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.