78R4015 SGA-D

By:  Deshotel                                                     H.B. No. 2356



A BILL TO BE ENTITLED

AN ACT

relating to age and years of service calculations for state 
retirement.     
	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:                        
	SECTION 1.  Section 814.104(a), Government Code, is amended 
to read as follows:
	(a)  Except as provided by Section 814.102 or by rule adopted 
under Section 813.304(d) or 803.202(a)(2), a member who has service 
credit in the retirement system is eligible to retire and receive a 
service retirement annuity if the member:
		(1)  is at least 60 years old and has at least 5 years of 
service credit in the employee class; or
		(2)  has at least 5 years of service credit in the 
employee class and the sum of the member's age and amount of service 
credit in the employee class, including months of age and credit, 
equals or exceeds the number 75 [80].
	SECTION 2.  Section 814.107(c), Government Code, is amended 
to read as follows:
	(c)  The standard combined service retirement annuity that 
is payable under this section is based on retirement on or after the 
attainment of the normal retirement age, which for purposes of this 
section is the earlier of either the age of 50 or the age at which 
the sum of the member's age and amount of service credit in the 
employee class equals the number 75 [80].  A law enforcement or 
custodial officer who retires before attaining the normal 
retirement age is entitled to an annuity that is actuarially 
reduced from the annuity available at the normal retirement age to 
the law enforcement or custodial officer service credit annuity 
amount available at the sum of the member's age and amount of 
employee class service credit.  The annuity is payable from the law 
enforcement and custodial officer supplemental retirement fund.
	SECTION 3.  This Act takes effect September 1, 2003.