Sec. 6.022. AUTHORITY TO REDUCE RETIREMENT AGE. Notwithstanding any other law, the board may reduce the age at which a Group B member is eligible to begin receiving a retirement pension, including an actuarially reduced retirement pension, under Section 6.02 of this article if the board determines that the reduction will not cause the amortization period of the unfunded actuarial accrued liability of the pension system to exceed 25 years, after taking into account the impact of the reduction. A board action under this section may not take effect until the State Pension Review Board reviews the board's determination described by this section.
Structure Texas Statutes
Article 6243a-1. Pension System for Police Officers and Firefighters in Certain Cities
Section 6.01. Group a Retirement Pension
Section 6.02. Group B Retirement Pension
Section 6.022. Authority to Reduce Retirement Age
Section 6.03. Disability Benefits
Section 6.035. Disability Benefits for Certain Persons in Uniformed Services
Section 6.04. Calculation of Regular Disability Benefits
Section 6.05. Compensation Benefits for Service-Connected Disability
Section 6.055. Reduction in Disability or Compensation Benefits for Certain Persons
Section 6.06. General Rules Governing Death Benefits
Section 6.061. Prospective Reinstatement of Certain Death Benefits
Section 6.062. Lump-Sum Payment on Death of Certain Members
Section 6.063. Authority to Elect Certain Actuarially Reduced Benefits
Section 6.07. Group a Death Benefits
Section 6.08. Group B Death Benefits
Section 6.09. Qualified Surviving Spouse Special Death Benefit
Section 6.11. Minimum Benefits to Group B Primary Parties and Their Qualified Survivors
Section 6.12. Adjustments to Retirement and Disability Pension Benefits
Section 6.13. Supplement to Certain Recipients 55 Years of Age or Older
Section 6.14. Deferred Retirement Option Plan
Section 6.141. Deferred Annuitization of Certain Drop Accounts
Section 6.15. Medical Examination
Section 6.16. Waiver of Benefits
Section 6.17. Denial of Benefits: Death Caused by Survivor
Section 6.19. Certificate of Member Pension Benefit Eligibility