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Current as of January 01, 2024 | Updated by Findlaw Staff
(a) A person who is a participant in the optional retirement program may withdraw accumulated contributions from the retirement system.
(b) An application to withdraw contributions under this section must be in writing and on a form prescribed by the board of trustees.
(c) Before the first anniversary of the date an application is received, the retirement system shall pay a withdrawing member the member's accumulated contributions.
(d) A person who withdraws contributions under this section relinquishes all accrued rights in the retirement system.
(e) Nothing in Section 830.105 precludes the election by a participant to withdraw accumulated contributions under this section.
Cite this article: FindLaw.com - Texas Government Code - GOV'T § 830.104. Withdrawal of Contributions to the Retirement System - last updated January 01, 2024 | https://codes.findlaw.com/tx/government-code/gov-t-sect-830-104/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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