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A BILL TO BE ENTITLED
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AN ACT
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relating to the participation of certain retirees under the |
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proportionate retirement program in the Texas Public School |
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Employees Group Benefits Program. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Section 803.201(b), Government Code, is amended |
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to read as follows: |
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(b) Except as provided by Section 1575.004(d), Insurance |
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Code, a [A] person's combined service credit is useable only in
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determining eligibility for service retirement benefits and may not |
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be used in determining: |
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(1) eligibility for disability retirement benefits, |
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death benefits, or any type of benefit other than service |
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retirement benefits; nor |
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(2) the amount of any type of benefit. |
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SECTION 2. Section 1575.004, Insurance Code, is amended by |
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adding Subsection (d) to read as follows: |
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(d) For purposes of determining the years of service credit |
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of an individual under Subsection (a)(1)(A) or (a)(1)(B)(ii) who |
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has at least 15 years of service credit in the Teacher Retirement |
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System of Texas, all of the individual's combined service credit as |
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determined under Chapter 803, Government Code, but not to exceed 10 |
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years of credit, shall be considered as if it were credited to the |
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Teacher Retirement System of Texas. |
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SECTION 3. The change in law made by this Act applies to an |
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individual without regard to whether the individual retires before, |
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on, or after the effective date of this Act. |
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SECTION 4. This Act takes effect September 1, 2009. |