SECTION 25.185. Amounts Not Refundable

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(a) The 9.0% per annum fee required by the Government Code, §825.410(g), is not refundable to either a member or beneficiary for any reason.
(b) Installment payments that have already established service credit are not refundable to a member or beneficiary unless a refund of total accumulated contributions is made to a member or beneficiary.
(c) The following amounts are not refundable to a member or beneficiary unless a refund of total accumulated contributions is made to a member or beneficiary:
(1) amounts paid for unreported service deposits, less fees; or
(2) amounts paid for ineligible withdrawn service deposits, less fees.

Source Note: The provisions of this §25.185 adopted to be effective September 1, 1992, 17 TexReg 5120; amended to be effective June 15, 1999, 24 TexReg 4460

                    
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