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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: |
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(1) the individual: |
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(A) was employed by an employer under Chapter 19, |
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Education Code, as the last state employment before retirement; and |
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(B) has at least: |
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(i) 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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(ii) five years of eligible service credit |
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and is the sole surviving spouse of military personnel who was |
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killed in action; and |
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(2) the individual: |
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(A) has accumulated service credit in the Teacher |
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Retirement System of Texas earned while employed by an employer |
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other than an employer under Chapter 19, Education Code, and has |
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eligible service credit in an amount so that the sum of the person's |
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age and amount of combined service credit, including months of age |
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and credit, equals or exceeds the number 80; or |
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(B) is at least 65 years of age. |
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SECTION 2. This Act takes effect September 1, 2023. |