Texas Government Code 824.307 – Restoration of Disability Retiree to Membership
Current as of: 2024 | Check for updates
|
Other versions
(a) If the medical board finds that a disability retiree is no longer mentally or physically incapacitated for the performance of duty, it shall certify its findings and submit them to the board of trustees.
(b) If a disability retiree is restored to active service, other than service described by § 824.602(a)(1), or refuses for more than one year to submit to a required medical examination, or if the board of trustees concurs in a certification issued under Subsection (a), the board shall discontinue the retiree’s annuity payments and the retiree must again become a member of the retirement system.
Terms Used In Texas Government Code 824.307
- Annuity: A periodic (usually annual) payment of a fixed sum of money for either the life of the recipient or for a fixed number of years. A series of payments under a contract from an insurance company, a trust company, or an individual. Annuity payments are made at regular intervals over a period of more than one full year.
- Person: includes corporation, organization, government or governmental subdivision or agency, business trust, estate, trust, partnership, association, and any other legal entity. See Texas Government Code 311.005
- Year: means 12 consecutive months. See Texas Government Code 311.005
(c) When a person becomes a member under this section, an amount equal to the sum in the person’s individual account in the member savings account at the time of retirement, minus the amount of annuity payments made since retirement, shall be transferred from the retired reserve account to the person’s individual account in the member savings account. The member is entitled to service credit for all service credit used to compute the member’s disability retirement annuity at the time of retirement.