122.15 Benefits exempt from taxes and execution.
103 words·~1 min read·
/fl/title-x/chapter-122/122-15A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(1)The pensions, annuities, or any other benefits accrued or accruing to any person under the provisions of this chapter and the accumulated contributions and the cash securities in the funds created under this chapter are hereby exempted from any state, county or municipal tax of the state and shall not be subject to execution or attachment or to any legal process whatsoever and shall be unassignable.
(2)This subsection shall have no effect upon this section except that the department may, upon written request from the retired member, deduct premiums for group hospitalization insurance from the retirement benefit paid such retired member.