Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 834.301 - Selection of Death Benefit Plan By Member(a) A member who has at least 10 years of service credit in the retirement system may select a death benefit plan for the payment, if the member dies before retirement, of a death benefit annuity to one or more persons designated by the member. Death benefit annuities available for selection by a member described in this subsection are the optional annuities provided by Sections 814.108(c)(1) and (c)(4).(b) Section 814.301(b) applies to a death benefit plan selected by a member in applicable circumstances.(c) The computation of a death benefit annuity must include the ages of the member and of the member's designated beneficiary at the time of the member's death.(d) A member may select a death benefit plan by filing an application for a plan with the board of trustees on a form prescribed by the board. After selection, a death benefit plan may take effect at death unless the member amends the plan, selects a retirement annuity at the time of the member's retirement, or becomes ineligible to select a plan.(e) A death benefit annuity is payable beginning on the day after the date the member dies.Tex. Gov't. Code § 834.301
Amended by Acts 1991, 72nd Leg., ch. 850, Sec. 31, eff. 9/1/1991. Acts 1981, 67th Leg., p. 1876, ch. 453, Sec. 1, eff. 9/1/1981. Renumbered from Vernon's Ann.Civ.St. Title 110B, Sec. 44.301 and amended by Acts 1989, 71st Leg., ch. 179, Sec. 1, eff. 9/1/1989.