By Ellis H.B. No. 2309
77R8715 T
A BILL TO BE ENTITLED
1-1 AN ACT
1-2 relating to the retirement eligibility and benefits of certain
1-3 custodial officers in the Employees Retirement System of Texas.
1-4 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
1-5 SECTION 1. Section 814.107, Government Code, is amended by
1-6 amending Subsection (a) and adding Subsections (h) and (i) to read
1-7 as follows:
1-8 (a) Except as provided by Subsection (h), a [A] member who
1-9 has at least 20 years of service credit as a law enforcement or
1-10 custodial officer is eligible to retire regardless of age and
1-11 receive a standard service retirement annuity in an amount and to
1-12 be funded as provided by this section.
1-13 (h) A member is eligible to retire and receive a standard
1-14 service retirement annuity in an amount and to be funded as
1-15 provided by this section for all service credit as a custodial
1-16 officer if the member:
1-17 (1) has at least 12 years of service credit as a
1-18 custodial officer on March 1, 2001;
1-19 (2) is transferred by the Texas Department of Criminal
1-20 Justice from a position as a custodial officer to another position
1-21 in the department; and
1-22 (3) has at least 20 years of total service credit.
1-23 (i) An annuity for a retirement under Subsection (h) is
1-24 computed by adding the two products resulting from multiplying the
2-1 member's 36 highest months of compensation for any service credit
2-2 by:
2-3 (1) 2.75 for each year of custodial service; and
2-4 (2) 2.25 for each year of other membership service.
2-5 SECTION 2. This Act takes effect September 1, 2001.