Sec. 4.06. DEFICIENCY PAYMENT BY MUNICIPALITY. A municipality to which this Act applies shall pay the deficiency, if any, between the amount available to pay all retirement annuities and other benefits owed under this Act and the amount required by this Act to pay those benefits.
Structure Texas Statutes
Article 6243o. Police and Fire Fighter Retirement System in Municipalities of 750,000 to 1,000,000
Article 4. Membership and Contributions
Section 4.011. Membership of Fire Chief and Police Chief
Section 4.02. Family and Medical Leave
Section 4.03. Uniformed Service
Section 4.04. Member Contributions
Section 4.05. Municipal Contributions
Section 4.06. Deficiency Payment by Municipality
Section 4.07. Refund of Contributions
Section 4.08. Purchase of Service Credit Previously Refunded