Sec. 864.011. FIRST PAYMENT OF RETIREMENT OR DEATH BENEFIT ANNUITY. The cashing or depositing of the first payment of a service retirement annuity, disability retirement annuity, or death benefit annuity by a person entitled to it, or the receipt by a financial institution for credit to that person's account of a transfer of funds by the pension system through electronic means, is considered acceptance of the amount of the annuity and of the amount of qualified service of the person on whose service the annuity is based.
Added by Acts 2005, 79th Leg., Ch. 803 (S.B. 522), Sec. 1, eff. September 1, 2005.
Amended by:
Acts 2007, 80th Leg., R.S., Ch. 321 (H.B. 2400), Sec. 6, eff. September 1, 2007.
Acts 2019, 86th Leg., R.S., Ch. 1165 (H.B. 3247), Sec. 19, eff. September 1, 2019.
Structure Texas Statutes
Title 8 - Public Retirement Systems
Subtitle H - Texas Emergency Services Retirement System
Section 864.001. Eligibility for Service Retirement Annuity
Section 864.002. Service Retirement Annuity
Section 864.004. Temporary Disability Retirement Benefits
Section 864.005. Certification and Continuance of Disability
Section 864.0051. Continuing Disability Retirement Benefits
Section 864.006. Member Service Death Benefits
Section 864.007. Member Nonservice Death Benefit
Section 864.009. Retiree Death Benefit Annuity
Section 864.011. First Payment of Retirement or Death Benefit Annuity
Section 864.012. Certain Beneficiaries
Section 864.013. Cost-of-Living Increase
Section 864.0135. Optional Annuity Increase or Supplemental Payments
Section 864.014. State Board Authority for Lump-Sum Payments
Section 864.015. Beneficiary Causing Death of Member or Retiree