34 Tex. Admin. Code § 69.4 - Pre-Existing Qualified Domestic Relations Orders
(a) If an elected official is subject to a
qualified domestic relations order established prior to June 6, 2017, and the
retirement of the elected official has caused benefits to be payable to the
alternate payee prior to annuity termination, the system shall retain an
actuarially determined portion of the person's remaining service retirement
annuity contributions, including service purchase funds, with interest, in
order to continue to satisfy the obligation to the alternate payee.
(b) If a corrections officer is subject to a
qualified domestic relations order established prior to June 10, 2019, and the
retirement of the corrections officer has caused benefits to be payable to the
alternate payee prior to annuity termination, the system shall retain an
actuarially determined portion of the person's remaining service retirement
annuity contributions, including service purchase funds, with interest, in
order to continue to satisfy the obligation to the alternate payee.
(c) An alternate payee described by
subsection (a) or (b) of this section shall continue to receive the alternate
payee's portion of the annuity. Annuity payments shall stop at the death of the
elected official/corrections officer or the alternate payee, whichever is
earlier. Any remaining portion of the elected official's or corrections
officer's service retirement annuity contributions, including service purchase
funds, shall be refunded with interest.
(d) If an elected official or corrections
officer does not retire prior to annuity termination, the system shall satisfy
any obligation to an alternate payee under a qualified domestic relations order
by paying the alternate payee a portion of a refund of the elected official's
or corrections officer's service retirement annuity contributions, including
service purchase funds, with interest.
Notes
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