34 Tex. Admin. Code § 29.21

Current through Reg. 49, No. 50; December 13, 2024

Section 29.21 - Beneficiary Tables

Tables for Unisex Joint Beneficiary Life furnished by the TRS actuary of record (actuary) will be used in calculating a life expectancy under § 824.1013 of the Government Code. A fraction of a year shall be converted to whole months with any partial month being rounded upward to a full month. Life expectancy shall be determined as of the date of the retirement in question and the age of the original beneficiary at that time. The Teacher Retirement System of Texas adopts the actuary's Tables for Unisex Joint Beneficiary Life.

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The provisions of this §29.21 adopted to be effective April 14, 1998, 23 TexReg 3697; amended to be effective March 12, 2003, 28 TexReg 2103; amended to be effective April 1, 2011, 36 TexReg 1993; Amended by Texas Register, Volume 44, Number 32, August 9, 2019, TexReg 4188, eff. 9/1/2019; Amended by Texas Register, Volume 48, Number 33, August 18, 2023, TexReg 4520, eff. 9/1/2023