Sec. 824.003. WHEN BENEFITS ARE PAYABLE. Except as otherwise provided by this chapter, an annuity provided by this chapter is payable for the month in which the person who receives the annuity dies. Monthly annuity payments are generally due to be paid on the last working day of the month for which the payment accrues.
Acts 1981, 67th Leg., p. 1876, ch. 453, Sec. 1, eff. Sept. 1, 1981. Renumbered from Vernon's Ann.Civ.St. Title 110B, Sec. 34.003 by Acts 1989, 71st Leg., ch. 179, Sec. 1, eff. Sept. 1, 1989. Amended by Acts 1995, 74th Leg., ch. 555, Sec. 12, eff. Sept. 1, 1995.
Amended by:
Acts 2015, 84th Leg., R.S., Ch. 763 (H.B. 2168), Sec. 1, eff. September 1, 2015.
Structure Texas Statutes
Title 8 - Public Retirement Systems
Subtitle C - Teacher Retirement System of Texas
Subchapter A. General Provisions
Section 824.001. Types of Benefits
Section 824.002. Effective Date of Retirement
Section 824.003. When Benefits Are Payable
Section 824.004. Waiver of Benefits
Section 824.005. Revocation of Retirement
Section 824.006. Payment of Annuity on Death of Member or Retiree
Section 824.007. Deductions From Service or Disability Retirement Annuity
Section 824.008. Deductions From Amounts Payable by the Retirement System