Untitled Texas Attorney General Opinion

Mrs. B. B. Sapp Director.and Executive Secretary Teacher Retirement System of Texas Austin, Texas Dear Mrs. Sappr Opinion Nmber O-5126 Re: Payment of contributions of de- oeassd member where benefioiary des- ignated inwill is different from benefiaiary designated on regularform. lYe have received your letter of Harch 12, 1943, which we quote in part as follcws, "The Teacher Retirmnent System of Texas respectfully requests an opinion from ycur Department on the following matter: "If a member who has on regular form filed in this offiae designated a benefi- ciary to receive her aocmnulated contributions in case of death and in a sub- sequent will specifies another individual to receive the said ccntributions from the Teacher Retirement System, what would be the aorreot legal procedure for the Teacher Retirement System to fcllcw in disposing of the aocmulated contributions of said member?” Subsection 5, Section 5 of the Teacher Retirement Act (ktiole 2922-1, Vernon's Annotated Civil Statute8) reads in part as follows: "Should a member cease to bs a teacher except by death or retirement under the provisions of this Act, he shall be paid in full the amount of the PC- cumulated contributions standing to the credit of his individual acaount in the Teacher Saving Fund. Should a memver die before retirement, the amount of h$.saccumulated contributions standingto ths credit of b.isindividual ac- count shall be paid as provided by the laws of desoent and distribution of Texas unless he has direoted the account to be paid otherwise. . . ." You have supplied us with additional information as fcllcws: The original beneficiary named predeceased the member, end the member drew her will three days before she (the member) died. The will has been probated, and a aertified copy thereof has been furnished you. The original designation piasmade on a form adopted by the Retirement System which contains the following provisioner - . Mrs. B. B. Sapp, Page 2 (O-5126) "I hereby designate (First given name) (Second given name) (Last name) (Aeel (Relationship) (Address) as my beneficiary to receive my accumulated contributions in the Teacher Sav- ing Fund of the Teacher Retirement System in the event of my death before re- tirement. Should I, at scms future time, decide to have my accumulated contri- butions paid to scme one other than the party or person named above, I will make such change in writing upon a form prescribed by the System and file the same with the System, and it is my understanding that unless such change of beneficiary is filed at the office of the Teacher Retirement System at Austin, Texas, during my lifetime, it shall be void and of no effect. Should the beneficiary named above die before me, and I fail to name another, it is understood that my accumulated contri?uticns shall bs paid as provided by the laws of descent and distribution of Texas. (BAVE TV?GWITNESSES) (Signature of Rltness) (Member's Signature) Signed the day cf (Signature of Wtness) You wish to know (1) whether the contributions should be paid according to the laws of descent and distribution or to the person named in the will; 2nd (2) whether under the,quoted statute and the form adopted by the Retirement System the ccntributions of a deceassd member should be paid to a beneficiary in a will in the evant that both such persons are still living. Ppe havs answered the first cluesticnin Opinion Rc. o-2907. In that Opinion two members of the Retirsment System, who were sisters, designated each other as beneficiary. One sister died, but before her ocntributicns aculd be paid to her sister, the second sister died. The seccnd sister in her mill had provided that all of her "earthly goods" should go to another person. In Opinion Eb. O-2907 it was held that the will constituted a suf- ficient designation under the statute and that the contributions of both sisters should be paid to the person designated in the will of the second sister. In the situation under ccsideration the designation in the will was even more specific in that it was expressly stated that the contributions should be paid to the person named. In accordance with opinion NC. O-2907 you are advised in answer to your first question that the contributions of the deceased member should be paid to the person named in the will. - . - Mrs. 2. B. Sapp, Page 3 (O-5126) The second point in whioh you are interested presents mars serious questions. In Opinion NC. O-2048 your department was advised that the gen- eral clause, "all property of whatsoever kind, real, personal or mixed of which I may dies possessed" is bequeathed to a named person, did not change the banefioiary named in the form on file in the cffioe of the Retirement system. But we said in that opinion: "The question hare would bs muohmcre difficult if the will/%!d% on executed subsequent to the original designa- tion in the Teacher Retirement System had provided specifically that the accumulated contributions should be paid to someans other than the person designated in the form filed with the Teacher Retirement System." Fe have been unable to find any decisions which have passed upon this question, and a resort to analogous oases relating tc the payment cf insur- anoe prcoeeds produces confusion rather than enlightenment. In the case of Grand Lodge, Knights and Daughters of Tabor, v. MannI 282 S.W. 266, plaintiff had been named as beneficiary in a policy or oertif- icate of insurance, but at a later date the insuisd in a will had named other persons as beneficiaries. These other persons presented a certified copy of the will to defendant, snd it treated the instrument as a change of benefici- aries, and paid the amount of the oertifioate to such persons. The by-laws of the order provided that no change in the designation of beneficiaries should be effective until the old certificate had been received and a new and issued during the lifetime of the member, and until such time the crig- inal designation should remain in full force. Payment of a fee for such change wus also covered. The court in holding that a change of benoficiar- ies had been effected made the following statamentr "Our Supreme Court, in the case of Splawn v. Chow, 60 Tsx. 532, which holding has been a number of times reaffirmed since that deoisicn, has directly hold that such a provision in the by-laws of an insurance company, or other ocrpcr- aticn, as the one hre involved, is for the benefit and protection of the oom- pany alone, can be waived by it as it sees fit, and cannot be taken advantage of by others. In that case, as here, the change in beneficiaries was effected by the will of the insured, sndit was held that those designated took the benefits under the certificates rather than those designated as bsneficiarias in the certificate itself. "The trial court's judment ssems to rest upon the conclusion that the change in beneficiaries had not in fact been made during the lifetime of the member, tut this ~ecise question, too, had been decided the other way by the Kansas Court of Appeals in Heydcrf v. Ccnrack, reported in 52 P. page 700, 7 Kan. App. 202, under facts not in legal effect different frcm those here obtaining; that is, a member of the order having, during his lifetime, made a request for a change in beneficiaries in substantial aoocrd with the contract between him- self and the order in that respect, the designation so made of a nsw beneficiary was held not void by reason of the member's death prior to the granting of the same by the insurer. To the same effect appears to be the holding in Luhrs V~ Luhrs, 25 N. E. 366, 123 R. Y. 367, 9 L.R.A. 634, 20 Am. St. Rep. 754." es. B. B. Sapp, Page 4 (O-5126) See also Richardson v. Faithful, 289 S.W. 10543 MaNeill v. Chinn, 101 S.W. 46.5~ BLlls v. Bills at al., 207 S.W. 614. Hcwsver, a rscent'decisicn of the Conrmissicnof Appeals and adopted by the Supreme Court might pcssibley be considered as in ocnfliot rdth the Vann case. In the case of Garabrant v. Burns, et al., 111 S.W. (2d) 1100, it was held that the beneficiary named in the policy has a right to require that a change of beneficiaries be made substantially in aocordanw with the rsgula- ticns or manner provided in the pclioy, that the change may be made in nc other way, and that a substantial compliance therewith was necessary tc sffoot the change. While a distinction is attempted to bo drawn between the prinoi- pal oaso and the Vann case, such distinction is not very clear in respect to the question under ocnsideraticn. See also: Wright v. Wright (W. E. Ref.), 44 S.W. (2d) 1019; Groat Southern Life Ins. Cc. v. &kill (Dism. Judgm. Car.), 151 S. Kelly v. McDonald, (W.E. Dims.), 83 S.W. (2d) 414; Adams V* ILzZd!W2’Dism ) 78 S.W. (2d) 6641 Beck v. Beck, 90,S.W. (2d) 284; Brown v. Union Life Ins. Ci.' et al., 72 S.W. (2d) 661; Korens Nat. Bank et al., v. Stockton, et alo, 40 S.W. (2d) 7. Wore wo called on to decide whether the Vann oass or the Burns case con- trolled the question under consideration, ww believs that ws would be inclined tcdeoide that the Vann case is applicable. In the first place, the State Board of Trustees derives its duties and powers from the Retirement Act. The only provision relating to the designation of beneficiaries to whom the aooun- ulated contributions of a msmber shall be paid upon the death of such member is: ". . . unless ho has directed the account to be paid cthsrwiss." Can the Board of Trustees impose duties mars onerous than the ones which the statute itself impcsesl The Retirement Act is for ths benefit of the teachers, as defined therein, and should be construed SC as to effect this purpose. The Retirement Board of Trustees is under no duty to beneficiaries except to see that the designation of the member, if made in accordance with the terms of the Retirement A at, is carried cut. Of ocurss, the Board of Trustees may make reasonable requirements SC as to satisfy itself that the designation is genuine. Such would be necessarily implied. See Fort Worth Cavalry Club, Inc. v. Sheppard, 83 S W. (2d) 660. We also thing that the Board may take any reasonable moans tc protect the System and its funds, and in cur opinion this is the object of ths beneficiary form adopted by the Board. In other words, the Board does not want to pay aoomnulated contributions to one per- son designated as beneficiary and later find cut that there was a later dss- ignaticn naming scmocne else. But it may bs a different thing when the Board is satisfiedthat a subsequent designation has been made, and is a genuine one, before the money is paid cut. The Retirement Aot set up forteachers in the City of Bsw York, ocn- sidered bythe ocurt in the oass of Ward v. Teachsrs',Retiroment Board, 241 N.Y. S. 535, rsv. 246 H.Y. S. 522, aff. 175 NT.E. 347, required that a desig- nation of beneficiaries be acknowledged. In accordance with the terms of 1 . - Mrs. B. B. Sapp, Page 5 (O-5126) the Act, the mm-t held that a designation not acknowledged was ineffect- ive. Buttha aourt strongly intimPtsd that unless the Act itself required an acknowledgment, the designation would have been given effect. We are not definitely answering your second question for the reason that the matters inquired about are not before you at this time. We simply wanted to show you that the question is certainly not free from doubt. We suggest that a possible mepllsof eliminating the ohanoe of such a situation confronting you is the addition of a provision to your adopted form to the effeot that these provisions relating to change of banefioiary are for the sole protection and benefit of the Tsaoher Retirement System and the Board of Trustees, and upon proof of a subsequent designation may be waived bythe Board of Trustees in its discretion, and only by the Poard of Trustees. Very truly yours ATTOEREYG~ERAL OFTEXAS By /s/George W. Sparks George W. Sparks APPROVED MAR 24, 1943 Assistant /s/ GRWER SELLERS iflET ASSISTANT ATTORNEY GElTERAL Gws-srsgw O.K. C.C.R. APPROVED opinion cxmlittee By B.W.B. Chairman