79R7386 DLF-D
By: West, Royce S.B. No. 1180
A BILL TO BE ENTITLED
AN ACT
relating to the group benefit plans provided to certain retired
state and university employees and their dependents.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. The board of trustees of the Employees
Retirement System of Texas and the boards of regents of The
University of Texas System and The Texas A&M University System
shall jointly:
(1) review the changes in law made by Section 4.03,
Chapter 366, and Section 2.08, Chapter 1266, Acts of the 78th
Legislature, Regular Session, 2003, and Article 16, Chapter 3, Acts
of the 78th Legislature, 3rd Called Session, 2003;
(2) develop an equitable and uniform plan for
treatment of annuitants and retirees and their dependents, and
particularly those retirees and annuitants described by Sections
1551.102(i), 1551.111(e), 1551.112(c), and 1601.102, Insurance
Code, that operates within existing state resources and is fair to
the annuitants and retirees; and
(3) notwithstanding Sections 1551.102(i),
1551.111(e), 1551.112(c), 1551.253, and 1601.102, Insurance Code,
implement the plan developed under Subdivision (2) of this section.
SECTION 2. This Act takes effect immediately if it receives
a vote of two-thirds of all the members elected to each house, as
provided by Section 39, Article III, Texas Constitution. If this
Act does not receive the vote necessary for immediate effect, this
Act takes effect September 1, 2005.