By Wentworth S.B. No. 838 76R8267 GCH-F A BILL TO BE ENTITLED 1-1 AN ACT 1-2 relating to service credit in the Judicial Retirement System of 1-3 Texas Plan One or the Judicial Retirement System of Texas Plan Two. 1-4 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: 1-5 SECTION 1. Subchapter B, Chapter 833, Government Code, is 1-6 amended by adding Section 833.106 to read as follows: 1-7 Sec. 833.106. CREDIT FOR YEAR IN WHICH ELIGIBLE FOR OFFICE. 1-8 (a) A contributing member may establish service credit in the 1-9 retirement system for any calendar year during any part of which 1-10 the member held an office included in the membership of the system. 1-11 (b) A member may establish credit under this section by 1-12 depositing with the retirement system a contribution computed for 1-13 each month of credit claimed at the rate of six percent of the 1-14 member's current monthly compensation, plus, if the member does not 1-15 establish the credit before the first anniversary of the date of 1-16 first eligibility, interest computed on the basis of the state 1-17 fiscal year at an annual rate of 10 percent from the date of first 1-18 eligibility to the date of deposit. 1-19 SECTION 2. Subchapter B, Chapter 838, Government Code, is 1-20 amended by adding Section 838.106 to read as follows: 1-21 Sec. 838.106. CREDIT FOR YEAR IN WHICH ELIGIBLE FOR OFFICE. 1-22 (a) A contributing member may establish service credit in the 1-23 retirement system for any calendar year during any part of which 1-24 the member held an office included in the membership of the system. 2-1 (b) A member may establish credit under this section by 2-2 depositing with the retirement system a contribution computed for 2-3 each month of credit claimed at the rate of six percent of the 2-4 member's current monthly compensation, plus, if the member does not 2-5 establish the credit before the first anniversary of the date of 2-6 first eligibility, interest computed on the basis of the state 2-7 fiscal year at an annual rate of 10 percent from the date of first 2-8 eligibility to the date of deposit. 2-9 SECTION 3. This Act takes effect September 1, 1999.