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A BILL TO BE ENTITLED
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AN ACT
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relating to certain benefits payable by the Judicial Retirement |
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System of Texas Plan One and the Judicial Retirement System of Texas |
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Plan Two. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. If the 88th Legislature, Regular Session, 2023, |
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enacts legislation that becomes law that increases the state salary |
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used to compute the service retirement annuity of a judge under |
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Section 834.102(a) or (c) or Section 839.102(a) or (c), Government |
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Code, notwithstanding that legislation or any other law, including |
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Section 311.025, Government Code, on the effective date of the |
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salary increase, the Employees Retirement System of Texas shall |
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recompute each annuity being paid under Section 834.102, 834.103, |
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834.203, 834.301, 834.302, 839.102, 839.103, 839.203, 839.301, or |
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839.302, Government Code, using the salary prescribed under Section |
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659.012(b)(2) that is in effect on the effective date of the salary |
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increase for the judge of a court of the same classification as the |
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court on which the former member on whose service the annuity is |
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based last served before the member retired or died, as applicable. |
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This section applies only to an annuity payment that becomes |
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payable on or after the effective date of this Act. |
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SECTION 2. (a) This section applies only: |
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(1) if the 88th Legislature, Regular Session, 2023, |
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does not enact legislation that becomes law that increases the |
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state salary used to compute the service retirement annuity of a |
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judge under Section 834.102(a) or (c) or Section 839.102(a) or (c), |
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Government Code; |
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(2) to an annuitant under the Judicial Retirement |
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System of Texas Plan One or the Judicial Retirement System of Texas |
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Plan Two who is eligible to receive: |
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(A) a service or disability retirement annuity |
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under Section 834.102, 834.103, 834.203, 839.102, 839.103, or |
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839.203, Government Code, that is based on an effective date of |
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retirement that occurred before September 1, 2019; or |
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(B) a death benefit annuity under Section |
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834.301, 834.302, 839.301, or 839.302, Government Code, that is |
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based on a death that occurred before September 1, 2019; and |
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(3) to an annuity payment that becomes payable on or |
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after the effective date of this Act. |
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(b) On the effective date of this Act, the Employees |
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Retirement System of Texas shall recompute each annuity being paid |
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an annuitant under Section 834.102, 834.103, 834.203, 834.301, |
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834.302, 839.102, 839.103, 839.203, 839.301, or 839.302, |
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Government Code, using the salary prescribed under Section |
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659.012(b)(2) that was in effect on September 1, 2019, for the judge |
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of a court of the same classification as the court on which the |
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former member on whose service the annuity is based last served |
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before the member retired or died, as applicable. This section |
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applies only to an annuity payment that becomes payable on or after |
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the effective date of this Act. |
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SECTION 3. This Act takes effect September 1, 2023. |