SB 99, 58th R.S.
Relating to requiring any city of more than one hundred and eighty-five thousand (185,000) but less than one hundred and ninety-five thousand (195,000) inhabitants, to contribute amounts into firemen's retirement and pension funds, providing the firemen with payment of the total amount they have individually contributed into such fund upon termination of their employment and prior to receiving their twenty-year retirement certificate; providing an election by terminated firemen having received their twenty-year certificates to receive the total amount of their contribution or to continue making payments into such fund until reaching the age of fifty-five, and at such time he shall receive all pension benefits which have accrued; providing for investment of surplus funds by the boards, with the assistance of advisory committees.
Author: Charles Herring
Session Law Chapter:
Acts 1963, 58th R.S.,ch. 19, General and Special Laws of Texas
Subjects:
Retirement Systems--Police & Firefighters
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