Tex. Gov't Code § 824.1011 · Subchapter B. BENEFICIARIES
DESIGNATION OF BENEFICIARY AFTER RETIREMENT.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) A retiree who is receiving a standard service or disability retirement annuity under Section 824.203 or 824.304(b) and who marries after the date of the person's retirement may replace the annuity by selecting an optional retirement annuity under Section 824.204(c)(1), (c)(2), or (c)(5) or under Section 824.308(c)(1), (c)(2), or (c)(5), as applicable, and designating the person's spouse as beneficiary before the second anniversary of the marriage in the same manner as an annuity selection and designation of beneficiary may be made before retirement.
(b) The selection of an optional annuity and designation of a beneficiary under this section do not take effect until the first payment of the annuity that becomes due two years after the date the selection and designation are filed with the retirement system.
(c) The retirement system shall recompute the annuity of a retiree who selects an optional annuity and designates a beneficiary under this section to reflect that change and shall adjust the annuity as appropriate for early retirement and postretirement increases provided after the date of the retiree's retirement. The retirement system shall by rule provide for the adjustment of the monthly payments of the annuity under the option selected to an amount which is the actuarial equivalent of the annuity being paid immediately before the change in benefit option and beneficiary selection.
(d) If a retiree who selects an optional annuity and designates a beneficiary under this section dies before the change takes effect or if the designated beneficiary dies before the change takes effect, the selection of an optional annuity and designation of beneficiary have no effect.
Notes and commentary — not statutory text
History
Added by Acts 1995, 74th Leg., ch. 555, Sec. 16, eff. Sept. 1, 1995; Amended by Acts 1997, 75th Leg., ch. 1416, Sec. 13, eff. Sept. 1, 1997; Acts 1999, 76th Leg., ch. 1540, Sec. 7, eff. Sept. 1, 1999.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/GV/htm/GV.824.htm
- Text hash
- sha256 fdc110a07698ca2511cc2be568049baf6a3524d3ac5ca5bfd4bca7221274893a
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
This section cites
Provisions in this library that the text above cites, as it prints each citation. A range cited as “ss. 61.13-61.16” links its first and last provisions.
Government Code
- Tex. Gov't Code § 824.203STANDARD SERVICE RETIREMENT BENEFITS.Printed as Section 824.203 or 824.304(b)
- Tex. Gov't Code § 824.204OPTIONAL SERVICE RETIREMENT BENEFITS.Printed as Section 824.204(c)(1)
- Tex. Gov't Code § 824.304DISABILITY RETIREMENT BENEFITS.Printed as Section 824.203 or 824.304(b)
- Tex. Gov't Code § 824.308OPTIONAL DISABILITY RETIREMENT BENEFITS.Printed as Section 824.308(c)(1)
Cited by 1 provision
Provisions in this library whose text cites Tex. Gov't Code § 824.1011. Each shows the citation as that text prints it.
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.