80R10323 KFF-F
 
  By: Eltife S.B. No. 1745
 
 
 
   
 
 
A BILL TO BE ENTITLED
AN ACT
relating to monthly benefits for certain retirees of the Teacher
Retirement System of Texas who return to work.
       BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
       SECTION 1.  Section 824.602, Government Code, is amended by
adding Subsection (p) to read as follows:
       (p)  The exception provided by Subsection (a)(3) continues
to apply to work performed by a retiree in June of a school year if:
             (1)  the work the retiree agreed to complete under the
contract or work agreement cannot be completed by May 31; and
             (2)  the retiree does not work beyond June 15 of that
year.
       SECTION 2.  The change in law made by this Act applies only
to a retiree of the Teacher Retirement System of Texas who resumes
employment with a Texas public education institution on or after
the effective date of this Act.
       SECTION 3.  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, 2007.