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House Bill 617 |
House Author: McCall et al. |
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Effective: 9-1-05 |
Senate Sponsor: Duncan |
House Bill 617 amends the Government Code to establish that a member of the Judicial Retirement System of Texas Plan Two (JRS2) who has served at least 12 years on a state appellate court and whose age and amount of service credited in the retirement system equals or exceeds the number 70 may cease to contribute to the plan but is considered a contributing member for all other purposes or may continue making contributions for up to 10 subsequent years of accrued service credit by filing an application with the retirement system. The effect of House Bill 617 is to increase the maximum retirement benefit of JRS2 judges from 60 to 80 percent of state salary at the time of retirement.