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A BILL TO BE ENTITLED
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AN ACT
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relating to service creditable in the Judicial Retirement System of |
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Texas Plan Two. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Subchapter B, Chapter 838, Government Code, is |
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amended by adding Section 838.1045 to read as follows: |
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Sec. 838.1045. SERVICE ON COUNTY COURT AT LAW OR AS JUSTICE |
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OF THE PEACE. (a) An eligible member may establish equivalent |
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membership service credit in the retirement system for service |
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performed as judge of a county court at law or as a justice of the |
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peace. |
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(b) A member may establish credit under this section by |
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depositing with the retirement system a contribution in an amount, |
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except as provided by Subsection (e), computed at the rate of six |
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percent of the state salary of a district judge for the member's |
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full tenure on the county court at law or as a justice of the peace, |
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plus interest computed at the rate of interest credited to a |
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person's account in the Texas County and District Retirement System |
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for the period of the service or, for service performed before |
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January 1, 1968, at the rate of six percent a calendar year. |
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(c) A member who establishes credit under this section |
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forfeits all rights to benefits based on the claimed service in the |
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Texas County and District Retirement System, except rights to |
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benefits based on the amount paid by the county for the service that |
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exceeds the amount of state salary that would have been paid for the |
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service. |
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(d) The Texas County and District Retirement System shall |
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transfer to the retirement system the amount credited to the |
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member's account, whether contributed by the member or the member's |
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employer, plus accumulated interest, except any amount |
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representing contributions or interest on salary that exceeds the |
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state salary that would have been paid for the service. |
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(e) The retirement system shall credit the amount |
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transferred by the Texas County and District Retirement System |
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against the member's required payment under this section. If the |
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total of the amount transferred and the amount paid by the member |
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exceeds the amount required by this section, the retirement system |
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shall leave the excess in the retirement system trust fund. |
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(f) The amount of contributions credited in the retirement |
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system to a member who establishes credit under this section is the |
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amount that the member would have contributed to the retirement |
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system, the Judicial Retirement System of Texas, or the Judicial |
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Retirement System of Texas Plan One as a district judge at the time |
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the service was performed. |
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SECTION 2. The change in law made by this Act applies only |
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to the years of service creditable for retirement benefits of a |
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member of the Judicial Retirement System of Texas Plan Two who |
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retires on or after the effective date of this Act. The years of |
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service creditable for retirement benefits of a member who retires |
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before the effective date of this Act is governed by the law in |
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effect on the effective date of the retirement, and that law is |
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continued in effect for that purpose. |
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SECTION 3. This Act takes effect September 1, 2009. |