Texas Government Code 804.051 – Authority to Require Spousal Consent
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Terms Used In Texas Government Code 804.051
- 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.
- Person: includes corporation, organization, government or governmental subdivision or agency, business trust, estate, trust, partnership, association, and any other legal entity. See Texas Government Code 311.005
A public retirement system may adopt rules to require spousal consent for the selection of a service retirement annuity other than a joint and survivor annuity that pays benefits to the member’s spouse on the death of the member or for the selection of a death benefits plan that pays benefits in the form of an annuity to a person other than the member’s spouse on the death of the member.