1-1 By: Hightower (Senate Sponsor - Turner) H.B. No. 795
1-2 (In the Senate - Received from the House April 3, 1995;
1-3 April 4, 1995, read first time and referred to Committee on State
1-4 Affairs; May 8, 1995, reported favorably by the following vote:
1-5 Yeas 12, Nays 0; May 8, 1995, sent to printer.)
1-6 A BILL TO BE ENTITLED
1-7 AN ACT
1-8 relating to reinstatement, purchase, and transfer of service credit
1-9 between the Employees Retirement System of Texas and the Teacher
1-10 Retirement System of Texas.
1-11 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
1-12 SECTION 1. (a) Notwithstanding Section 30, Chapter 791,
1-13 Acts of the 73rd Legislature, 1993, a surviving spouse eligible to
1-14 receive an annuity as a result of the death of a member of the
1-15 Employees Retirement System of Texas or the Teacher Retirement
1-16 System of Texas that occurred on or after June 18, 1993, is
1-17 entitled to reinstate, purchase, or transfer eligible service
1-18 credit under Chapter 805, Government Code, as if this Act had been
1-19 in effect at the time of the death.
1-20 (b) The Employees Retirement System of Texas or the Teacher
1-21 Retirement System of Texas, as applicable, shall:
1-22 (1) recompute any annuity for which an annuitant takes
1-23 action authorized by Subsection (a) of this section;
1-24 (2) begin payment of the recomputed annuity with the
1-25 first payment that becomes due after the recomputation; and
1-26 (3) make any necessary transfers of money as provided
1-27 by Chapter 805, Government Code.
1-28 (c) If a lump sum death benefit payment has been made, the
1-29 lump sum must be returned as a condition of this section applying.
1-30 SECTION 2. The importance of this legislation and the
1-31 crowded condition of the calendars in both houses create an
1-32 emergency and an imperative public necessity that the
1-33 constitutional rule requiring bills to be read on three several
1-34 days in each house be suspended, and this rule is hereby suspended,
1-35 and that this Act take effect and be in force from and after its
1-36 passage, and it is so enacted.
1-37 * * * * *