Texas § 842.058 BENEFITS.

Texas Statutes

§ 842.058 — BENEFITS.

Texas § 842.058

Code GVGovernment Code

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Bluebook

Tex. Government Code Code Ann. § 842.058 (2026).

Text

Sec. 842.058. BENEFITS.

(a)After the transfers, allocations, and any necessary reductions described by Sections 842.054-842.057 have been made, each member who has not received a refund of accumulated contributions becomes fully vested in the member's accrued benefits with respect to the subdivision to the extent funded and is immediately eligible to retire with a service retirement annuity or to take a distribution of the accrued benefits in a lump sum, regardless of age, service, or employment.

(b)A member vested under this section or Section 842.051 (a) is an eligible member under Section 844.407 . For the purpose of determining any death benefit payable under Section 844.402 , the member's individual account consists only of the deposits and contributions made by the member and the a

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Sec. 842.058. BENEFITS. (a) After the transfers, allocations, and any necessary reductions described by Sections 842.054-842.057 have been made, each member who has not received a refund of accumulated contributions becomes fully vested in the member's accrued benefits with respect to the subdivision to the extent funded and is immediately eligible to retire with a service retirement annuity or to take a distribution of the accrued benefits in a lump sum, regardless of age, service, or employment.
(b) A member vested under this section or Section 842.051 (a) is an eligible member under Section 844.407 . For the purpose of determining any death benefit payable under Section 844.402 , the member's individual account consists only of the deposits and contributions made by the member and the accumulated interest attributable to those amounts.
SUBCHAPTER B. MEMBERSHIP