Part 5. TEXAS COUNTY AND DISTRICT RETIREMENT SYSTEM
Chapter 103. CALCULATIONS OR TYPES OF BENEFITS
The Texas County and District Retirement System adopted an amendment to §103.3, concerning the beneficiary designations and payment elections requiring spousal consent. This amended rule is adopted without changes to the proposed text as published in the January 26, 2007, issue of the Texas Register (32 TexReg 284). The adopted amendment deletes the requirement that a member not eligible for retirement certify to the member’s current marital status on any document filed with the system on which the member makes a beneficiary designation or benefit payment election and deletes the requirement that a member not eligible for retirement obtain the consent of the member’s spouse on any document with the system on which the member designates a person other than the member’s spouse as sole primary beneficiary. The spousal consent requirements are unchanged with respect to withdrawal or retirement applications filed by a member who is eligible for retirement.
No comments were received regarding the adoption of this amendment.
The rule is adopted under the Government Code, §844.010, which authorizes the board of trustees of the Texas County and District Retirement System to adopt rules with respect to spousal consent requirements and §845.102, which provides the board of trustees with the authority to adopt rules necessary or desirable for efficient administration of the system.
This agency hereby certifies that the adoption has been reviewed by legal counsel and found to be a valid exercise of the agency's legal authority.
Filed with the Office of the Secretary of State on March 7, 2007.
TRD-200700910
Tom Harrison
Deputy Director and General Counsel
Texas County and District Retirement System
Effective date: March 27, 2007
Proposal publication date: January 26, 2007
For further information, please call: (512) 328-8889