By: Whitmire S.B. No. 816
73R6518 GCH-D
A BILL TO BE ENTITLED
1-1 AN ACT
1-2 relating to benefits payable by retirement systems for police
1-3 officers in certain municipalities.
1-4 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
1-5 SECTION 1. Sections 11(a) and (a-1), Chapter 76, Acts of the
1-6 50th Legislature, 1947 (Article 6243g-1, Vernon's Texas Civil
1-7 Statutes), are amended to read as follows:
1-8 (a) A person who becomes a member of the Pension System on
1-9 or after September 1, 1975, and who has been in the service of the
1-10 city police department for the period of twenty (20) years may
1-11 retire on or after July 1, 1993 <1988>, at the age of fifty (50)
1-12 years and shall be entitled to a retirement pension of an amount
1-13 equal to fifty percent (50%) <forty-five percent (45%)> of his base
1-14 salary per month, plus an additional amount equal to two percent
1-15 (2%) of his base salary per month for each year of service in the
1-16 police department in excess of twenty (20) years, not to exceed a
1-17 total pension equal to eighty percent (80%) of base salary, such
1-18 base salary to be the base salary provided for the classified
1-19 position in the police department held by the member, provided that
1-20 if the member has not held the same classified position for three
1-21 (3) years prior to the date of retirement, the retirement pension
1-22 shall be based on the average monthly base salary of the member for
1-23 three (3) years preceding retirement. Except as provided in
1-24 Subsection (a-1) of this section, no retirement pension may be paid
2-1 to a member who has not attained the age of fifty (50) years.
2-2 (a-1) A person who was a member of the pension system before
2-3 September 1, 1975, may retire on or after July 1, 1993 <1988>,
2-4 regardless of age upon completion of twenty (20) years of service
2-5 in the city police department and shall be entitled to a retirement
2-6 pension of an amount equal to fifty percent (50%) <forty-five
2-7 percent (45%)> of his base salary per month, plus an additional
2-8 amount equal to two percent (2%) of his base salary per month for
2-9 each year of service in the police department in excess of twenty
2-10 (20) years, not to exceed a total pension equal to eighty percent
2-11 (80%) of base salary, such base salary to be the base salary
2-12 provided for the classified position in the police department held
2-13 by the member, provided that if the member has not held the same
2-14 classified position for three (3) years prior to the date of
2-15 retirement, the retirement pension shall be based on the average
2-16 monthly base salary of the member for three (3) years preceding
2-17 retirement.
2-18 SECTION 2. Section 17(b), Article 6243g-3, Revised Statutes,
2-19 is amended to read as follows:
2-20 (b) The <Effective July 1, 1991, the> amount of the monthly
2-21 service pension payable to a retired member who retires on or after
2-22 July 1, 1993 <1988>, is an amount equal to 50 <45> percent of the
2-23 member's final compensation per month, plus an additional amount
2-24 equal to two percent of the member's final compensation per month
2-25 multiplied by the number of years in excess of 20 years, to the
2-26 nearest one-twelfth of a year, in the member's period of credited
2-27 service, not to exceed a total pension equal to 80 percent of final
3-1 compensation.
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.