Texas Government Code 844.101 – Application for Service Retirement Annuity
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Terms Used In Texas Government Code 844.101
- 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.
To receive a retirement annuity for service, an eligible member must apply by filing a valid application with the retirement system.