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.
Spectrum: Partisan Bill (Republican 1-0)
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. |