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Amend HB 3392 (House Committee Printing) by adding the
following appropriately numbered SECTION to the bill and
renumbering subsequent SECTIONS accordingly:
SECTION ____. Subchapter E, Chapter 855, Government Code, is
amended by adding Section 855.4011 to read as follows:
Sec. 855.4011. ADDITIONAL MEMBER CONTRIBUTIONS. To the
extent a contribution under this section does not effect the status
of the retirement system's benefit plan as a qualified plan under
Section 855.607, the retirement system shall provide a 60 day
period each year during which a member may make an additional member
contribution into the member's individual account in an amount
determined by the member. The participating municipality may, at
the municipality's option, match the amount of a member's
contribution under this section.