Sec. 15. REDUCTION OF BENEFITS AUTHORIZED IN CASE FUND IS DEPLETED. In the event said pension fund becomes seriously depleted, in the opinion of the pension board, said pension board may proportionately and temporarily reduce the benefits of all pensioners and beneficiaries, but such reductions shall thereafter be paid to such pensioners or beneficiaries as and when said fund is, in the opinion of the pension board, sufficiently re-established to do so.
Structure Texas Statutes
Article 6243d-1. Policemen's Relief and Retirement Fund
Section 1. Creation of Fund; Definitions
Section 3. Treasurer of Pension Fund
Section 4. Per Capita Contributions
Section 6. Assignments of Salary to Fund
Section 7. Appropriations to Fund Out of General Funds of City
Section 8. Investment of Surplus Funds
Section 9. Benefits to Begin Not Prior to January 1, 1942
Section 11. Disability Resulting From Performance of Duty
Section 12. Death Resulting From Performance of Duty
Section 13. Pension to Dependents, When
Section 14. Refunds on Leaving Service
Section 15. Reduction of Benefits Authorized in Case Fund Is Depleted
Section 16. Legal Counsel for Board
Section 17. Pensions Not Subject to Execution, Etc