Sec. 825.508. POWERS OF ATTORNEY. (a) A person entitled to payment of an annuity or other benefits administered by the retirement system may direct the retirement system to treat as the authorized representative of the person concerning the disposition of the benefits an attorney-in-fact under a power of attorney that complies with Subsection (b).
(b) The system must honor a power of attorney executed in accordance with Subchapters A and B, Chapter 752, Estates Code.
(c) If the power of attorney is revoked, the retirement system is not liable for payments made to or actions taken at the request of the attorney-in-fact before the date the system receives written notice that the power of attorney has been revoked.
Added by Acts 1991, 72nd Leg., 1st C.S., ch. 13, Sec. 29, eff. Nov. 12, 1991. Renumbered from Sec. 825.507 by Acts 1993, 73rd Leg., ch. 107, Sec. 10.01(8), eff. Aug. 30, 1993, and Acts 1993, 73rd Leg., ch. 812, Sec. 30, eff. Sept. 1, 1993. Amended by Acts 1995, 74th Leg., ch. 555, Sec. 53, eff. Sept. 1, 1995.
Amended by:
Acts 2017, 85th Leg., R.S., Ch. 324 (S.B. 1488), Sec. 22.041, eff. September 1, 2017.
Structure Texas Statutes
Title 8 - Public Retirement Systems
Subtitle C - Teacher Retirement System of Texas
Subchapter F. Miscellaneous Administrative Procedures
Section 825.501. Statement of Amount in Individual Accounts
Section 825.502. Payment of Contributions to a Member Absent From Service
Section 825.503. Reproduction and Preservation of Records
Section 825.504. Employer Certification to Board
Section 825.506. Plan Qualification
Section 825.507. Record Confidentiality
Section 825.508. Powers of Attorney
Section 825.509. Direct Rollovers
Section 825.511. Complaint Files
Section 825.513. Information for Publication
Section 825.514. Historically Underutilized Business
Section 825.515. Information About Member Positions
Section 825.516. Nonprofit Association Dues
Section 825.517. Excess Benefit Arrangement
Section 825.519. Electronic Information