Tex. Gov't Code Section 854.205
Five-year Vesting


(a)

This section applies to each municipality unless the municipality’s governing board files with the board of trustees before December 31, 2001, an election to not provide for five-year vesting. A governing board that elects to not provide five-year vesting may revoke that election by sending notice to the board of trustees to provide for five-year vesting.

(b)

After December 31, 2001, a member may terminate covered employment and remain eligible to retire and receive a service retirement annuity at any time after the member attains an applicable age as provided by law if the member has at least five years of credited service performed for one or more municipalities to which the five-year vesting provision under this section applies.
Added by Acts 2001, 77th Leg., ch. 121, Sec. 20, eff. Sept. 1, 2001.

Source: Section 854.205 — Five-year Vesting, https://statutes.­capitol.­texas.­gov/Docs/GV/htm/GV.­854.­htm#854.­205 (accessed Jun. 5, 2024).

854.001
Types of Benefits
854.002
Composition of Retirement Annuity
854.003
Effective Date of Retirement
854.004
When Annuity Is Payable
854.005
Reduction of Annuity Payments on Request
854.006
Change of Beneficiary or Division of Benefit for Certain Persons Receiving Monthly Benefits
854.007
Limitation on Payment of Benefits
854.008
Partial Lump-sum Distribution on Retirement
854.101
Application for Service Retirement
854.102
Eligibility for Service Retirement Annuity
854.103
Standard Service Retirement Annuity
854.104
Optional Service Retirement Annuity
854.105
Selection of Optional Service Retirement Annuity
854.106
No Surviving Spouse, Executor, or Administrator
854.107
Designation of Beneficiary After Retirement Under Straight Life or Guaranteed Term Annuity
854.108
Designation of Beneficiary After Retirement Under Joint and Survivor Annuity
854.201
Optional Service Retirement Eligibility
854.202
Additional Optional Service Retirement Eligibility
854.203
Optional Increase in Retirement Annuities
854.205
Five-year Vesting
854.301
Application for Disability Retirement Annuity
854.302
Eligibility for Disability Retirement Annuity
854.303
Certification of Disability
854.304
Standard Disability Retirement Annuity
854.305
Optional Disability Retirement Annuity
854.306
Medical Examination of Disability Retiree
854.307
Certification of End of Disability
854.308
Return of Disability Retiree to Active Service or Employment
854.309
Refund at Annuity Discontinuance
854.401
Eligibility for Supplemental Disability Retirement Annuity
854.402
Certification and Finding of Disability
854.403
Supplemental Disability Retirement Annuity
854.404
Conditions for Benefits
854.405
Optional Occupational Disability Benefits Program
854.406
Application for Occupational Disability Benefits
854.407
Eligibility for Benefits and Determination of Disability
854.408
Standard Occupational Disability Retirement Annuity
854.409
Medical Examination of Retirees
854.410
Optional Occupational Disability Retirement Annuity
854.411
Rules for Optional Disability Retirement Annuities
854.501
Return of Contributions
854.502
Refund of Unrecovered Contributions
854.503
Trust as Beneficiary
854.504
Person Causing Death of Member or Annuitant
854.505
Simultaneous Death of Member and Beneficiary
854.601
Coverage in Supplemental Death Benefit Program
854.602
Extended Supplemental Death Benefit Coverage
854.603
Member Supplemental Death Benefit
854.604
Retiree Supplemental Death Benefit
854.605
Beneficiary of Supplemental Death Benefit

Accessed:
Jun. 5, 2024

§ 854.205’s source at texas​.gov