By Brown                                        S.B. No. 1749

      75R7514 GCH-F                           

                                A BILL TO BE ENTITLED

 1-1                                   AN ACT

 1-2     relating to benefits payable by the Judicial Retirement System of

 1-3     Texas Plan Two.

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

 1-5           SECTION 1.  Sections 839.102(a) and (c), Government Code, are

 1-6     amended to read as follows:

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

 1-8     standard service retirement annuity is an amount equal to 50

 1-9     percent of the state salary, as adjusted from time to time, being

1-10     paid [at the time the member retires] to a judge of a court of the

1-11     same classification as the last court to which the retiring member

1-12     was elected or appointed.

1-13           (c)  The standard service retirement annuity of a person

1-14     qualifying for retirement under Section 839.101(b) is an amount

1-15     computed as a percentage of the state salary, as adjusted from time

1-16     to time, being paid [at the time the member retires] to a judge of

1-17     a court of the same classification as the last court to which the

1-18     retiring member was elected or appointed, according to the

1-19     following schedule:

1-20          age at retirement           percentage of state salary

1-21     at least 60 but less than 61         40     percent  

1-22     at least 61 but less than 62         41.7   percent  

1-23     at least 62 but less than 63         43.6   percent  

1-24     at least 63 but less than 64         45.6   percent  

 2-1     at least 64 but less than 65         47.7   percent. 

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

 2-3     applies to all annuity payments that become due on or after that

 2-4     date.

 2-5           SECTION 3.  The importance of this legislation and the

 2-6     crowded condition of the calendars in both houses create an

 2-7     emergency and an imperative public necessity that the

 2-8     constitutional rule requiring bills to be read on three several

 2-9     days in each house be suspended, and this rule is hereby suspended.