By Montford S.B. No. 520
74R5140 GCH-D
A BILL TO BE ENTITLED
1-1 AN ACT
1-2 relating to eligibility for retirement and benefits under the Texas
1-3 Municipal Retirement System.
1-4 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
1-5 SECTION 1. Section 854.102, Government Code, is amended by
1-6 adding Subsection (g) to read as follows:
1-7 (g) A member is eligible to retire and receive a service
1-8 retirement annuity if the member has at least 20 years of credited
1-9 service in the retirement system performed for one or more
1-10 municipalities that have adopted a like provision under Section
1-11 854.202(g).
1-12 SECTION 2. Section 854.202, Government Code, is amended by
1-13 adding Subsection (g) to read as follows:
1-14 (g) The governing body may authorize a member to retire and
1-15 receive a service retirement benefit if the member has at least 20
1-16 years of credited service performed for one or more municipalities
1-17 that have authorized eligibility under this subsection.
1-18 SECTION 3. This Act takes effect September 1, 1995.
1-19 SECTION 4. The importance of this legislation and the
1-20 crowded condition of the calendars in both houses create an
1-21 emergency and an imperative public necessity that the
1-22 constitutional rule requiring bills to be read on three several
1-23 days in each house be suspended, and this rule is hereby suspended.