Bill Text: TX HB950 | 2011-2012 | 82nd Legislature | Introduced
Bill Title: Relating to eligibility for and the establishment of service credit in the Employees Retirement System of Texas for military service.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2011-02-24 - Referred to Pensions, Investments & Financial Services [HB950 Detail]
Download: Texas-2011-HB950-Introduced.html
82R5692 SGA-D | ||
By: Lozano | H.B. No. 950 |
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relating to eligibility for and the establishment of service credit | ||
in the Employees Retirement System of Texas for military service. | ||
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
SECTION 1. Section 813.302, Government Code, is amended by | ||
amending Subsections (b) and (d) and adding Subsection (f) to read | ||
as follows: | ||
(b) A member eligible to establish military service credit | ||
is one who: | ||
(1) except as provided by Subsection (f), does not | ||
receive and is not eligible to receive federal retirement payments | ||
based on 20 years or more of active federal military duty or its | ||
equivalent; | ||
(2) has been released from military duty under | ||
conditions not dishonorable; and | ||
(3) has credit in the retirement system for membership | ||
service performed after the member's date of release from active | ||
military duty. | ||
(d) Except as provided by Subsection (f), the [ |
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shall contribute for service established under this section an | ||
amount in the same ratio to the member's contribution for the | ||
service as the state's contribution bears to the contribution for | ||
current service required of a member of the employee class at the | ||
time the service is established under this section. The state's | ||
contribution shall be paid from the fund from which the member | ||
receives compensation at the time the service is established or, if | ||
the member does not hold a position at the time the service is | ||
established, from the fund from which the member received | ||
compensation when the member most recently held a position. | ||
(f) A member who receives or is eligible to receive federal | ||
retirement payments based on 20 years or more of active federal | ||
military duty or its equivalent may establish credit under this | ||
section by depositing an amount equal to the sum of the amount | ||
required of a member under Subsection (c) and an amount equal to the | ||
amount that would constitute the state contribution under | ||
Subsection (d) if the state were required to make a contribution. | ||
The state is not required to make a contribution for the | ||
establishment of service credit under this subsection. | ||
SECTION 2. This Act takes effect immediately if it receives | ||
a vote of two-thirds of all the members elected to each house, as | ||
provided by Section 39, Article III, Texas Constitution. If this | ||
Act does not receive the vote necessary for immediate effect, this | ||
Act takes effect September 1, 2011. |