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A BILL TO BE ENTITLED
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AN ACT
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relating to employee contributions to the Employees Retirement |
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System of Texas. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Section 815.402, Government Code, is amended by |
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adding Subsections (a-1) and (h-1) to read as follows: |
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(a-1) Notwithstanding Subsection (a)(1), if the state |
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contribution to the retirement system is computed using a |
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percentage less than 6.5 percent for the state fiscal biennium |
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beginning September 1, 2011, the member's contribution is not |
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required to be computed using a percentage equal to the percentage |
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used to compute the state contribution for that biennium. This |
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subsection expires September 1, 2013. |
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(h-1) Notwithstanding Subsection (h), if the state |
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contribution to the law enforcement and custodial officer |
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supplemental retirement fund is computed using a percentage less |
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than 0.5 percent for the state fiscal biennium beginning September |
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1, 2011, the member's contribution is not required to be computed |
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using a percentage equal to the percentage used to compute the state |
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contribution for that biennium. This subsection expires September |
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1, 2013. |
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SECTION 2. This Act takes effect September 1, 2011. |