SRC-MKV S.B. 474 77(R)   BILL ANALYSIS


Senate Research Center   S.B. 474
77R4319 GJH-DBy: Bernsen
Education
2/12/2001
As Filed


DIGEST AND PURPOSE 

Currently, Teacher Retirement System members may purchase, at the time of
retirement, one year of service credit for 50 or more days of unused sick
and/or personal leave.  S.B. 474 repeals the requirement that the retiree
pay for the additional year of credit if he or she retires with 50 or more
days of unused sick and/or personal leave. 

RULEMAKING AUTHORITY

This bill does not expressly grant any additional rulemaking authority to a
state officer, institution, or agency. 

SECTION BY SECTION ANALYSIS

SECTION 1.  Amends Section 823.403, Government Code, by amending Subsection
(c) and deleting Subsections (d) and (e), to make conforming changes,
deleting language relating to a payment made by a member at the time
service credit is granted under this section in order to receive service
credit for the member's state personal or sick leave that has accumulated,
and also  
deletes language relating to a member's employer reimbursing the member for
all or part of the cost of purchasing service credit under this section. 

SECTION 2.  Effective date: September 1, 2001.