Sec. 8.12. EFFECT OF FORFEITURE. A forfeiture from a member terminating employment and withdrawing the member's accumulated deposits may not be applied to increase the benefit that any other member would receive from the system. The actuary shall anticipate the effect of forfeitures in determining the costs under the system.
Structure Texas Statutes
Article 6243n-1. Police Officers Retirement System in Municipalities of 460,000 to 500,000
Section 8.01. Member Contributions
Section 8.02. City Contributions
Section 8.03. Initial Risk Sharing Valuation Study
Section 8.04. Subsequent Risk Sharing Valuation Studies
Section 8.05. Adjustment to City Contribution Rate if Lower Than Corridor Midpoint
Section 8.06. Adjustment to City Contribution Rate if Equal to or Greater Than Corridor Midpoint
Section 8.07. Additional City Contributions for Proportionate Retirement Program Participation
Section 8.08. Publication of Changes to Contribution Rates
Section 8.10. Payment of Contributions
Section 8.11. Effect of System Termination on Contributions