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A BILL TO BE ENTITLED
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AN ACT
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relating to monthly benefits for certain retirees of the Teacher |
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Retirement System of Texas who return to work as registered nurses. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Section 824.602, Government Code, is amended by |
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adding Subsection (a-1) to read as follows: |
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(a-1) Subject to Section 825.506, the retirement system may |
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not, under Section 824.601, withhold a monthly benefit payment if |
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the retiree is employed in a Texas public educational institution |
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or in a health care facility associated with a Texas public |
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educational institution as a registered nurse to fill a critical |
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need. |
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SECTION 2. As soon as practicable after the effective date |
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of this Act, the board of trustees of the Teacher Retirement System |
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of Texas by rule shall define the circumstances in which a |
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registered nurse may be considered to fill a critical need for |
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purposes of Section 824.602(a-1), Government Code, as added by this |
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Act. |
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SECTION 3. This Act takes effect immediately if it receives |
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a vote of two-thirds of all the members elected to each house, as |
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provided by Section 39, Article III, Texas Constitution. If this |
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Act does not receive the vote necessary for immediate effect, this |
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Act takes effect September 1, 2007. |