SRC-AXB S.B. 82 76(R) BILL ANALYSIS Senate Research Center S.B. 82 76R1402 GCH-DBy: Brown State Affairs 4/19/1999 As Filed DIGEST Currently, there are two different calculation procedures used to determine retired judges' retirement plans. Under Plan One, retired judges receive a percentage of what current judges earn, and under Plan Two, they receive a percentage of their salary upon retirement. The inflexibility of adjusting retirement annuities could deter seasoned attorneys from entering the judiciary. This bill provides that the standard service retirement annuity for judges be adjusted from time to time. PURPOSE As proposed, S.B. 82 provides that the standard service retirement annuity for judges be adjusted from time to time. RULEMAKING AUTHORITY This bill does not grant any additional rulemaking authority to a state officer, institution, or agency. SECTION BY SECTION ANALYSIS SECTION 1. Amends Sections 839.102(a) and (c), Government Code, to provide that the standard service retirement annuity be adjusted from time to time. Deletes text specifying that the annuity be paid to a judge upon retirement. Makes conforming changes. SECTION 2.Effective date: September 1, 1999. Makes application of this Act prospective. SECTION 3. Emergency clause.