By Walker H.B. No. 784
76R2404 GJH-D
A BILL TO BE ENTITLED
1-1 AN ACT
1-2 relating to annuities for certain teachers under the Teacher
1-3 Retirement System of Texas.
1-4 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
1-5 SECTION 1. Section 824.203, Government Code, is amended by
1-6 amending Subsection (a) and adding Subsection (f) to read as
1-7 follows:
1-8 (a) Except as provided by Subsections (c), (d), [and] (e),
1-9 and (f), the standard service retirement annuity is an amount
1-10 computed on the basis of the member's average annual compensation
1-11 for the three years of service, whether or not consecutive, in
1-12 which the member received the highest annual compensation, times
1-13 two percent for each year of service credit in the retirement
1-14 system.
1-15 (f) In this subsection, "teacher" means an employee of a
1-16 school district who is a nurse or who is a full-time employee
1-17 required to hold a certificate issued under Subchapter B, Chapter
1-18 21, Education Code, including a superintendent, principal,
1-19 supervisor, classroom teacher, or counselor. The standard service
1-20 retirement annuity payable for a member who has at least 20 years
1-21 of service credit as a teacher is an amount computed on the basis
1-22 of the member's average annual compensation for the three years of
1-23 service in which the member received the highest annual
1-24 compensation, times 2.25 percent for each year of service credit in
2-1 the retirement system. For purposes of this subsection, service
2-2 credit for state personal or sick leave under Section 823.403 is
2-3 service credit as a teacher if the member is a teacher immediately
2-4 before retirement.
2-5 SECTION 2. This Act takes effect September 1, 1999.
2-6 SECTION 3. The importance of this legislation and the
2-7 crowded condition of the calendars in both houses create an
2-8 emergency and an imperative public necessity that the
2-9 constitutional rule requiring bills to be read on three several
2-10 days in each house be suspended, and this rule is hereby suspended.