requests for a waiver of the deadline except in the case of a catastrophic event affecting the district's financial or technological resources.
(c) This section does not apply to health insurance.

Source Note: The provisions of this §51.5 adopted to be effective March 12, 2003, 28 TexReg 2120; amended to be effective December 23, 2014, 39 TexReg