Sec. 864.012. CERTAIN BENEFICIARIES. (a) If a member names more than one beneficiary for a lump-sum death benefit, the pension system shall divide the benefit equally among the named beneficiaries or, if the member has designated a proportional division, each beneficiary is entitled to the proportion designated.
(b) Except as provided by Subsection (a), lump-sum death benefits are subject to the laws of descent and distribution if the decedent has not provided for testamentary disposition.
Added by Acts 2005, 79th Leg., Ch. 803 (S.B. 522), Sec. 1, eff. September 1, 2005.
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