Government Code § 814.011
The retirement system may pay a lump sum to a retiree or beneficiary instead of annuity payments if the annuity’s actuarial present value is $20,000 or less.
- Jurisdiction
- United States — Texas
- Instrument
- Code
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- Undated source snapshot
- Language
- en
- Official source
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annuity payments lump-sum payments
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Government Code § 814.011
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