79R9866 HLT-D

By:  Castro                                                       H.B. No. 3137



A BILL TO BE ENTITLED

AN ACT

relating to permitting a member of the Teacher Retirement System of 
Texas to establish equivalent membership service for time spent 
serving in the Peace Corps.
	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:                        
	SECTION 1.  Section 823.401, Government Code, is amended by 
amending Subsections (a) and (f) and adding Subsections (a-1) and 
(f-1) to read as follows:
	(a)  Except as provided by Subsection (b), an eligible member 
may establish equivalent membership service credit for:
		(1)  employment with a public school system maintained 
wholly or partly by another state or territory of the United States 
or by the United States for children of its citizens; or
		(2)  service in the Peace Corps.                                       
	(a-1)  A school receiving funds under 22 U.S.C. Section 2701 
is considered a public school for the purposes of this section.
	(f)  The amount of service credit a member may establish for 
employment with a public school system described by Subsection 
(a)(1) [under this section] may not exceed the lesser of the number 
of years of membership service credit the member has in the 
retirement system for actual service in public schools or 15 years.
	(f-1)  The amount of service credit a member may establish 
for service in the Peace Corps as described by Subsection (a)(2) may 
not exceed two years.
	SECTION 2.  This Act takes effect September 1, 2005.