Bill Text: TX HB390 | 2011-2012 | 82nd Legislature | Introduced

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Bill Title: Relating to the service retirement annuity for appellate judges under the Judicial Retirement System Plan Two.

Sponsorship: Partisan Bill (Democrat 1)

Status: (Introduced - Dead) 2011-04-19 - Left pending in committee [HB390 Detail]

Download: Texas-2011-HB390-Introduced.html

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82R2296 TJS-D
By: Gonzales of Hidalgo H.B. No. 390

A BILL TO BE ENTITLED
AN ACT
relating to the service retirement annuity for appellate judges
under the Judicial Retirement System Plan Two.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Section 839.102, Government Code, is amended by
amending Subsection (f) and adding Subsection (g) to read as
follows:
(f) The service retirement annuity of a member qualifying
for retirement under Section 839.101(a)(4) is the applicable state
salary under Subsection (a) multiplied by a percentage amount that
is the sum of 50 percent plus the product of 2.3 percent multiplied
by the number of years of prior service credit under Subsection (g)
and subsequent service credit the member accrues under Section
840.1027. After including any increase under Subsection (b), the
service retirement annuity under this subsection may not be an
amount that is greater than 90 percent of the applicable salary
under Subsection (a).
(g) For purposes of Subsection (f), a member's prior service
credit is the amount of service credit that the member earned in the
retirement system prior to serving on an appellate court that is in
excess of the amount of service credit that the member requires to
be eligible to retire and receive a service retirement annuity
under Section 839.101(a)(4).
SECTION 2. The change in law made by this Act applies only
to a person who retires on or after the effective date of this Act.
The change in law does not apply to a person who retired before the
effective date of this Act.
SECTION 3. This Act takes effect September 1, 2011.