| (a) Notwithstanding any other rule, a designated beneficiary
of a System member or retiree may, under Sections 814.404 and 814.504,
Texas Government Code, assign a death benefit otherwise payable to
the beneficiary only to the extent permitted by those statutes.
(b) An assignment under this section must be made in
accordance with and on a form promulgated by the System, and the System
has sole discretion to determine if the assignment is valid and complies
with applicable law.
(c) In the event that a System member or retiree has
designated multiple beneficiaries, any assignment under this section
applies only to the share of the benefit to which an individual beneficiary
making the assignment is determined by the System to be eligible.
The System may rely on the approved beneficiary designation form on
file with the System in making such a determination.
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