Tex. Gov't Code Section 824.102
Trust as Beneficiary


(a)

Except as provided by Subsection (b), a member or annuitant may designate a trust as beneficiary for the payment of benefits from the retirement system. If a trust is designated beneficiary, the beneficiary of the trust is considered the designated beneficiary for the purposes of determining eligibility for and the amount and duration of benefits. The trustee is entitled to exercise any rights to elect benefit options and name subsequent beneficiaries.

(b)

A trust having more than one beneficiary may not receive benefits to which multiple designated beneficiaries are not entitled under this chapter.
Acts 1981, 67th Leg., p. 1876, ch. 453, Sec. 1, eff. Sept. 1, 1981. Renumbered from Vernon’s Ann.Civ.St. Title 110B, Sec. 34.102 and amended by Acts 1989, 71st Leg., ch. 179, Sec. 1, eff. Sept. 1, 1989.

Source: Section 824.102 — Trust as Beneficiary, https://statutes.­capitol.­texas.­gov/Docs/GV/htm/GV.­824.­htm#824.­102 (accessed May 11, 2024).

824.001
Types of Benefits
824.002
Effective Date of Retirement
824.003
When Benefits Are Payable
824.004
Waiver of Benefits
824.005
Revocation of Retirement
824.006
Payment of Annuity on Death of Member or Retiree
824.007
Deductions from Service or Disability Retirement Annuity
824.008
Deductions from Amounts Payable by the Retirement System
824.009
Certain Employees and Annuitants Ineligible for Retirement Annuity
824.0071
Deductions from Service or Disability Retirement Annuity for Certain University Insurance Program Contributions
824.101
Designation of Beneficiary
824.102
Trust as Beneficiary
824.103
Absence of Beneficiary
824.104
Failure of Beneficiary to Claim Benefits
824.105
Beneficiary Causing Death of Member or Annuitant
824.106
Simultaneous Death of Member and Beneficiary
824.201
Application for Service Retirement Benefits
824.202
Eligibility for Service Retirement
824.203
Standard Service Retirement Benefits
824.204
Optional Service Retirement Benefits
824.205
Deductions from Service Retirement Annuity
824.206
Change of Service Retirement Annuity Payment Plan
824.301
Application for Disability Retirement Benefits
824.302
Eligibility for Disability Retirement
824.303
Certification of Disability
824.304
Disability Retirement Benefits
824.305
Medical Examination of Disability Retiree
824.307
Restoration of Disability Retiree to Membership
824.308
Optional Disability Retirement Benefits
824.309
Change of Disability Retirement Payment Plan
824.310
Purpose of Disability Benefit
824.401
Availability of Annuity
824.402
Benefits on Death of Active Member
824.403
Benefits on Death of Inactive Member
824.404
Survivor Benefits
824.405
Tables for Determination of Death Benefit Annuity
824.406
Benefits for Survivors of Certain Members
824.407
Guaranteed Return of Amount Equal to Contributions
824.501
Survivor Benefits
824.502
Benefits on Death of Disability Retiree
824.503
Return of Excess Contributions
824.504
Benefits for Survivors of Certain Retirees
824.505
Other Amounts Payable on Death of Retiree
824.601
Loss of Monthly Benefits
824.602
Exceptions
824.603
Exclusion from Credit
824.604
Rules
824.701
Application of Annuity Increases to Certain Annuities
824.702
Cost-of-living Adjustment
824.801
Definition
824.802
Participation in Plan
824.803
Computation of Participant’s Service and Annuity
824.804
Benefits Under Plan
824.805
Termination of Participation in Plan
824.806
Benefits for Service After Plan Participation
824.807
Interest
824.1011
Designation of Beneficiary After Retirement
824.1012
Post-retirement Change in Retirement Payment Plan for Certain Retirement Benefit Options
824.1013
Change of Beneficiary After Retirement
824.2031
Benefit Improvements
824.2045
Partial Lump-sum Option
824.4041
Benefits for Certain Surviving Spouses
824.6022
Required Reports
824.8011
Deadline to Elect to Participate

Accessed:
May 11, 2024

§ 824.102’s source at texas​.gov