76R15151 GCH-D                           
         By Clark                                              H.B. No. 3755
         Substitute the following for H.B. No. 3755:
         By Greenberg                                      C.S.H.B. No. 3755
                                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.  (a)  This Act takes effect September 1, 2001, if
 2-3     the comptroller determines, after consultation with the actuary for
 2-4     the Employees Retirement System of Texas, that implementation of
 2-5     the change in law made by this Act would not necessitate additional
 2-6     state contributions for the Judicial Retirement System of Texas
 2-7     Plan Two to remain in compliance with Section 840.106, Government
 2-8     Code.  The comptroller may also make the determination earlier, in
 2-9     which case the effective date of this Act is the date of the
2-10     earlier determination.  If the comptroller makes a determination
2-11     under this subsection, the comptroller shall file notice of the
2-12     determination with the secretary of state for publication in the
2-13     Texas Register.
2-14           (b)  The change in law made by this Act to Section 839.102,
2-15     Government Code, applies to all annuities that become payable under
2-16     Subtitle E, Title 8, Government Code, on or after the effective
2-17     date of this Act.
2-18           SECTION 3.  The importance of this legislation and the
2-19     crowded condition of the calendars in both houses create an
2-20     emergency and an imperative public necessity that the
2-21     constitutional rule requiring bills to be read on three several
2-22     days in each house be suspended, and this rule is hereby suspended.