Sec. 841.011. FULL VESTING OF ACCRUED BENEFITS AT TERMINATION. If the retirement system is terminated or if there is a complete discontinuance of contributions to the retirement system, each member will become fully vested in that member's accrued benefit to the extent funded as of the date of termination or contribution discontinuance.
Added by Acts 1997, 75th Leg., ch. 309, Sec. 3, eff. Dec. 1, 1997.
Structure Texas Statutes
Title 8 - Public Retirement Systems
Subtitle F - Texas County and District Retirement System
Chapter 841 - General Provisions
Subchapter A. General Provisions
Section 841.002. Purpose of Subtitle
Section 841.003. Retirement System
Section 841.004. Powers, Privileges, and Immunities
Section 841.005. Actions for Accounting
Section 841.006. Exemption From Execution
Section 841.007. Reduction of Annuity Payments on Request
Section 841.009. Divorce-Decree Payments Protected
Section 841.0091. Division of Benefits on Divorce of Member
Section 841.010. Distribution Requirements
Section 841.011. Full Vesting of Accrued Benefits at Termination