Form TRS15 Designation of Beneficiary - Texas

What Is Form TRS15?

This is a legal form that was released by the Teacher Retirement System of Texas - a government authority operating within Texas. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is the TRS15 Designation of Beneficiary form?A: The TRS15 Designation of Beneficiary form is a form used by members of the Teacher Retirement System of Texas (TRS) to designate who will receive their retirement benefits if they pass away.

Q: Who can use the TRS15 Designation of Beneficiary form?A: Only active members of the Teacher Retirement System of Texas (TRS) can use the TRS15 Designation of Beneficiary form.

Q: What information is required on the TRS15 Designation of Beneficiary form?A: The TRS15 Designation of Beneficiary form requires the member's personal information, including their name, social security number, and contact information. It also requires information about the designated beneficiary, including their name, relationship to the member, and contact information.

Q: Can I change my designated beneficiary after submitting the TRS15 form?A: Yes, you can change your designated beneficiary at any time by submitting a new TRS15 Designation of Beneficiary form.

Q: Is there a deadline for submitting the TRS15 Designation of Beneficiary form?A: There is no specific deadline for submitting the TRS15 Designation of Beneficiary form, but it is recommended to submit the form as soon as possible to ensure that your desired beneficiary is properly designated.

Q: What happens if I don't submit a TRS15 Designation of Beneficiary form?A: If you do not submit a TRS15 Designation of Beneficiary form, the default beneficiary will most likely be your statutory beneficiary, which is determined by state law.

Q: Can I designate more than one beneficiary on the TRS15 form?A: Yes, you can designate multiple beneficiaries on the TRS15 Designation of Beneficiary form.

Q: Can I designate a minor as my beneficiary on the TRS15 form?A: Yes, you can designate a minor as your beneficiary on the TRS15 Designation of Beneficiary form, but you may need to designate a custodian or set up a trust to manage the benefits until the minor reaches the age of majority.

Q: Is the TRS15 Designation of Beneficiary form only for retirement benefits?A: No, the TRS15 Designation of Beneficiary form is also used for designating beneficiaries for death benefits and other benefits provided by the Teacher Retirement System of Texas (TRS).