By Berlanga                                     H.B. No. 2002

      75R6462 GCH-D                           

                                A BILL TO BE ENTITLED

 1-1                                   AN ACT

 1-2     relating to computation of benefits payable by the Teacher

 1-3     Retirement System of Texas.

 1-4           BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:

 1-5           SECTION 1.  Section 824.203(a), Government Code, is amended

 1-6     to read as follows:

 1-7           (a)  Except as provided by Subsections (c), (d), and (e), the

 1-8     standard service retirement annuity is an amount computed on the

 1-9     basis of the member's average annual compensation for the three

1-10     years of service, whether or not consecutive, in which the member

1-11     received the highest annual compensation, times 2.1235 [two]

1-12     percent for each year of service credit in the retirement system.

1-13           SECTION 2.  This Act takes effect September 1, 1997.

1-14           SECTION 3.  The importance of this legislation and the

1-15     crowded condition of the calendars in both houses create an

1-16     emergency and an imperative public necessity that the

1-17     constitutional rule requiring bills to be read on three several

1-18     days in each house be suspended, and this rule is hereby suspended.