By:  McCall                                           H.B. No. 2189
       73R33 GCH-D
                                 A BILL TO BE ENTITLED
    1-1                                AN ACT
    1-2  relating to credit in the Teacher Retirement System of Texas for
    1-3  service for certain entities now a part of The University of Texas
    1-4  System.
    1-5        BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
    1-6        SECTION 1.  Subchapter E, Chapter 823, Government Code, is
    1-7  amended by adding Section 823.404 to read as follows:
    1-8        Sec. 823.404.  CERTAIN UNIVERSITY SERVICE.  (a)  A member may
    1-9  establish equivalent membership service credit for employment with
   1-10  the following entities that was performed before the entities
   1-11  became a part of The University of Texas at Dallas:
   1-12              (1)  the Graduate Research Center of the Southwest; or
   1-13              (2)  the Southwest Center for Advanced Studies.
   1-14        (b)  A member may establish credit under this section by
   1-15  depositing with the retirement system for each year of service
   1-16  claimed an amount equal to the sum of:
   1-17              (1)  12 percent of the rate of the member's annual
   1-18  compensation during the first full 12 months of service as a member
   1-19  that is after the date the service for which credit is sought was
   1-20  performed;
   1-21              (2)  a fee of five percent, compounded annually, of the
   1-22  amount determined under Subdivision (1) from the date the service
   1-23  for which credit is sought was performed to the date of deposit;
   1-24  and
    2-1              (3)  any membership fees that would have been paid had
    2-2  the service for which credit is sought been performed as a member
    2-3  of the retirement system.
    2-4        SECTION 2.  Section 825.307(a), Government Code, is amended
    2-5  to read as follows:
    2-6        (a)  The retirement system shall deposit in a member's
    2-7  individual account in the member savings account:
    2-8              (1)  the amount of contributions to the retirement
    2-9  system that is deducted from the member's compensation;
   2-10              (2)  the portion of a deposit made on or after
   2-11  resumption of membership that represents the amount of retirement
   2-12  benefits received;
   2-13              (3)  the portion of a deposit to reinstate service
   2-14  credit previously canceled that represents the amount withdrawn or
   2-15  refunded;
   2-16              (4)  the portion of a deposit to establish membership
   2-17  service credit previously waived that is required by Section
   2-18  823.202(b)(1);
   2-19              (5)  the portion of a deposit to establish membership
   2-20  service credit for service performed after retirement that is
   2-21  required by Section 823.502(c)(3) or (c)(5);
   2-22              (6)  the portion of a deposit to establish military
   2-23  service credit required by Section 823.302(c);
   2-24              (7)  the portion of a deposit to establish equivalent
   2-25  membership service credit required by Section 823.401(d), <or>
   2-26  823.402(e)(1) or (e)(2), or 823.404(b)(1) or (b)(2); and
   2-27              (8)  interest earned on money in the account as
    3-1  provided by Subsections (b) and (c) and Section 825.313(b)(1).
    3-2        SECTION 3.  The importance of this legislation and the
    3-3  crowded condition of the calendars in both houses create an
    3-4  emergency and an imperative public necessity that the
    3-5  constitutional rule requiring bills to be read on three several
    3-6  days in each house be suspended, and this rule is hereby suspended,
    3-7  and that this Act take effect and be in force from and after its
    3-8  passage, and it is so enacted.