If you no longer work for a city that participates in TMRS, you may choose to withdraw your member deposits. Your refund will equal your total member deposits plus earned interest, but not the money that has been contributed by your city. The only way to receive the city matching funds is to retire.
Your status as a vested (see 1) or non-vested employee determines your refund options and may affect your decision to request a refund.If you are not sure of your vested status, please contact TMRS or your City Correspondent.
Note: You will not receive a refund if you begin work with another TMRS city. The funds and service from your original city will be combined with those of the new city for your total retirement benefit.
If you are vested, you may leave your member deposits with TMRS until you are eligible and choose to retire. Your deposits continue to earn interest and your benefit at retirement will include the city matching funds. If you choose to request a refund, no city matching funds will be included.
If you are not vested, terminate employment, and you do not go to work for another TMRS city, you may leave your member deposits in the System where they will earn interest for up to 60 months. After the 60-month period, your membership terminates. At any time before the end of the 60-month period, you can apply for a refund of your deposits and interest, but no city matching funds are included when you refund, and your membership will terminate.
Exception: If you are a member of another Texas public retirement system (see 2) you may be eligible for retirement under the Proportionate Retirement Program. You may combine your time in two or more systems to determine retirement eligibility.
To refund your account, fill out the Refund Application Form.
Note: If you have worked for more than one TMRS city, only the last employing city needs to certify the application.
Refund checks are issued weekly; however, it can take up to 6 to 8 weeks to receive a refund because TMRS must wait until we receive and post the city payroll (the final deposit) before processing the refund. Cities submit monthly payroll reports to TMRS before the 16th day of the month after the month of the employee's final retirement deduction.
Statewide Retirement SystemsTMRS