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TITLE 34 | PUBLIC FINANCE |
PART 4 | EMPLOYEES RETIREMENT SYSTEM OF TEXAS |
CHAPTER 73 | BENEFITS |
RULE §73.42 | Partial Lump Sum Option for Death Benefit Plan Beneficiaries |
A person eligible to receive a death benefit annuity, or to select a death benefit plan, as provided by Subchapter D, Chapter 814, Texas Government Code, may select a partial lump sum distribution in the same manner as if the deceased member had made the selection. The provisions of §814.1082, Texas Government Code, governing payment of a partial lump sum distribution to a member, apply to a beneficiary selecting a partial lump sum distribution. |
Source Note: The provisions of this §73.42 adopted to be effective January 9, 2000, 24 TexReg 12073 |