Sec. 10.01. SEVERANCE BENEFITS. (a) A member whose employment with the municipality is terminated before the member qualifies for a benefit is entitled to receive a refund of accumulated contributions, payable in a lump sum or in installments without interest.
(b) A member who receives a payment under this section forfeits any further rights or benefits from the fund.
Structure Texas Statutes
Article 6243p. Police Retirement Fund in Municipalities of 50,000 to 400,000
Article 10. Severance and Death Benefits; Refund of Contributions
Section 10.01. Severance Benefits
Section 10.02. Refund of Contributions
Section 10.03. Death of Member While Actively Employed by Municipality
Section 10.04. Death of Retired Member