An employee's nonmonetary compensation shall be considered compensation for retirement purposes. Nonmonetary compensation includes only housing and utilities. Contributions shall be based on the actual value of the nonmonetary compensation or $175, whichever is less.     
     Source Note:        The provisions of this §71.11 adopted to be effective September 21, 1981, 6 TexReg 3427; amended to be effective January 9, 2000, 24 TexReg 12071