1-1 By: Marchant, et al. (Senate Sponsor - Barrientos) H.B. No. 2835 1-2 (In the Senate - Received from the House May 7, 1993; 1-3 May 10, 1993, read first time and referred to Committee on State 1-4 Affairs; May 21, 1993, reported favorably by the following vote: 1-5 Yeas 7, Nays 0; May 21, 1993, sent to printer.) 1-6 COMMITTEE VOTE 1-7 Yea Nay PNV Absent 1-8 Harris of Dallas x 1-9 Rosson x 1-10 Carriker x 1-11 Henderson x 1-12 Leedom x 1-13 Lucio x 1-14 Luna x 1-15 Nelson x 1-16 Patterson x 1-17 Shelley x 1-18 Sibley x 1-19 West x 1-20 Whitmire x 1-21 A BILL TO BE ENTITLED 1-22 AN ACT 1-23 relating to providing for a benefit increase in certain annuities 1-24 payable by the Teacher Retirement System of Texas. 1-25 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: 1-26 SECTION 1. (a) Monthly payments of a death or retirement 1-27 benefit annuity by the Teacher Retirement System of Texas are 1-28 increased beginning with the payment due at the end of January 1-29 1994. 1-30 (b) The increase applies only if the latest effective date 1-31 of retirement of the person on whose account the benefit is based, 1-32 or the date of death in the case of a death benefit annuity, 1-33 occurred before September 1, 1991. The increase does not apply to 1-34 payments received under Section 824.304(a), 824.404, or 824.501, 1-35 Government Code. 1-36 (c) The amount of the monthly increase is computed by 1-37 multiplying the previous monthly benefit by a percentage determined 1-38 in accordance with the following table: 1-39 Retirement Date or, if applicable, Date of Death Increase 1-40 Before September 1, 1968 5 % 1-41 On or after September 1, 1968, but before September 1, 1969 7 % 1-42 On or after September 1, 1969, but before September 1, 1970 6 % 1-43 On or after September 1, 1970, but before September 1, 1971 13 % 1-44 On or after September 1, 1971, but before September 1, 1972 12 % 1-45 On or after September 1, 1972, but before September 1, 1973 13 % 1-46 On or after September 1, 1973, but before September 1, 1974 15 % 1-47 On or after September 1, 1974, but before September 1, 1975 12 % 1-48 On or after September 1, 1975, but before September 1, 1976 10 % 1-49 On or after September 1, 1976, but before September 1, 1977 14 % 1-50 On or after September 1, 1977, but before September 1, 1978 13 % 1-51 On or after September 1, 1978, but before September 1, 1979 11 % 1-52 On or after September 1, 1979, but before September 1, 1980 10 % 1-53 On or after September 1, 1980, but before September 1, 1981 7 % 1-54 On or after September 1, 1981, but before September 1, 1991 5 % 1-55 (d) The increase for a monthly retirement annuity to a 1-56 retiree is based on the retiree's latest effective retirement date. 1-57 The increase for a monthly retirement annuity being continued to a 1-58 beneficiary after the death of the retiree is based on the 1-59 retiree's retirement date. The increase for a death benefit amount 1-60 is based on the date of death of the person on whose account the 1-61 benefit is based. 1-62 (e) The percentage increases provided for in this Act apply 1-63 to monthly payments of a minimum benefit increased under 1-64 H.B. No. 2711 or S.B. No. 1151, Acts of the 73rd Legislature, 1-65 Regular Session, 1993, but apply only to the amount of the monthly 1-66 annuity as of August 1, 1993. No additional increase shall be paid 1-67 to an annuitant under this Act if the increase provided for in 1-68 H.B. No. 2711 or S.B. No. 1151 is greater than the increase 2-1 provided for in this Act. If the increase provided for in this Act 2-2 is less than the increase provided for in H.B. No. 2711 or 2-3 S.B. No. 1151, an annuitant shall receive the difference as an 2-4 additional increase under this Act. 2-5 SECTION 2. The importance of this legislation and the 2-6 crowded condition of the calendars in both houses create an 2-7 emergency and an imperative public necessity that the 2-8 constitutional rule requiring bills to be read on three several 2-9 days in each house be suspended, and this rule is hereby suspended. 2-10 * * * * * 2-11 Austin, 2-12 Texas 2-13 May 21, 1993 2-14 Hon. Bob Bullock 2-15 President of the Senate 2-16 Sir: 2-17 We, your Committee on State Affairs to which was referred H.B. 2-18 No. 2835, have had the same under consideration, and I am 2-19 instructed to report it back to the Senate with the recommendation 2-20 that it do pass and be printed. 2-21 Rosson, 2-22 Vice-Chairman 2-23 * * * * * 2-24 WITNESSES 2-25 FOR AGAINST ON 2-26 ___________________________________________________________________ 2-27 Name: Michael Lehr x 2-28 Representing: Texas Retired Teachers Assn 2-29 City: Taylor 2-30 ------------------------------------------------------------------- 2-31 Name: Margaret Wallace x 2-32 Representing: Self 2-33 City: Austin 2-34 ------------------------------------------------------------------- 2-35 Name: Chet Brooks x 2-36 Representing: Self 2-37 City: Austin 2-38 ------------------------------------------------------------------- 2-39 Name: Robert Simpson x 2-40 Representing: Self 2-41 City: Round Rock 2-42 ------------------------------------------------------------------- 2-43 Name: Novella Wiley x 2-44 Representing: Self 2-45 City: Austin 2-46 ------------------------------------------------------------------- 2-47 Name: Mary Kathryn Baker x 2-48 Representing: Self 2-49 City: Austin 2-50 ------------------------------------------------------------------- 2-51 Name: Chester C Baker x 2-52 Representing: Self 2-53 City: Austin 2-54 ------------------------------------------------------------------- 2-55 Name: Jesse Wilson x 2-56 Representing: ARTA 2-57 City: Austin 2-58 ------------------------------------------------------------------- 2-59 FOR AGAINST ON 2-60 ___________________________________________________________________ 2-61 Name: Charles F Mathews x 2-62 Representing: TRTA 2-63 City: Austin 2-64 ------------------------------------------------------------------- 2-65 Name: Zora Mae Hise x 2-66 Representing: TRTA 2-67 City: Austin 2-68 ------------------------------------------------------------------- 2-69 Name: James F Jeffrey x 2-70 Representing: Tx Retired Teachers Assn 3-1 City: Austin 3-2 ------------------------------------------------------------------- 3-3 Name: Mary Lou Matlock x 3-4 Representing: Austin Retired Teachers Assn 3-5 City: Austin 3-6 ------------------------------------------------------------------- 3-7 Name: Regina Koeniger x 3-8 Representing: Self 3-9 City: Austin 3-10 ------------------------------------------------------------------- 3-11 Name: Lawrence Buford x 3-12 Representing: Austin Retired Teachers Assn 3-13 City: Austin 3-14 ------------------------------------------------------------------- 3-15 Name: Ruby Clifton x 3-16 Representing: Houston Retired Teacher 3-17 City: Houston 3-18 ------------------------------------------------------------------- 3-19 Name: Jack Campbell x 3-20 Representing: TX Assn of School Administr 3-21 City: Austin 3-22 ------------------------------------------------------------------- 3-23 Name: Gary Thompson x 3-24 Representing: Teacher Retirement System 3-25 City: Austin 3-26 ------------------------------------------------------------------- 3-27 Name: James Tisdale x 3-28 Representing: 3-29 City: Ft Worth 3-30 ------------------------------------------------------------------- 3-31 Name: Catherine Christian x 3-32 Representing: TSTA 3-33 City: Ft Worth 3-34 ------------------------------------------------------------------- 3-35 Name: Carol Sadler Joesph x 3-36 Representing: Ft Worth Ed Assn 3-37 City: Ft Worth 3-38 ------------------------------------------------------------------- 3-39 Name: Gloria Shepert x 3-40 Representing: TSTA 3-41 City: Ft Worth 3-42 ------------------------------------------------------------------- 3-43 Name: Virginia Davis x 3-44 Representing: Ft Worth ESP TSTA NEA 3-45 City: Ft Worth 3-46 ------------------------------------------------------------------- 3-47 Name: Joe Ross x 3-48 Representing: 3-49 City: Ft Worth 3-50 ------------------------------------------------------------------- 3-51 Name: Chester Baker x 3-52 Representing: Austin Retired Teachers 3-53 City: Austin 3-54 ------------------------------------------------------------------- 3-55 Name: Kathryan Baker x 3-56 Representing: Austin Retired Teachers 3-57 City: Austin 3-58 ------------------------------------------------------------------- 3-59 FOR AGAINST ON 3-60 ___________________________________________________________________ 3-61 Name: Julia Mellencruch x 3-62 Representing: 3-63 City: Austin 3-64 ------------------------------------------------------------------- 3-65 Name: Novella Wiley x 3-66 Representing: 3-67 City: Austin 3-68 ------------------------------------------------------------------- 3-69 Name: Annie Scholtz x 3-70 Representing: Austin Retired Teachers 4-1 City: Austin 4-2 ------------------------------------------------------------------- 4-3 Name: Ruth Howell x 4-4 Representing: Austin Retired Teachers 4-5 City: Austin 4-6 ------------------------------------------------------------------- 4-7 Name: Robert Howell x 4-8 Representing: Austin Retired Teachers 4-9 City: Austin 4-10 ------------------------------------------------------------------- 4-11 Name: Virginia Teel x 4-12 Representing: Austin Retired Teachers Assn 4-13 City: Austin 4-14 ------------------------------------------------------------------- 4-15 Name: V Lou Lequeux x 4-16 Representing: 4-17 City: Austin 4-18 ------------------------------------------------------------------- 4-19 Name: Charles F Mathews x 4-20 Representing: Texas Retired Teachers 4-21 City: Austin 4-22 ------------------------------------------------------------------- 4-23 Name: Lamont Veatch x 4-24 Representing: Texas Assn Secondary Prinic 4-25 City: Austin 4-26 ------------------------------------------------------------------- 4-27 Name: Margaret Femerbacher x 4-28 Representing: TRTA 4-29 City: Austin 4-30 ------------------------------------------------------------------- 4-31 Name: Russell Sayers x 4-32 Representing: TRTA 4-33 City: Austin 4-34 ------------------------------------------------------------------- 4-35 Name: Robert Enos x 4-36 Representing: TRTA 4-37 City: Austin 4-38 ------------------------------------------------------------------- 4-39 Name: Flossie Sweat x 4-40 Representing: TRTA 4-41 City: Austin 4-42 ------------------------------------------------------------------- 4-43 Name: Alice Kidd x 4-44 Representing: TRTA 4-45 City: Austin 4-46 ------------------------------------------------------------------- 4-47 Name: Deetta L. Sayers x 4-48 Representing: TRTA 4-49 City: Austin 4-50 ------------------------------------------------------------------- 4-51 Name: Francine Lehr 4-52 Representing: TRTA 4-53 City: Taylor 4-54 ------------------------------------------------------------------- 4-55 Name: Major Hosea x 4-56 Representing: TRTA 4-57 City: Austin 4-58 ------------------------------------------------------------------- 4-59 FOR AGAINST ON 4-60 ___________________________________________________________________ 4-61 Name: Allison Gadbois x 4-62 Representing: Assn Tx Prof Educators 4-63 City: Austin 4-64 ------------------------------------------------------------------- 4-65 Name: Sandy Kibby x 4-66 Representing: Texas PTA 4-67 City: Austin 4-68 ------------------------------------------------------------------- 4-69 Name: Robert L. Nichols x 4-70 Representing: Self 5-1 City: Austin 5-2 ------------------------------------------------------------------- 5-3 Name: Zoramae Hise x 5-4 Representing: TATAA 5-5 City: Austin 5-6 ------------------------------------------------------------------- 5-7 Name: Veronica L. Rodrigques x 5-8 Representing: TSTA 5-9 City: El Paso 5-10 ------------------------------------------------------------------- 5-11 Name: Eva Gonzalez x 5-12 Representing: TSTA 5-13 City: El Paso 5-14 ------------------------------------------------------------------- 5-15 Name: Marsha Knulth x 5-16 Representing: 5-17 City: Odessa 5-18 ------------------------------------------------------------------- 5-19 Name: Bobbie Duncan x 5-20 Representing: 5-21 City: Odessa 5-22 ------------------------------------------------------------------- 5-23 Name: Eddie Spence x 5-24 Representing: 5-25 City: Odessa 5-26 ------------------------------------------------------------------- 5-27 Name: Richard Kouri x 5-28 Representing: TSTA 5-29 City: Austin 5-30 ------------------------------------------------------------------- 5-31 Name: Ollie Besteiro x 5-32 Representing: TSTA 5-33 City: Austin 5-34 ------------------------------------------------------------------- 5-35 Name: Brad Duggan x 5-36 Representing: Texas Elementary Principals 5-37 City: Austin 5-38 ------------------------------------------------------------------- 5-39 Name: Dorothy M. Lampkin x 5-40 Representing: Ft. Worth Educators 5-41 City: Ft. Worth 5-42 ------------------------------------------------------------------- 5-43 Name: William Betts x 5-44 Representing: TSTA 5-45 City: Ft. Worth 5-46 ------------------------------------------------------------------- 5-47 Name: Judith Caroll x 5-48 Representing: Governors Office 5-49 City: Austin 5-50 ------------------------------------------------------------------- 5-51 Name: Jerry Dike x 5-52 Representing: Texas Dept of Transportation 5-53 City: Austin 5-54 -------------------------------------------------------------------