Sec. 824.501. SURVIVOR BENEFITS. (a) The designated beneficiary of a service or disability retiree who dies while receiving a service or disability retirement benefit may elect to receive:
(1) a lump-sum payment of $2,500, plus an applicable monthly benefit under Section 824.404; or
(2) a lump-sum benefit of $10,000.
(b) An eligible person may receive benefits under this section, Section 824.204, and Section 824.308.
Acts 1981, 67th Leg., p. 1876, ch. 453, Sec. 1, eff. Sept. 1, 1981. Amended by Acts 1989, 71st Leg., ch. 835, Sec. 5, eff. Sept. 1, 1989. Renumbered from Vernon's Ann.Civ.St. Title 110B, Sec. 34.501 and amended by Acts 1989, 71st Leg., ch. 179, Sec. 1, eff. Sept. 1, 1989. Amended by Acts 1991, 72nd Leg., 1st C.S., ch. 13, Sec. 10, eff. Sept. 1, 1992.
Structure Texas Statutes
Title 8 - Public Retirement Systems
Subtitle C - Teacher Retirement System of Texas
Subchapter F. Retiree Death Benefits
Section 824.501. Survivor Benefits
Section 824.502. Benefits on Death of Disability Retiree
Section 824.503. Return of Excess Contributions