By Luna H.J.R. No. 92
76R8858 GCH-D
A JOINT RESOLUTION
1-1 proposing a constitutional amendment relating to the powers of
1-2 public retirement systems.
1-3 BE IT RESOLVED BY THE LEGISLATURE OF THE STATE OF TEXAS:
1-4 SECTION 1. Section 67(a), Article XVI, Texas Constitution,
1-5 is amended by adding Subdivision (5) to read as follows:
1-6 (5) A public retirement system, whether created by
1-7 statute or by action of a governmental entity, has the powers
1-8 provided by its governing law to provide benefits to its members
1-9 and retirees and their beneficiaries without regard to whether the
1-10 benefits are provided before or after the retirement or death of
1-11 the person for whose service the benefits are provided. This
1-12 subdivision is a statement of the common law and applies to
1-13 benefits provided before or after the date of its inclusion in the
1-14 Texas Constitution.
1-15 SECTION 2. This proposed constitutional amendment shall be
1-16 submitted to the voters at an election to be held November 2, 1999.
1-17 The ballot shall be printed to permit voting for or against the
1-18 proposition: "The constitutional amendment to affirm the power of
1-19 public retirement systems to provide benefits before or after the
1-20 retirement or death of the members or retirees of the systems."