Amend SB 368 on third reading by inserting the following 
SECTION, appropriately numbered:
	SECTION      .  On September 1, 2005, the Employees Retirement 
System of Texas shall recompute under Section 839.102, Government 
Code, as amended by this Act, the annuities of persons who have 
retired, or the annuities of beneficiaries of persons who have 
died, as if the persons had retired or died under the lesser of the 
salary provisions of Subchapter E, Title 8, Government Code, or the 
salary provisions of the General Appropriations Act of the 79th 
Legislature, Regular Session, 2005.  The first payment of the 
recomputed annuities becomes payable on the first date a payment 
becomes due after the effective date of this Act.