SRC-JRN S.B. 25 75(R)   BILL ANALYSIS


Senate Research Center   S.B. 25
By: Truan
State Affairs
5-6-97
As Filed


DIGEST 

Currently, there is no provision that relates to certain previously waived
service credit in the Employees Retirement System of Texas.  Persons who
have served the appropriate amount of time in the state legislature are
not automatically qualified to receive state retirement benefits.  This
bill qualifies certain individuals for state retirement benefits, provided
the individuals deposit the necessary funds in the Employees Retirement
System of Texas to comply with state retirement system requirements. 

PURPOSE

As proposed, S.B. 25 qualifies certain individuals for state retirement
benefits, provided the individuals deposit the necessary funds in the
Employees Retirement System of Texas, to comply with state retirement
system requirements. 

RULEMAKING AUTHORITY

This bill does not grant any additional rulemaking authority to a state
officer, institution, or agency. 

SECTION BY SECTION ANALYSIS

SECTION 1. Amends Chapter 813E, Government Code, by adding Section
813.406, as follows: 

Sec. 813.406. CERTAIN PREVIOUSLY WAIVED SERVICE.  Authorizes certain
persons meeting certain requirements to establish service credit in the
Employees Retirement System of Texas (retirement system) for the person's
state legislative service before September 1, 1998.  Authorizes a person
to establish credit under this section by depositing a certain computed
contribution amount with the retirement system in a lump sum.  Provides
that this section expires September 1, 1998. 

SECTION 2. Effective date: September 1, 1997.

SECTION 3. Emergency clause.