By: Haley S.B. No. 1478
73R10190 GCH-D
A BILL TO BE ENTITLED
1-1 AN ACT
1-2 relating to service credit in the Texas County and District
1-3 Retirement System.
1-4 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
1-5 SECTION 1. Section 843.402, Government Code, is amended to
1-6 read as follows:
1-7 Sec. 843.402. Current Service for Member of Optional Class.
1-8 (a) A person who becomes a member of the retirement system under
1-9 Section 842.201 may establish current service credit in the
1-10 retirement system for service performed for the subdivision during
1-11 <for> the period beginning on the effective date of the
1-12 subdivision's participation in the retirement system and ending on
1-13 the later of <day before> the date the person became a member or
1-14 the effective date of an order under Section 842.201 that makes
1-15 service in the position for which credit is sought creditable in
1-16 the retirement system.
1-17 (b) A member claiming credit under this section shall
1-18 deposit with the retirement system, <before the 91st day after the
1-19 effective date of the person's membership,> for the total number of
1-20 months of service claimed under this section, an amount equal to
1-21 the amount of deposits that a member earning the same compensation
1-22 from the subdivision during the same period was required to make to
1-23 the retirement system.
1-24 (c) If the subdivision deposits with the retirement system<,
2-1 within the period required under this section for member deposits,>
2-2 an amount equal to the amount deposited under Subsection (b), the
2-3 retirement system shall grant the member current service credit
2-4 under this section.
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 and that this Act take effect and be in force from and after its
2-11 passage, and it is so enacted.