By Hightower H.B. No. 795
Substitute the following for H.B. No. 795:
By Telford C.S.H.B. No. 795
A BILL TO BE ENTITLED
1-1 AN ACT
1-2 relating to reinstatement, purchase, and transfer of service credit
1-3 between the Employees Retirement System of Texas and the Teacher
1-4 Retirement System of Texas.
1-5 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
1-6 SECTION 1. (a) Notwithstanding Section 30, Chapter 791,
1-7 Acts of the 73rd Legislature, 1993, a surviving spouse eligible to
1-8 receive an annuity as a result of the death of a member of the
1-9 Employees Retirement System of Texas or the Teacher Retirement
1-10 System of Texas that occurred on or after June 18, 1993, is
1-11 entitled to reinstate, purchase, or transfer eligible service
1-12 credit under Chapter 805, Government Code, as if this Act had been
1-13 in effect at the time of the death.
1-14 (b) The Employees Retirement System of Texas or the Teacher
1-15 Retirement System of Texas, as applicable, shall:
1-16 (1) recompute any annuity for which an annuitant takes
1-17 action authorized by Subsection (b) of this section;
1-18 (2) begin payment of the recomputed annuity with the
1-19 first payment that becomes due after the recomputation; and
1-20 (3) make any necessary transfers of money as provided
1-21 by Chapter 805, Government Code.
1-22 (c) If a lump sum death benefit payment has been made, the
1-23 lump sum must be returned as a condition of this Section applying.
1-24 SECTION 2. The importance of this legislation and the
2-1 crowded condition of the calendars in both houses create an
2-2 emergency and an imperative public necessity that the
2-3 constitutional rule requiring bills to be read on three several
2-4 days in each house be suspended, and this rule is hereby suspended,
2-5 and that this Act take effect and be in force from and after its
2-6 passage, and it is so enacted.