78S40403 SGA-D

By:  Shapleigh                                                    S.B. No. 22 


A BILL TO BE ENTITLED
AN ACT
relating to eligibility for membership and service credit in the Teacher Retirement System of Texas. BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: SECTION 1. Section 823.002, Government Code, is amended to read as follows: Sec. 823.002. SERVICE CREDITABLE IN A YEAR. [(a)] The board of trustees by rule shall determine how much service in any year is equivalent to one year of service credit, but in no case may all of a person's service in one school year be creditable as more than one year of service. Service that has been credited by the retirement system on annual statements for a period of five or more years may not be deleted or corrected because of an error in crediting unless the error concerns three or more years of service credit or was caused by fraud. [(b) The rules adopted by the board of trustees under Subsection (a) must provide that the 90-day waiting periods described by Sections 822.001(c) and (d) be applied with regard to contributions during a member's first year of service under either of those subsections in a manner that, to the greatest extent possible, minimizes the cost to the retirement system. This subsection expires September 1, 2005.] SECTION 2. Sections 822.001(c), (d), (e), and (f), Government Code, are repealed. SECTION 3. (a) The changes in law made by this Act by the repeal of Sections 822.001(c)-(f), Government Code, apply only to a person who is first employed on or after the effective date of this Act or to a former employee who has withdrawn retirement contributions under Section 822.003, Government Code, and is reemployed on or after the effective date of this Act. (b) The change in law made by this Act by the amendment of Section 823.002, Government Code, applies only to a person whose employment begins on or after the effective date of this Act. The board of trustees of the Teacher Retirement System of Texas shall adopt rules implementing the change as soon as practicable after the effective date of this Act. SECTION 4. This Act takes effect immediately if it receives a vote of two-thirds of all the members elected to each house, as provided by Section 39, Article III, Texas Constitution. If this Act does not receive the vote necessary for immediate effect, this Act takes effect September 1, 2004.