By:  Madden                                                     H.J.R. No. 1  


A JOINT RESOLUTION
proposing a constitutional amendment to allow supplemental retirement programs offered by a single employer of a municipality. BE IT RESOLVED BY THE LEGISLATURE OF THE STATE OF TEXAS: SECTION 1. Section 67(a)(2), Article XVI, Texas Constitution, is amended to read as follows: (a)(2) A person may not receive benefits from more than one system for the same service, but the legislature may provide by law that a person with service covered by more than one system or program is entitled to a fractional benefit from each system or program based on service rendered under each system or program calculated as to amount upon the benefit formula used in that system or program. Transfer of service credit between the Employees Retirement System of Texas and the Teacher Retirement System of Texas also may be authorized by law. A person is not receiving benefits under more than one public retirement system if, a single employer participates in a state wide public retirement system and also provides: (a) benefits established by the employer subsequent to the employer's withdrawal from the social security program; or (b) benefits provided under supplemental retirement programs including those funded by the employer, employee, or a combination thereof which are uniformly available to all qualified employees. The additional benefits under (a) and (b) above shall not be credited to another public retirement system. SECTION 2. This proposed constitutional amendment shall be submitted to the voters at an election to be held November 8, 2005. The ballot shall be printed to permit voting for or against the proposition: "The constitutional amendment to allow supplement retirement programs offered by a single employer."