Chapter 81 Work and Family Policies 81.001 – 81.008
Chapter 82 Discharge of Liability Under Certain Employee Benefit Plans 82.001 – 82.005

Terms Used In Texas Labor Code > Title 2 > Subtitle D

  • Annuity: A periodic (usually annual) payment of a fixed sum of money for either the life of the recipient or for a fixed number of years. A series of payments under a contract from an insurance company, a trust company, or an individual. Annuity payments are made at regular intervals over a period of more than one full year.
  • Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
  • Foreclosure: A legal process in which property that is collateral or security for a loan may be sold to help repay the loan when the loan is in default. Source: OCC
  • Legatee: A beneficiary of a decedent
  • Probate: Proving a will