Bill not drafted by TLC or Senate E&E.
Line and page numbers may not match official copy.
By: Gallegos S.B. No. 1287
A BILL TO BE ENTITLED
AN ACT
1-1 relating to the inclusion of performance pay in the calculation of
1-2 a teacher's standard service retirement annuity.
1-3 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
1-4 SECTION 1. Subsection 822.201(b), Government Code, is
1-5 amended to read as follows:
1-6 (b) "Salary and wages" as used in Subsection (a) means:
1-7 (1) normal periodic payments of money for service the
1-8 right to which accrues on a regular basis in proportion to the
1-9 service performed;
1-10 (2) amounts by which the member's salary is reduced
1-11 under a salary reduction agreement authorized by Chapter 610; [and]
1-12 (3) amounts that would otherwise qualify as salary and
1-13 wages under Subdivision (1) but are not received directly by the
1-14 member pursuant to a good faith, voluntary written salary reduction
1-15 agreement in order to finance payments to a deferred compensation
1-16 or tax sheltered annuity program specifically authorized by state
1-17 law or to finance benefit options under a cafeteria plan qualifying
1-18 under Section 125 of the Internal Revenue Code of 1986 (26 U.S.C.
1-19 Section 125), if:
1-20 (A) the program or benefit options are made
1-21 available to all employees of the employer; and
1-22 (B) the benefit options in the cafeteria plan
1-23 are limited to one or more options that provide deferred
2-1 compensation, group health and disability insurance, group term
2-2 life insurance, dependent care assistance programs, or group legal
2-3 services plans; and
2-4 (4) performance pay awarded to an employee by a school
2-5 district as a part of a total compensation plan approved by a local
2-6 school board.
2-7 SECTION 2. EMERGENCY. The importance of this legislation
2-8 and the crowded condition of the calendars in both houses create an
2-9 emergency and an imperative public necessity that the
2-10 constitutional rule requiring bills to be read on three several
2-11 days in each house be suspended, and this rule is hereby suspended.