ATRS Rules

Table of Contents

Table Of Contents


Organization and Operation

0-1 ATRS Rules of Organization and Operation



1-1 Board Plan Administration

1-2 Board Guiding Principles

1-3 Board Code of Conduct

1-4 Board Member Development

1-5 Board Meetings

1-6 Duties of Chair and Vice Chair

1-7 Reimbursement of Expenses

1-8 Procurement of Services

1-9 Board Committee Principles

1-10 Investment Committee Charter

1-11 Policy/Legislative Committee Charter (Repealed)

1-12 Policy Committee Charter (Repealed - Combined with No. 1-11)

1-13 Real Estate Committe Charter (Repealed)

1-14 Real Estate Screening Committe Charter (Repealed)

1-15 Board Self Evaluation

1-16 Executive Committe Charter (Repealed)

1-17 Administrative-Personnel Committee Charter (Repealed)

1-18 Audit Committee Charter

1-19 Operations Committee Charter


Board Objectives

2-1 Board Financial Objectives

2-2 Board Objectives for Members

2-3 Board Governance Objectives

2-4 Staff Learning and Growth Objectives


Executive Director

A. Board-Executive Director Relationship

3-1 Employment of Executive Director

3-2 Executive Director's Job Description

3-3 Delegation to the Executive Director

3-4 Monitoring Executive Performance


B. Executive Director Limitations

3-5 General Executive Constraints

3-6 Communication and Counsel to the Board

3-7 Code of Ethics

3-8 Compensation and Benefits

3-9 Operations

3-10 Staff Treatment

3-11 Risk Management


Composition and Election of Board of Trustees

4-1 Board of Trustees Composition and Elections

4-2 Election Procedures and Terms of Office for Elected Trustee Positions

4-3 Schedule for Trustee Elections (Repealed - Combined with No. 4-2)



5-1 Investment Introduction

5-2 Standard Care

5-3 Asset Allocation

5-4 Investment Goals

5-5 Investment Strategy (Repealed)

5-6 Investment Consultants

5-7 Investment Managers

5-8 Soft Dollars



6-1 Membership Rules

6-1A Contributory-NonContributory Service

6-1B Erroneous Membership

6-2 Reciprocity

6-3 College Alternate - Part I (Repealed)

6-4 College Alternate - Part II (Repealed)

6-5 College Alternate - Part III (Repealed)

6-6 Technical and Community Colleges (Repealed)

6-7 Alternate Plan for Vocational Education (Repealed)

6-8 Department of Health Rehabilitation Service Transfer Act 793 of 1977 (Repealed)

6-9 See Rule 6-1B

6-10 Privatized Employers and Nonprofit Corporations

6-11 Confidentiality of Member Accounts

6-12 College Plan



7-1 Calculation of Final Average Salary

7-2 Proof of Service Credit

7-3 Employee (Member) Contributions

7-4 Reporting Employee and Employer Contributions



8-1 Purchase of Service Credit Repayment of Refunds

8-2 Refund of Member Contributions

8-3 Repayment of Refunded Member Contributions (Repealed)

8-4 Rollover Acceptance and Distribution

8-5 Purchase Payment Rules

8-6 Cancellation of Purchase Service Accounts

8-7 Free Military Service

8-8 Free Teaching Service before 1937 (Repealed)

8-9 Purchase of Back Contributions (Repealed)

8-10 Purchase of Additional Contributions (Repealed)

8-11 Purchase of NonContributory Service as Contributory (Repealed)

8-12 Purchase of Military service (Repealed)

8-13 Purchase of National Guard Service (Repealed)

8-14 Purchase of out-of-state service (Repealed)

8-15 Purchase of overseas service (Repealed)

8-16 Purchase of Sabbatical Leave (Repealed)

8-17 Purchase of Private School Service (Repealed)

8-18 Purchase of Domestic Federal Service (Repealed)

8-19 Purchaes of Federal Retirement Service

8-20 Contract Buyouts or Other Court-Ordered Payments



9-1 Retirement/Benefits Definitions

9-2 Age and Service (Voluntary) Retirement

9-3 State Employee Transfers to APERS

9-4 Disability Retirement

9-5 Deferred Retirement (Repealed)

9-6 Early Retirement (Repealed)

9-7 Annuity Options and Disposition of Residue after Retirement

9-8 Error Corrections and Collection of Overpayment

9-9 Retirement Application


Return to Service

10-1 Rescinding Retirement (Repealed)

10-2 Employment of an ATRS Retiree by a Participating Employer

10-3 Teacher Deferred Retirement Option Plan (T-Drop)


Survivors/Domestic Relations Orders

11-1 Survivor Benefits

11-2 Lump-Sum Death Benefit

11-3 Qualfied Domestic Relations Order (QDRO) for ATRS Members

11-4 Qualified Domestic Relations Order (QDRO) for Retired Members (Repealed - Combined with No. 11-3)

11-5 Lost Payees


Internal Revenue Code

12-1 Protection of "Qualified Trust" Status of ATRS under IRS Code § 401(a)


Administrative Adjudications

13-1 Administration Adjudications- Staff Determinations and Appeals


Retirement Fund Asset Accounts

14-1 Retirement Fund Asset Accounts


Benefit Restoration Plan and Trust

15-1 Benefit Restoration Plan and Trust


Cash and Savings Help Program for Members

16-1 Cash and Savings Help Program for Members


Manifest Injustice

17-1 Manifest Injustice


* Indicates rule is under emergency rulemaking or the regular rule promulgation process; or both. If the rule is under emergency rulemaking, you will need to contact ATRS to get a copy of the rule that is currently in effect. If the rule is undergoing the regular rule promulgation process, this rule is subject to change.