By: Watson S.B. No. 1286
 
 
A BILL TO BE ENTITLED
 
AN ACT
  relating to the administration and funding of retirement systems
  for firefighters in certain municipalities.
         BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
         SECTION 1.  Subsection (b), Section 2.03, Chapter 183 (S.B.
  598), Acts of the 64th Legislature, Regular Session, 1975 (Article
  6243e.1, Vernon's Texas Civil Statutes), is amended to read as
  follows:
         (b)  Between November 1 of each year and the first Monday in
  January of the following year, the board of trustees shall hold an
  election to elect one member of the board of trustees. If only one
  firefighter or retiree is nominated for a position under Subsection
  (c) of this section, instead of holding an election, the board of
  trustees may appoint the sole nominated candidate at the first
  board meeting in January. The board shall adopt procedures for the
  appointment of a sole nominated candidate under this subsection.  A
  board member appointed under this subsection is considered elected
  for purposes of this Act.
         SECTION 2.  Subsections (a) and (b), Section 10.01, Chapter
  183 (S.B. 598), Acts of the 64th Legislature, Regular Session, 1975
  (Article 6243e.1, Vernon's Texas Civil Statutes), are amended to
  read as follows:
         (a)  Each municipality in which a fire department to which
  this Act applies is located shall appropriate and contribute to the
  fund an amount equal to a percentage [18.05 percent] of the
  compensation of all members during that month as follows:
               (1)  19.05 percent, beginning on the first pay date
  following September 30, 2010, through the pay date immediately
  preceding September 30, 2011;
               (2)  20.05 percent, beginning on the first pay date
  following September 30, 2011, through the pay date immediately
  preceding September 30, 2012;
               (3)  21.05 percent, for 24 pay dates of the
  municipality beginning on the first pay date following September
  30, 2012; and
               (4)  22.05 percent, for all pay dates of the
  municipality that follow the 24 pay dates referenced in Subdivision
  (3) of this subsection.
         (b)  Each firefighter shall pay into the fund each month a
  percentage [13.70 percent] of the firefighter's compensation for
  that month as follows:
               (1)  15.70 percent, for the pay dates of the
  municipality following September 30, 2010, through the pay date
  immediately preceding September 30, 2011;
               (2)  16.20 percent, beginning on the first pay date of
  the municipality following September 30, 2011, through the pay date
  immediately preceding September 30, 2012;
               (3)  16.70 percent, beginning on the first pay date of
  the municipality following September 30, 2012, through the pay date
  immediately preceding September 30, 2013;
               (4)  17.20 percent, beginning on the first pay date of
  the municipality following September 30, 2013, through the pay date
  immediately preceding September 30, 2014;
               (5)  17.70 percent, beginning on the first pay date of
  the municipality following September 30, 2014, through the pay date
  immediately preceding September 30, 2015;
               (6)  18.20 percent, beginning on the first pay date of
  the municipality following September 30, 2015, through the pay date
  immediately preceding September 30, 2016; and
               (7)  18.70 percent, for the first pay date of the
  municipality following September 30, 2016, and all subsequent pay
  dates of the municipality.
         SECTION 3.  The board of trustees of a retirement system
  subject to this Act shall adopt procedures required under
  Subsection (b), Section 2.03, Chapter 183 (S.B. 598), Acts of the
  64th Legislature, Regular Session, 1975 (Article 6243e.1, Vernon's
  Texas Civil Statutes), as amended by this Act, before a sole
  nominated candidate may be appointed to the board of trustees.
         SECTION 4.  This Act takes effect September 1, 2011.