AN ACT
1-1 relating to the application of the proportionate retirement program
1-2 to certain public retirement systems under which employees may be
1-3 transferred.
1-4 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
1-5 SECTION 1. Subsection (f), Section 803.101, Government Code,
1-6 is amended to read as follows:
1-7 (f) The governing body of a public retirement system in this
1-8 state for municipal employees that is a qualified plan under
1-9 Section 401(a) of the Internal Revenue Code of 1986 (26 U.S.C.
1-10 Section 401) may elect to participate in the proportionate
1-11 retirement program by adopting a resolution to that effect. A
1-12 resolution may not be adopted under this subsection without the
1-13 approval of the governing body of the municipality that finances
1-14 the retirement system. The governing body of the retirement system
1-15 shall notify all other participating retirement systems of the
1-16 election. The effective date of participation in the proportionate
1-17 retirement program by a retirement system for which an election is
1-18 made under this subsection is the first day of the third month
1-19 after the month in which notice is given under this subsection. An
1-20 election under this subsection does not require the approval of the
1-21 participants in the public retirement system making the election.
1-22 SECTION 2. Section 803.003, Government Code, is amended to
1-23 read as follows:
1-24 Sec. 803.003. CONSTRUCTION OF CHAPTER. (a) The provisions
2-1 of this chapter are exceptions to the other laws governing
2-2 retirement systems to which this chapter applies and prevail over
2-3 those laws to the extent of explicit conflict, but this chapter
2-4 must be construed strictly as against those laws.
2-5 (b) Notwithstanding any other law, a person who is
2-6 involuntarily transferred to a position included in the coverage of
2-7 a retirement system governed by Chapter 101, Acts of the 43rd
2-8 Legislature, 1st Called Session, 1933 (Article 6243b, Vernon's
2-9 Texas Civil Statutes), from a position included in a retirement
2-10 system operated by a municipality that does not participate in a
2-11 statewide retirement system governed by Chapter 101, Acts of the
2-12 43rd Legislature, 1st Called Session, 1933 (Article 6243b, Vernon's
2-13 Texas Civil Statutes), may make an irrevocable election at the time
2-14 of the transfer to continue membership in the municipal retirement
2-15 system. An involuntary transfer is determined by the employment
2-16 rules that apply to the person immediately before the time of the
2-17 involuntary transfer.
2-18 SECTION 3. This Act takes effect September 1, 1999.
2-19 SECTION 4. The importance of this legislation and the
2-20 crowded condition of the calendars in both houses create an
2-21 emergency and an imperative public necessity that the
2-22 constitutional rule requiring bills to be read on three several
2-23 days in each house be suspended, and this rule is hereby suspended.
_______________________________ _______________________________
President of the Senate Speaker of the House
I hereby certify that S.B. No. 1664 passed the Senate on
April 22, 1999, by the following vote: Yeas 30, Nays 0; and that
the Senate concurred in House amendment on May 25, 1999, by a
viva-voce vote.
_______________________________
Secretary of the Senate
I hereby certify that S.B. No. 1664 passed the House, with
amendment, on May 22, 1999, by a non-record vote.
_______________________________
Chief Clerk of the House
Approved:
_______________________________
Date
_______________________________
Governor