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A BILL TO BE ENTITLED
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AN ACT
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relating to retirees of the Teacher Retirement System of Texas who |
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resume certain employment with a school district. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Section 825.4092(e), Government Code, is amended |
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to read as follows: |
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(e) The amounts required to be paid under Subsections (b) |
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and (c) are not required to be paid by a reporting employer for a |
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retiree who retired from the retirement system: |
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(1) before September 1, 2005; or |
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(2) on or after September 1, 2005, if the retiree is |
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employed by a school district experiencing a teacher shortage, as |
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determined by the Texas Education Agency. |
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SECTION 2. The changes in law made by this Act apply to a |
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retiree of the Teacher Retirement System of Texas regardless of |
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whether the person retired from employment before, on, or after the |
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effective date of this Act. |
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SECTION 3. The changes in law made by this Act apply |
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beginning with the 2023-2024 school year. |
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SECTION 4. This Act takes effect immediately if it receives |
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a vote of two-thirds of all the members elected to each house, as |
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provided by Section 39, Article III, Texas Constitution. If this |
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Act does not receive the vote necessary for immediate effect, this |
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Act takes effect September 1, 2023. |