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A BILL TO BE ENTITLED
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AN ACT
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relating to the service retirement annuity for certain members of |
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the Judicial Retirement System of Texas Plan Two. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Section 839.102(a), Government Code, as amended |
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by Chapters 1033 (H.B. 1114) and 1203 (H.B. 617), Acts of the 79th |
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Legislature, Regular Session, 2005, is reenacted and amended to |
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read as follows: |
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(a) Except as provided by Subsections (b), (b-1), (c), (d), |
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and (f), the standard service retirement annuity is an amount equal |
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to 50 percent of the state salary being paid at the time the member |
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retires to a judge of a court of the same classification as the last |
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court to which the retiring member was elected or appointed. |
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SECTION 2. Section 839.102, Government Code, is amended by |
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adding Subsection (b-1) to read as follows: |
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(b-1) The retirement system shall increase by 10 percent of |
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the amount of the applicable state salary under Subsection (a), |
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(b), or (c) the annuity of a member who on the effective date of |
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retirement has continuously made contributions to the retirement |
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system and has: |
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(1) acquired at least 22 years of service credit as a |
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district judge; or |
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(2) acquired at least 20 years of service credit as an |
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appellate judge. |
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SECTION 3. The change in law made by this Act applies only |
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to a person who retires on or after the effective date of this Act. |
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The change in law does not apply to a person who retired before the |
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effective date of this Act. |
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SECTION 4. 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, 2009. |