|
House Bill 3731 |
House Author: Guillen |
|
Effective: 6-15-07 |
Senate Sponsor: Gallegos |
House Bill 3731 amends the Texas Local Fire Fighters Retirement Act to eliminate language that requires the board of trustees of a retirement plan to issue a certificate of service to a terminated member. The bill specifies that in order to be eligible for election as a member of a board of trustees in a firefighters' retirement system, a person must be a participating member of the retirement system. The bill also changes the level of contributions a municipality or a political subdivision is required to make to an affected retirement system for each participating employee to the same rate paid by employees or 12 percent, whichever is less.