Untitled Texas Attorney General Opinion

OFFICE OF THE ATTORNEY GENERAL OF TEXAS AUSTIN Honorable John S. Rudd, Jr. Assistant Diraotor and Aotuarp Teaoher Rotlrement Sfstem of Texas Austin, Texas (. Dear Sir1 .,. ,.,, : _' .-.:!Wa hare in rhlobfou ask the lOWin& thr88 qU8atfOIlst . . i .ox‘awardomade? 22 of Saotion 1 of the Teaoher Retirement _ Aot Vernon's Annotated Civil Statutes) pro- V1td8S as lollowst “(22) *Retirement* shall maan withdrawal from serVio8 with a retirement 0llOWanOe granted under the.provision6 ot this Aot." : . Ronorable John S. Rudd, Jr., Page 2 Subseotion 1 of Se,otlon5 reads as follower "1. Service Retirement Benefits. "Any member may retire upon written appli- oation to tha state Board or !!!rUEt8eS. btiX8- ment shall be OrrOotive ae or th8 end or the sohool year then Ourrent, provided that th8 said member at the time 80 spt30iriOd r0r his retlr8- ment shmll have attained the age or sixty (60) years and shall have oompleted twenty (20) or more years Of oreditable ~8rVi.00,and further that X0 retirement ehall be:8fP+eOt V8 prior to Auaust 31. 1941. Any member in ~aerv- ice who has attained the age of seventy (70) years shall be retired forthwith, provided that with the approval of his employer he may remain iIISBlTfO8." (Rmpheais fupplfed) Thus, It la seen that the statute speoirioally pro- vides that n0 retirement beOous8 Or s8l'ViOe."shallb8 8iieOt- ive prior to August 31, 1941.“ .Subseotion 7 Of S8OtiOll 6 provid8s in part as fOllOws;.. "7. Optional Allowancea fOr'~S%rViO8 Retirement. *With tha provision that no optional seleo- tion shall be erreotive in 0880 a benerloiary dies wlthdn thirty (30) days after retirement, and that suoh a benerioiary ehall be considered as en aot- ive mamber at the time or death, until the rlrst payment on acoouut Of .any 88~~108 benefit beoomas normally due, any member may elect to r8oeiVe his membership annuity In an annuity payable through- out life, or he.may eleot to receive the aotuttrfal- equivalent at that time, of his membership annuity in a reducedmembership annuity payable throughout life with the provision that) "Option (l).~ * * *" Itls provided If a beneriolary dies within 30 days after retirement that no optional aeleotion shall be efreotive and that suoh benefiaiary shall be considered as an aotive mam- her at the time of death. Honorable John S. Rudd, J-r.,Pa'ge3 Subseotion~ of S8otion 5 reads In,part aa followar "6. Return'& kooumalated Contributions. "Should a member cease to be a teticherex- aept by death or retirement under the provisions or this Aot, he shall be paid in full the amount of the aooumulated contributions standing to th8 oredit of.his individual aouount lo the Teaohar Saving Fund. Should 8 member die befOX ratlre- _' ' ment, the ,amount of his aooumtiated oontrlbutiona atandlng to tha oredlt or his individual aooount shall b8 paid as provided by tha’lewe of.,desoent end distribution or Texas unless h8 has dir8Oted the aooount to be paid otharwise.~ * *'** If a-member dies within 30 days after rWiirem8nt;' then Subseotlons 6 and 7 plaoe him in the position oooupled by a mamber who died before retirement. Thererow. "the amount Or his aoOrmtulat8doontrlbutlons Standing to the Credit of his individual aooount shall ba paid as.provlded by the laws or deSO8nt and ddstrlbutlon of TeIse unless h8 has dl- reoted the acoount'tq be paid otherw~s8.W It roiiowfi that your first question is answered in the arriX3~tiV8~ We now turn to your second question, i7harea.mem- ber has made en optional selebtion under Seotlon b(7); is the aotual reoelpt of'hls.flrst monthly payment a prerequl- Sit8 t0 the 8ff8CtiV8lleSSOf the option? be think not, The statute does not require It, end there would be no authority or justirioationto read it Into the statute. The retired member did not die mithin 30 days after retirement; end be- fOX8 the first payment beoame due, the member seleoted his option. It follows that a valid option was 8ffeOtad. Your aeaond questton is; therefore, answered in theafflrmetive. The person whom the member nominated or designated under the optio~nala8l8otlon provisions would not be entitled or have th8 right to a monthly payment or the membership an- nuity until after th8~retired member had died. The first payment b8Oam8 due while the retired~membberwas living. You Eonoreble John Se Rudd, Jr., Pefie 4 are r8epe~.tf&l.yadvls8~,~therefore, that the September 30th payment should be paId to the edminiatrator of the deoeaSsd menbert estat8. very truly yours