Texas Labor Code > Title 2 > Subtitle D – Employee Benefits
Current as of: 2018 |
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Other versions
| Sections | ||
|---|---|---|
| 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