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A BILL TO BE ENTITLED
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AN ACT
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relating to eligibility for a service retirement annuity of members |
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of the elected class of the Employees Retirement System of Texas. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Section 814.102, Government Code, is amended to |
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read as follows: |
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Sec. 814.102. ELIGIBILITY OF ELECTED MEMBERS FOR SERVICE |
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RETIREMENT. Except as provided by rule adopted under Section |
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813.304(d) or Section 803.202(a)(2), a member who has service |
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credit in the elected class of membership, is eligible to retire and |
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receive a service retirement annuity if the member: |
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(1) is at least 60 years old and has: |
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(A) except as provided by Paragraph (B) of this |
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subdivision, eight [8] years of service credit in that class; or |
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(B) six years of service credit in that class, if |
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the member: |
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(i) has at least two years of military |
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service; and |
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(ii) if applicable, was released from |
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military duty under conditions not dishonorable; or |
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(2) is at least 50 years old and has: |
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(A) except as provided by Paragraph (B) of this |
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subdivision, 12 years of service credit in that class; or |
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(B) 10 years of service credit in that class, if |
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the member: |
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(i) has at least two years of military |
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service; and |
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(ii) if applicable, was released from |
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military duty under conditions not dishonorable. |
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SECTION 2. This Act takes effect September 1, 2021. |