(a) A member may apply for a service retirement annuity by filing an application for retirement with the board of trustees.
(b) An application for a service retirement annuity may not be made:
(1) after the date the member wishes to retire; or
(2) more than 90 days before the date the member wishes to retire.

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Terms Used In Texas Government Code 814.101

  • Annuity: A periodic (usually annual) payment of a fixed sum of money for either the life of the recipient or for a fixed number of years. A series of payments under a contract from an insurance company, a trust company, or an individual. Annuity payments are made at regular intervals over a period of more than one full year.