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Current as of January 01, 2024 | Updated by Findlaw Staff
(a) Amounts payable by the retirement system to an annuitant that are not received by that annuitant or the annuitant's bank, as determined by the retirement system, before the annuitant's death may be paid to the person named to receive benefits in the event of the annuitant's death, in accordance with rules adopted by the board of trustees. The retirement system may send a final monthly payment of an annuity to a bank or another address previously indicated by the annuitant or beneficiary.
(b) The board of trustees may adopt rules necessary to administer this section.
Cite this article: FindLaw.com - Texas Government Code - GOV'T § 824.505. Other Amounts Payable on Death of Retiree - last updated January 01, 2024 | https://codes.findlaw.com/tx/government-code/gov-t-sect-824-505/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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