§ 2.72.120. Persons eligible for retirement.  


Latest version.
  • Effective on January 1, 1987, any employee of the city who has attained the age of fifty (50) years, and who (as an employee of municipalities meeting the requirements of Section 64.102(b) of Title 110B, Revised Civil Statutes of Texas, 1925, as amended) has completed twenty-five (25) or more years of creditable service for which he or she is entitled to credit in the state municipal retirement system, and who has been a member of the system for one year or more, shall be eligible for service retirement as provided in subchapter B of Chapter 64 of such Title 110B, Revised Civil Statutes of Texas, 1925, as amended. Any such employee who shall have completed twenty (20) years or more of creditable service as an employee of municipalities meeting the requirements of such Section 64.102(b) shall continue as a member of the state municipal retirement system despite subsequent absence from service for a period in excess of sixty (60) months, provided he or she does not withdraw his or her deposits during such absence, and shall be eligible for retirement upon and after attainment of the minimum age prescribed by the act above mentioned.

(Prior code § 2-145)