No portion of any funds of the retirement system, either before or after any order is made by the Board of Trustees for payment to any person entitled to retirement pay, shall be held, seized, taken, subject to, or detained or levied on by virtue of any garnishment, attachment, execution, injunction, or other order or decree or any process or proceeding whatever issued out of or by any court of this state for the payment or satisfaction, in whole or in part, of any debt, damage, claim, demand, or judgment against any person entitled to payment from such funds, nor shall such payments or any claim thereto be assigned, directly or indirectly. Any attempt to assign or transfer such payments shall be void. The fund shall be held sacredly in trust.
(Prior Code, § 30.091)