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78R2462 SGA-D
By: Ogden S.B. No. 1482
A BILL TO BE ENTITLED
AN ACT
relating to the retirement benefits of certain law enforcement
officers in the Employees Retirement System of Texas.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Section 814.107(b), Government Code, is amended
to read as follows:
(b) The standard service retirement annuity payable for at
least 20 years of service credit as a law enforcement or custodial
officer is an amount computed on the basis of the member's average
monthly compensation for that service for the 36 highest months of
compensation, times the sum of the percentage factor used in the
computation of a standard service retirement annuity under Section
814.105 plus:
(1) .5 percent for service credit as a custodial
officer;
(2) .5 percent for service credit as a law enforcement
officer, unless the member qualifies under Subdivision (3); or
(3) .75 percent for service credit as a law
enforcement officer, if the total amount of law enforcement service
credited is 30 years or more and at least three years of that
service occurs after August 31, 2003.
SECTION 2. This Act takes effect September 1, 2003.