By Telford                                            H.B. No. 1251
       74R5652 GCH-D
                                 A BILL TO BE ENTITLED
    1-1                                AN ACT
    1-2  relating to benefits payable by the Judicial Retirement System of
    1-3  Texas Plan Two.
    1-4        BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
    1-5        SECTION 1.  Sections 839.102(a) and (c), Government Code, are
    1-6  amended to read as follows:
    1-7        (a)  Except as provided by Subsections (b) and (c), the
    1-8  standard service retirement annuity is an amount equal to 50
    1-9  percent of the state salary, as adjusted from time to time, being
   1-10  paid <at the time the member retires> to a judge of a court of the
   1-11  same classification as the last court to which the retiring member
   1-12  was elected or appointed.
   1-13        (c)  The standard service retirement annuity of a person
   1-14  qualifying for retirement under Section 839.101(b) is an amount
   1-15  computed as a percentage of the state salary, as adjusted from time
   1-16  to time, being paid <at the time the member retires> to a judge of
   1-17  a court of the same classification as the last court to which the
   1-18  retiring member was elected or appointed, according to the
   1-19  following schedule:
   1-20              age at retirement          percentage of state salary
   1-21         at least 60 but less than 61         40   percent
   1-22         at least 61 but less than 62         41.7 percent
   1-23         at least 62 but less than 63         43.6 percent
   1-24         at least 63 but less than 64         45.6 percent
    2-1         at least 64 but less than 65         47.7 percent.
    2-2        SECTION 2.  This Act takes effect September 1, 1995.
    2-3        SECTION 3.  The importance of this legislation and the
    2-4  crowded condition of the calendars in both houses create an
    2-5  emergency and an imperative public necessity that the
    2-6  constitutional rule requiring bills to be read on three several
    2-7  days in each house be suspended, and this rule is hereby suspended.