§ 814.301 Selection of Death Benefit Plan by Member
§ 814.302 Selection of Death Benefit Plan by Survivor of Member
§ 814.304 Annuity for Survivor of Elected Member
§ 814.305 Annuity for Survivor of Law Enforcement or Custodial Officer
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Terms Used In Texas Government Code Chapter 814 > Subchapter D - Death Benefit Annuities

  • 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.
  • Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
  • Decedent: A deceased person.
  • Guardian: A person legally empowered and charged with the duty of taking care of and managing the property of another person who because of age, intellect, or health, is incapable of managing his (her) own affairs.
  • Month: means a calendar month. See Texas Government Code 312.011
  • 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