Bill Text: TX HB1663 | 2023-2024 | 88th Legislature | Introduced
Bill Title: Relating to purchase of service credit in the Teacher Retirement System of Texas by certain members with federal border security service work experience.
Sponsorship: Partisan Bill (Republican 1)
Status: (Introduced - Dead) 2023-03-07 - Referred to Pensions, Investments & Financial Services [HB1663 Detail]
Download: Texas-2023-HB1663-Introduced.html
| 88R929 BDP-D | ||
| By: Guillen | H.B. No. 1663 | |
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| relating to purchase of service credit in the Teacher Retirement | ||
| System of Texas by certain members with federal border security | ||
| service work experience. | ||
| BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
| SECTION 1. The heading to Subchapter D, Chapter 823, | ||
| Government Code, is amended to read as follows: | ||
| SUBCHAPTER D. ESTABLISHMENT OF MILITARY AND FEDERAL BORDER | ||
| SECURITY SERVICE | ||
| SECTION 2. Subchapter D, Chapter 823, Government Code, is | ||
| amended by adding Section 823.305 to read as follows: | ||
| Sec. 823.305. FEDERAL BORDER SECURITY SERVICE CREDIT. (a) | ||
| An eligible member may establish membership service credit for | ||
| federal border security service performed that is creditable in the | ||
| retirement system as provided by this section. | ||
| (b) Federal border security service creditable in the | ||
| retirement system is work performed as an employee of: | ||
| (1) the United States Department of Homeland Security, | ||
| including U.S. Customs and Border Protection; or | ||
| (2) any other federal agency with primary | ||
| responsibility for securing the United States-Mexico border by | ||
| interdicting: | ||
| (A) persons attempting to illegally enter or exit | ||
| the United States; or | ||
| (B) goods being illegally imported into or | ||
| exported from the United States. | ||
| (c) A member may not establish more than five years of | ||
| service credit in the retirement system under this section for | ||
| federal border security service. | ||
| (d) A member eligible to establish federal border security | ||
| service credit is one who has at least five years of service credit | ||
| in the retirement system for actual service in public schools. | ||
| (e) A member may establish credit under this section by | ||
| depositing with the retirement system for each year of federal | ||
| border security service claimed a contribution in an amount equal | ||
| to the member's contributions to the retirement system during the | ||
| first full year of membership service. | ||
| (f) After a member makes the deposits required by this | ||
| section, the retirement system shall grant the member one year of | ||
| federal border security service credit for each year of federal | ||
| border security service approved. | ||
| (g) The board of trustees may adopt rules necessary to | ||
| implement this section. | ||
| SECTION 3. Section 825.307(a), Government Code, is amended | ||
| to read as follows: | ||
| (a) The retirement system shall deposit in a member's | ||
| individual account in the member savings account: | ||
| (1) the amount of contributions to the retirement | ||
| system that is deducted from the member's compensation; | ||
| (2) the portion of a deposit made on or after | ||
| resumption of membership that represents the amount of retirement | ||
| benefits received; | ||
| (3) the portion of a deposit to reinstate service | ||
| credit previously canceled that represents the amount withdrawn or | ||
| refunded; | ||
| (4) the portion of a deposit to establish military | ||
| service credit required by Section 823.302(c); | ||
| (5) the portion of a deposit to establish USERRA | ||
| credit required by Section 823.304(c); | ||
| (6) the portion of a deposit to establish federal | ||
| border security service credit required by Section 823.305(e); | ||
| (7) the portion of a deposit to establish: | ||
| (A) equivalent membership service credit | ||
| required by Section 823.401(d), 823.402(e), 823.403(d), | ||
| 823.404(c), or 823.406(b) or former Section 823.405; or | ||
| (B) unreported service credit or compensation | ||
| required by Section 825.403(h); and | ||
| (8) [ |
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| provided by Subsections (b) and (c) and Section 825.313(c). | ||
| SECTION 4. Section 823.305, Government Code, as added by | ||
| this Act, applies only to a member of the Teacher Retirement System | ||
| of Texas who retires on or after the effective date of this Act. | ||
| SECTION 5. This Act takes effect September 1, 2023. | ||
