By Ratliff                                            S.B. No. 1490
       74R181 GCH-D
                                 A BILL TO BE ENTITLED
    1-1                                AN ACT
    1-2  relating to annuities based on the service of a law enforcement or
    1-3  custodial officer who retired from the Employees Retirement System
    1-4  of Texas under a retirement incentive.
    1-5        BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
    1-6        SECTION 1.  (a)  The Employees Retirement System of Texas
    1-7  shall recompute each annuity that is based on the service of a
    1-8  person who has retired under Section 814.1071, Government Code, to
    1-9  include an amount, proportional to the amount authorized for each
   1-10  year of credit under Section 814.107, Government Code, for each
   1-11  whole month of credit as a law enforcement or custodial officer
   1-12  that was not used in the original computation of the annuity.
   1-13        (b)  The increases in annuities provided by this Act are
   1-14  payable, from the trust fund established by Section 815.310,
   1-15  Government Code, beginning with the first payments of the annuities
   1-16  that become due on or after September 1, 1995.
   1-17        SECTION 2.  The importance of this legislation and the
   1-18  crowded condition of the calendars in both houses create an
   1-19  emergency and an imperative public necessity that the
   1-20  constitutional rule requiring bills to be read on three several
   1-21  days in each house be suspended, and this rule is hereby suspended.