Texas Statutes
§ 824.407 — GUARANTEED RETURN OF AMOUNT EQUAL TO CONTRIBUTIONS.
Texas § 824.407
JurisdictionTexas
Code GVGovernment Code
This text of Texas § 824.407 (GUARANTEED RETURN OF AMOUNT EQUAL TO CONTRIBUTIONS.) is published on Counsel Stack Legal Research, covering Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Tex. Government Code Code Ann. § 824.407 (2026).
Text
Sec. 824.407. GUARANTEED RETURN OF AMOUNT EQUAL TO CONTRIBUTIONS. If a beneficiary selects a life annuity death benefit under Section 824.402 , the retirement system shall pay a lump-sum death benefit in an amount, if any, by which the amount of the deceased member's accumulated contributions at the time of death exceeds the amount of annuity payments made to the beneficiary before the beneficiary's death. This lump-sum benefit will be paid to the person designated by the beneficiary of the annuity or, if no person is designated, to the estate of the beneficiary.
SUBCHAPTER F. RETIREE DEATH BENEFITS
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Legislative History
Added by Acts 1987, 70th Leg., ch. 61, Sec. 6, eff. Aug. 31, 1987. Renumbered from Vernon's Ann.Civ.St. Title 110B, Sec. 34.407 and amended by Acts 1989, 71st Leg., ch. 179, Sec. 1, eff. Sept. 1, 1989.
Nearby Sections
15
§ 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.§ 824.101
DESIGNATION OF BENEFICIARY.§ 824.1013
CHANGE OF BENEFICIARY AFTER RETIREMENT.§ 824.102
TRUST AS BENEFICIARY.Cite This Page — Counsel Stack
Bluebook (online)
Texas § 824.407, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/GV/824.407.