Sec. 6.16. WAIVER OF BENEFITS. (a) A primary party, qualified survivor, or beneficiary of a member's DROP account may, on a form prescribed by the board and filed with the executive director, waive all or a portion of the benefits to which the person is or may be entitled. The waiver may state whether it is revocable or irrevocable, and is irrevocable unless the waiver clearly states it is revocable.
(b) The waiver described by Subsection (a) of this section applies only to benefits that become payable on or after the date the waiver is filed.
(b-1) Benefits waived by a revocable waiver are forfeited and the person making the waiver has no right, title, claim, or interest in the benefits.
(c) If two or more persons are or may be entitled to benefits under this article, the waiver described by Subsection (a) of this section must be executed by each person to become effective. The living parent or parents or legal guardian or guardians of a child must sign the waiver described by Subsection (a) of this section on behalf of the child.
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