Texas Government Code 830.104 – Withdrawal of Contributions to the Retirement System
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(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.
Terms Used In Texas Government Code 830.104
- in writing: includes any representation of words, letters, or figures, whether by writing, printing, or other means. See Texas Government Code 312.011
- 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
(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.