Tex. Gov't Code Section 824.206
Change of Service Retirement Annuity Payment Plan

(a)

A retiree may change the retiree’s choice of service retirement annuity payment plans after the retiree’s effective date of retirement by filing written notice with the board of trustees before the later of the date on which the retirement system makes the first annuity payment or the date the first payment becomes due. After the first payment has been made by the retirement system or has become due, a retiree may not change the annuity payment plan selected.

(b)

For purposes of this section, the term “makes payment” includes the depositing in the mail of a payment warrant or the crediting of an account with payment through electronic funds transfer.

(c)

The retirement system may adopt rules to administer this section.
Added by Acts 1993, 73rd Leg., ch. 812, Sec. 7, eff. Sept. 1, 1993.

Source: Section 824.206 — Change of Service Retirement Annuity Payment Plan, https://statutes.­capitol.­texas.­gov/Docs/GV/htm/GV.­824.­htm#824.­206 (accessed Jun. 5, 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
Green check means up to date. Up to date

Accessed:
Jun. 5, 2024

§ 824.206’s source at texas​.gov