HBA-GUM S.B. 82 76(R) BILL ANALYSIS Office of House Bill AnalysisS.B. 82 By: Brown Pensions & Investments 5/21/1999 Engrossed BACKGROUND AND PURPOSE Currently, the Judicial Retirement System of Texas Plan One (which is applicable to a judge whose service commenced on or before August 31, 1985) automatically adjusts the standard service retirement annuity of its members in order to compensate for cost-of-living adjustments made to judicial salaries. At present, no cost-of-living adjustment exists for members of the Judicial Retirement System of Texas Plan Two (which is applicable to a judge whose service commenced on or after September 1, 1985). S.B. 82 provides that the standard service retirement annuity for a member of the Judicial Retirement System of Texas Plan Two is adjusted from time to time due to periodic changes in the state salary being paid a judge of a court of the same classification as the last court of the retiree. RULEMAKING AUTHORITY It is the opinion of the Office of House Bill Analysis that this bill does not expressly delegate any additional rulemaking authority to a state officer, department, agency, or institution. SECTION BY SECTION ANALYSIS SECTION 1. Amends Sections 839.102(a) and (c), Government Code, as follows: (a) Establishes that the standard service retirement annuity for a member of the Judicial Retirement System of Texas Plan Two is an amount equal to 50 percent of the state salary, as adjusted from time to time, rather than at the time the member retires, being paid to a judge of the court of the same classification as the retiree, except for an increase in applicable state salary for certain members. (c) Makes a conforming change. SECTION 2. (a) Effective date: September 1, 2001, if the comptroller determines that implementation of the change in law made by this Act would not necessitate additional state contributions for the Judicial Retirement System of Texas Plan Two. Authorizes the comptroller to make the determination earlier than September 1, 2001, in which case the effective date of this Act is the date of the earlier determination. Requires the comptroller to file notice of such a determination with the secretary of state for publication in the Texas Register. (b) Makes application of this Act prospective. SECTION 3. Emergency clause.