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A BILL TO BE ENTITLED
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AN ACT
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relating to eligibility to participate as an annuitant in the state |
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employees group benefits program. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Section 1551.102, Insurance Code, is amended by |
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adding Subsection (c-2) to read as follows: |
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(c-2) An individual is eligible to participate in the group |
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benefits program as provided by Subsection (a) if the individual: |
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(1) was employed for at least 10 years by a school |
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district established as specified by Section 19.002, Education |
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Code, as the individual's last position of employment before |
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retirement; |
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(2) has at least: |
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(A) 10 years of eligible service credit, |
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including not more than five years of military service credited in |
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the Employees Retirement System of Texas; or |
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(B) five years of eligible service credit and is |
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the sole surviving spouse of military personnel who was killed in |
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action; and |
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(3) retires under the jurisdiction of the Teacher |
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Retirement System of Texas and: |
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(A) has accumulated membership service credit as |
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provided by Section 823.201(a), Government Code, in an amount so |
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that the sum of the person's age and amount of membership service |
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credit, including months of age and credit, equals or exceeds the |
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number 80; or |
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(B) is at least 65 years of age. |
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SECTION 2. The change in law made by this Act applies only |
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to an individual who retires on or after the effective date of this |
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Act. An individual who retires before the effective date of this |
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Act is governed by the law as it existed immediately before that |
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date, and the former law is continued in effect for that purpose. |
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SECTION 3. This Act takes effect September 1, 2023. |