Texas · Through 89th 2nd Called Legislative Session, 2025

Tex. Government Code § 814.011: LUMP-SUM PAYMENTS IN LIEU OF ANNUITIES.

Where this section sits in the code

GOVERNMENT CODE
TITLE 8. PUBLIC RETIREMENT SYSTEMS
SUBTITLE B. EMPLOYEES RETIREMENT SYSTEM OF TEXAS
CHAPTER 814. BENEFITS
SUBCHAPTER A. GENERAL PROVISIONS

The retirement system may elect to make a lump-sum payment to a retiree or beneficiary in lieu of annuity payments if the actuarial present value of the annuity at the time of retirement or death does not exceed $20,000. Payment of a lump sum under this section does not affect eligibility for any other program administered by the retirement system.

Added by Acts 2005, 79th Leg., Ch. 347 (S.B. 1176), Sec. 11, eff. September 1, 2005.

Collected 2026-08-27T01:47:16Z. Source file · JSON

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