By: West S.B. No. 1569
Line and page numbers may not match official copy.
Bill not drafted by TLC or Senate E&E.
A BILL TO BE ENTITLED
1-1 AN ACT
1-2 relating to the Judicial Retirement System of Texas Plan One and
1-3 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 member who has not retired may establish service credit in
1-9 the retirement system for any calendar year during which the
1-10 member:
1-11 (1) held an office included in the membership of the
1-12 retirement system; or
1-13 (2) was eligible to take the oath for an office
1-14 included in the membership of the retirement system.
1-15 (b) A member may establish credit under this section by
1-16 depositing with the retirement system a contribution computed for
1-17 each month of credit claimed at the rate of six percent of the
1-18 member's current monthly salary, plus, if the member does not
1-19 establish credit before the first anniversary of the date of first
1-20 eligibility, interest computed on the basis of the state fiscal
1-21 year at an annual rate of 10 percent from the date of first
1-22 eligibility to the date of deposit.
1-23 SECTION 2. Section 835.101, Government Code, is amended by
2-1 amending Subsection (a) and adding Subsection (c) to read as
2-2 follows:
2-3 (a) Except as provided by Subsection (c), each [Each] month
2-4 the payroll officer responsible for paying the state compensation
2-5 of a judicial officer who is a member of the retirement system
2-6 shall deduct from the state compensation of the judicial officer a
2-7 contribution computed at the rate required of a member of the
2-8 employee class of the Employees Retirement System of Texas.
2-9 (c) A member who accrues 20 years of service credit in the
2-10 retirement system ceases making contributions under this section.
2-11 SECTION 3. Section 834.102, Government Code, is
2-12 amended by amending Subsection (b) to read as follows:
2-13 (b) The retirement system shall increase by 10 percent
2-14 of the amount of the applicable state salary under Subsection (a)
2-15 or (d) the annuity of a member who on the effective date of
2-16 retirement:
2-17 (1) has not been out of judicial office for more than
2-18 one year; or
2-19 (2) has served as a visiting judge in this state and
2-20 the first anniversary of the last day of that service has not
2-21 occurred.
2-22 SECTION 4. Subchapter B, Chapter 838, Government Code, is
2-23 amended by adding Section 838.106 to read as follows:
2-24 Sec. 838.106. CREDIT FOR YEAR IN WHICH ELIGIBLE FOR OFFICE.
2-25 (a) A contributing member may establish service credit in the
2-26 retirement system for any calendar year during which the member:
3-1 (1) held an office included in the membership of the
3-2 retirement system; or
3-3 (2) was eligible to take the oath for an office
3-4 included in the membership of the retirement system.
3-5 (b) A member may establish credit under this section by depositing
3-6 with the retirement system a contribution computed for each month
3-7 of credit claimed at the rate of six percent of the member's
3-8 current monthly salary, plus, if the member does not establish
3-9 credit before the first anniversary of the date of first
3-10 eligibility, interest computed on the basis of the state fiscal
3-11 year at an annual rate of 10 percent from the date of first
3-12 eligibility to the date of deposit.
3-13 SECTION 5. Section 839.102, Government Code, is amended to
3-14 read as follows:
3-15 Sec. 839.102. SERVICE RETIREMENT ANNUITY. (a) Except as
3-16 provided by Subsections (b) and (c), the standard service
3-17 retirement annuity is an amount equal to 50 percent of the state
3-18 salary, as adjusted from time to time, being paid [at the time the
3-19 member retires] to a judge of a court of the same classification as
3-20 the last court to which the retiring member was elected or
3-21 appointed.
3-22 (b) The retirement system shall increase by 10 percent of
3-23 the amount of the applicable state salary under Subsection (a) or
3-24 (c) the annuity of a member who on the effective date of
3-25 retirement:
3-26 (1) has not been out of judicial office for more than
4-1 one year; or
4-2 (2) has served as a visiting judge in this state and
4-3 the first anniversary of the last day of that service has not
4-4 occurred.
4-5 (c) The standard service retirement annuity of a person
4-6 qualifying for retirement under Section 839.101(b) is an amount
4-7 computed as a percentage of the state salary, as adjusted from time
4-8 to time, being paid [at the time the member retires] to a judge of
4-9 a court of the same classification as the last court to which the
4-10 retiring member was elected or appointed, according to the
4-11 following schedule:
4-12 age at retirement percentage of state salary
4-13 at least 60 but less than 61 40 percent
4-14 at least 61 but less than 62 41.7 percent
4-15 at least 62 but less than 63 43.6 percent
4-16 at least 63 but less than 64 45.6 percent
4-17 at least 64 but less than 65 47.7 percent.
4-18 SECTION 5. This Act takes effect September 1, 2001.