1-1 By: Wentworth S.B. No. 838 1-2 (In the Senate - Filed March 3, 1999; March 4, 1999, read 1-3 first time and referred to Committee on State Affairs; May 3, 1999, 1-4 reported adversely, with favorable Committee Substitute by the 1-5 following vote: Yeas 8, Nays 0; May 3, 1999, sent to printer.) 1-6 COMMITTEE SUBSTITUTE FOR S.B. No. 838 By: Wentworth 1-7 A BILL TO BE ENTITLED 1-8 AN ACT 1-9 relating to service credit in the Judicial Retirement System of 1-10 Texas Plan Two. 1-11 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: 1-12 SECTION 1. Subchapter B, Chapter 838, Government Code, is 1-13 amended by adding Section 838.106 to read as follows: 1-14 Sec. 838.106. CREDIT FOR YEAR IN WHICH ELIGIBLE FOR OFFICE. 1-15 (a) A contributing member may establish service credit in the 1-16 retirement system for any calendar year during any part of which 1-17 the member held an office included in the membership of the system. 1-18 (b) A member may establish credit under this section by 1-19 depositing with the retirement system a contribution computed for 1-20 each month of credit claimed at the rate of six percent of the 1-21 member's current monthly compensation, plus, if the member does not 1-22 establish the credit before the first anniversary of the date of 1-23 first eligibility, interest computed on the basis of the state 1-24 fiscal year at an annual rate of 10 percent from the date of first 1-25 eligibility to the date of deposit. 1-26 SECTION 2. This Act takes effect September 1, 1999. 1-27 * * * * *