Amend HB 1702 (Senate Committee Report) as follows:
      In SECTION 1, amend Section 824.602(a)(5), Government Code,
by striking the language from line 38 through 44 and replacing it
with:
      (5)  in a position as a classroom teacher on as much as a
full-time basis, if the retiree is certified under Subchapter B,
Chapter 21, Education Code, had no promise of future public school
employment at the time of retirement, and has been separated from
service with all public schools for at least 90 days.
      In SECTION 2, add the following and renumber for remaining
sections accordingly:
      SECTION 824.602(k), Government Code, is amended to read as
follows:
      (k)  The actuary designated by the board of trustees shall,
in investigating the experience of the members of the system, note
any significant increase in early age retirements and determine the
extent to which any increase has been caused by the exception to
loss of benefits for employment after retirement provided by
Subsection (a)(3) or Subsection (a)(5).  If the actuary certifies
in writing to the retirement system that sound actuarial funding of
the retirement system's benefits is endangered by continuation of
this exception, the board of trustees may determine that no further
elections of the exception will be accepted from retirees, other
than from those who have previously relied on the exception in
retiring under this subtitle.  A retiree may be considered to have
relied on this exception only if retirement occurred on or after
May 31, 1985, but before the date the board of trustees
acknowledges receipt of such certification and if the retiree has
first elected to receive benefits under the exception not later
than two years after the retiree's effective date of retirement.