Government Code § 824.102 — United States — Texas law | Esheria

Government Code § 824.102

A member or annuitant may name a trust as beneficiary for retirement benefits, but a trust with more than one beneficiary cannot receive benefits that multiple designated beneficiaries would not be entitled to. If a trust is the beneficiary, the trustee may exercise beneficiary-option elections and name later beneficia

Jurisdiction
United States — Texas
Instrument
Code
Version
Undated source snapshot
Language
en
Official source
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beneficiary rights benefits designation

Statute overview

About this statute

A member or annuitant may name a trust as beneficiary for retirement benefits, but a trust with more than one beneficiary cannot receive benefits that multiple designated beneficiaries would not be entitled to. If a trust is the beneficiary, the trustee may exercise beneficiary-option elections and name later beneficiaries.

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