Sec. 824.006. PAYMENT OF ANNUITY ON DEATH OF MEMBER OR RETIREE. (a) A monthly annuity payable to a retiree or beneficiary is payable to that person through the month in which the person dies. A continuation of an optional annuity or the payment of a death or survivor benefit annuity begins with payment for the month following the month in which the death occurs.
(b) The effective date of death of a member who dies before retirement is, for the purpose of a death or survivor benefit annuity, the last day of the month preceding the month in which the member dies. The first payment of the annuity becomes due at the end of the month in which the member's death occurs.
Added by Acts 1995, 74th Leg., ch. 555, Sec. 14, eff. Sept. 1, 1995.
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