(a) Notwithstanding any other rule, a designated beneficiary of a System member or retiree may, under Sections 814.404 and 814.504, Texas Government Code, assign a death benefit otherwise payable to the beneficiary only to the extent permitted by those statutes.
(b) An assignment under this section must be made in accordance with and on a form promulgated by the System, and the System has sole discretion to determine if the assignment is valid and complies with applicable law.
(c) In the event that a System member or retiree has designated multiple beneficiaries, any assignment under this section applies only to the share of the benefit to which an individual beneficiary making the assignment is determined by the System to be eligible. The System may rely on the approved beneficiary designation form on file with the System in making such a determination.

Source Note: The provisions of this §73.47 adopted to be effective December 30, 2019, 44 TexReg 8331