Texas Vernon’s Civil Statutes
Sec. § 9.06
Withdrawal of Contributions


(a)

A living person who has terminated all employment with the fire department and who has not retired may withdraw, on application, all of the accumulated contributions credited to that persons individual account with the fund in excess of the amount of benefits that the person previously has received from the fund. On withdrawal, the persons account will be closed and all service credit the person has accumulated will be canceled.

(b)

If a member dies before retirement and no person is entitled to a survivors benefit under this Act, the persons estate may, after application, withdraw all of the accumulated contributions credited to that persons individual account with the fund in excess of the amount of benefits that the person previously has received from the fund.

(1)

the pension payable until age 65 equals 60 percent of the members monthly rate of pay at the time of the disability minus any primary social security benefit actually paid to the member and the amount of other payments the member is entitled to receive from workers compensation or any other disability plan, except that a members disability pension under this Act may not exceed $1,500 per month; and

(2)

the pension payable beginning at age 65 is an amount computed in the same manner as for a normal retirement pension considering the members compensation and service as if:

(A)

the member had continued employment with the municipality until the members 65th birthday; and

(B)

the members rate of pay had remained constant from the time of disability until the members 65th birthday.
Source
Last accessed
Oct. 21, 2019