Sec. 2.10. ACTION INCREASING AMORTIZATION PERIOD. Notwithstanding any other provision of this Act, the rate of contributions to the pension fund may not be reduced or eliminated, a new monetary benefit payable by the pension fund may not be established, and the amount of a monetary benefit from the fund may not be increased, if, as a result of the particular action, the time, as determined by an actuarial valuation, required to amortize the unfunded actuarial liabilities of the pension fund would be increased to a period that exceeds 25 years.
Structure Texas Statutes
Article 6243p. Police Retirement Fund in Municipalities of 50,000 to 400,000
Section 2.01. Board of Trustees
Section 2.02. Composition of Board
Section 2.021. Qualifications of Trustees
Section 2.03. Elected Trustees
Section 2.035. Trustee Training
Section 2.04. Administrative Staff
Section 2.05. Investment Managers
Section 2.06. Investment Consultant
Section 2.08. Investments of the Board